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Explainer: What Is The Texas Enterprise Fund?

Explainer: What Is The Texas Enterprise Fund?

One of many government programs that many Texans have no clue exists is the Texas Enterprise Fund. Millions of tax dollars are distributed from this program, yet it never receives much attention from the public. The program is administered via the Office of the...
Explainer: What Is Fractional Reserve Banking?

Explainer: What Is Fractional Reserve Banking?

In response to our article defining the correlation between inflation and interest rates, TFR has been asked by many subscribers to explain the system that makes this possible. What is fractional reserve banking? Fractional reserve banking is a system of banking that...
Inflation Soars to 7% a 40 Year High

Inflation Soars to 7% a 40 Year High

  CPI data released this morning revealed that the year-over-year inflation rate has hit 7%. This is the highest rate experienced in 40 years (since 1982) in the USA and there is no sign that we will be inflecting downward any time soon. Inflation is a tax on the...