(Larry Reed, El American) "Government,” observed the great Austrian economist Ludwig von Mises, “is the only institution that can take a valuable commodity like paper and make it worthless by applying ink.”
Mises was describing the curse of inflation, the process whereby government expands a nation’s money supply and thereby erodes the...
(David Morgan, Money Metals News Service) The currency crisis is now coming to fruition.
The currency du jour, the U.S. dollar, which has held on to its title as the reserve currency of the world for decades, is losing its throne.
Loss of trust and confidence is a psychological event, not a...
(Clint Siegner, Money Metals News Service) The Fed’s Open Markets Committee met last week and left policy unchanged – at least for the moment.
No one expected central banking officials to make rate adjustments last week with equity prices rubbing up against all-time highs and the economic recovery narrative still dominant.
Central...
President Joe Biden has stocked his administration with alumni from former President Barack Obama's administration, and they have returned laden with cash and beholden to corporate interests.
New financial closures show that Biden's top officials, including Domestic Policy Council Director Susan Rice, have closer connections to corporations like Apple and...
The International Renewable Energy Agency, a United Nations non-voting member, said in a study that world governments must spend $131 trillion by 2050 to keep the rise in global temperature below 1.5 degrees Celsius, Reuters reported.
Based on the average US temperature of 11.5 degrees Celsius, that translates in American...
Starbucks CEO Kevin Johnson refused to reveal during the company's annual shareholder meeting how much money it had lost due to ongoing riots led by Antifa and Black Lives Matter in cities such as Portland and Seattle.
Davis Soderberg, an associate with the National Center for Public Policy Research's Free...
(Keith Weiner, Money Metals News Service) By the M0 measure of the money supply, there was a 52% increase between February 2020 and January of this year. This is a graph of M0 going back to 2000.
There. Proof of the coming hyperinflation. It took centuries to get to $3.4 trillion...
Precious metals markets traded into an important technical juncture ahead of Wednesday’s Federal Reserve policy announcement.
Bank of America analysts stated that this week’s meeting is “one of the most critical events for the Fed in some time.”
The Fed faces mounting pressure to intervene in the bond market as yields...
(Headline USA) Republican attorneys general from 21 states are questioning a provision in the $1.9 trillion pandemic "rescue" plan that bars states from using its funds to offset tax cuts.
In a letter to Treasury Secretary Janet Yellen on Monday, they said the prohibition is “unclear, but potentially breathtaking” — airing...
(Brad Polumbo, Foundation for Economic Education) President Joe Biden is taking a victory lap after signing his $1.9 trillion ‘COVID’ spending bill. “Help is here,” he wrote in a tweet promoting his plan.
But Americans who are initially glad to hear that more ‘COVID’ relief is supposedly on its way may...
(Hannah Cox, Foundation for Economic Education) A whopping 40 percent of small business owners were unable to fill job openings last month—a seven-point increase from January.
This finding comes from a new report by the National Federation for Independent Business, a small business advocacy group. The inability to fill jobs comes...
President Joe Biden will announce the largest tax hikes in a generation, which a Democrat turned Republican said will send the economy into a "spiral for death," Fox Business reported.
Treasury Secretary Janet Yellen said the first tax hikes since former President Bill Clinton's in 1993 will aim to reduce...