The Shocking Truth About Government Default
The central question is not how big the government is or how much it owes, but rather whether the debt is funded by taxes
The central question is not how big the government is or how much it owes, but rather whether the debt is funded by taxes
259 new billionaires broke into the club during 2020.
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
Round two of capital insurgency rocks Wall Street
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
City dwellers fleeing metro areas due to crime, high taxes, lockdowns
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 […]
“A foundational step for the people to undermine the Federal Reserve’s monopoly on money”
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.”
Freezing wells and pipelines wreaking havoc on energy production
Time to worry about food inflation
Gas prices already surging before winter storm crisis
How long will the desire for good old fashioned bank notes last?
Investors fleeing fiat currencies as central banks continue printing spree
A lot more people are going to end up sleeping in their vehicles.
In an unhampered market, there is no such thing as “excess” consumption of imports
U.S. budgetary issues ‘not playing role’ in deliberations, Powell says
More bad news for NYC commercial real estate, mainstream media
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
These are very dark times for the U.S. economy, and the outlook for the future is exceedingly bleak
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
Top cryptocurrency surges past $44,000 on game-changing news
The person that prosecutors seized the Bitcoin from reportedly won’t spill the beans, either
Powerful globalist corporations, in league with the U.N and Davos group, are collapsing the human economy in a militarized economic maneuver.
Countries around the world taking steps to disentangle itself from the U.S. dollar standard in global trade and payments
The myth of corporate libertarians vs. heroic Progressives persists, because left-wing academics and journalists never bother to test their assumptions against the evidence
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 […]
Sales of U.S. gold bullion coins rose 258% in 2020 while silver coin demand was up 28%, the U.S. Mint said Tuesday.
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 […]
It should be clear by now that the unbacked paper money system is not only a cause of crises, it is also the central instrument of control for the oligarchic party elites and their supporters
Since the present monetary system is fundamentally unstable, there cannot be a “correct” money supply growth rate
Our financial system is far more vulnerable than most people realize
Young Republican leader Gavin Wax railed against the Wall Street elites on Sunday