Economy

The central question is not how big the government is or how much it owes, but rather whether the debt is funded by taxes

Bitcoin may be at start of “massive transformation” into mainstream of finance

As the money supply has skyrocketed, money has flooded into stocks, bonds, single-family housing, and crypto

The driving force behind the stakeholder capitalism philosophy is precisely that it creates opportunities for political actors to assert disproportionate control over the economy’s resources

Corporations buy the dip, fueling latest crypto surge

Shorting more than the total outstanding shares isn’t perverse or fraudulent, whereas naked short selling—depending on the context—might be

Major companies dumping huge amounts of commercial real estate

According to popular thinking, the sharp decline in money velocity since June 2008 is likely to neutralize recent strong money supply increases’ effect on price inflation ahead

The Federal Reserve increased the money supply at a record rate in 2020. And a move recently announced by the US Treasury Department will mean even more money flooding into the marketplace. In other words, another tidal wave of inflation.The Treasury plans on drawing down the $1.6 trillion balance in its Treasury General Account (TGA) at the Federal […]

By 1715, the manipulation of the currency, the increase in public debt, and the mismanagement of state finances had left France in poverty and chaos

Prudent economic calculation becomes more difficult as legal and regulatory regimes are subject to frequent changes and political upheaval

Social activists now regard the minimum wage as another welfare program that can reduce the costs of programs like Medicaid and food stamps, and can reduce inequality

Regardless of how knowledgeable we are and regardless of various technological ideas, without an expanding pool of real savings, expansion in economic growth is not going to emerge

“I am not against bank notes as such … I want to give everybody the right to issue his own banknotes. The problem then would be to get other men to accept such private banknotes; maybe nobody will take them.”

Median price of single family home rose nearly 15% in Q4

In an unhampered market, there is no such thing as “excess” consumption of imports

It is only through the increase in capital goods, i.e., through the enhancement and the expansion of the infrastructure, that labor can become more productive and earn a higher hourly wage

In a podcast, Peter Schiff said it smells like stagflation is on the horizon. Inflationary pressures are becoming more and more apparent. Labor costs, commodity prices and bond yields are all pushing upward – clear signs of inflationary pressure. And of course, defined correctly – as an increase in the money supply – there is no denying inflation is […]

Most important U.S. city being hollowed out amid mass exodus, crime explosion

The myth of corporate libertarians vs. heroic Progressives persists, because left-wing academics and journalists never bother to test their assumptions against the evidence

We shouldn’t feel sorry for the hedge funds

The GameStop saga shows some “equity” movements are more equal than others.Stakeholder theory, the corporate version of social justice, attempts to install this hopelessly amorphous concept of “equity” in the business world. Equity, unlike equality, demands different treatment of individuals and different distribution of resources based on need, identity, and historical injustices. But now equity […]

The Reddit Raiders turned their eyes toward silver over the weekend. Interest in the white metal sparked a surge in retail demand and pushed the spot price of silver briefly over $29 an ounce. As Peter Schiff put it, the Reddit Riders were riding silver instead of piling into heavily shorted stocks. But how should we look at this […]

Since the present monetary system is fundamentally unstable, there cannot be a “correct” money supply growth rate