More of the Same: Feds Run Another Big Budget Deficit in August

Something has to give. The Fed can’t simultaneously fight inflation and prop up Uncle Sam’s spending spree. Either the government will have to cut spending or the Fed will have to keep creating money out of thin air in order to monetize the debt. You can decide for yourself which scenario you find more likely.

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San Francisco Board of Supervises Passes Resolution Calling for Decriminalization of Psychedelics

Last week, the San Francisco Board of Supervisors unanimously passed a resolution calling for the decriminalization of psychedelics including psilocybin and ayahuasca. While not legally binding, resolutions can serve as an important first step and build a foundation for further action in the future.

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