Wednesday, January 20, 2021
Fed Must Inflate

The Fed Must Inflate

The Fed is busy doing everything in its considerable power to get credit (that is, debt) growing again so that we can get back to what it considers to be "normal."But the problem is that the recent past was not normal. You may have already seen this next...
Bitcoin-300x300
Do you actually believe that the central banks of the world are going to sit back and do nothing while their monopoly over money creation is being threatened?  Do you actually believe that the governments of the world are going to allow a digital currency that they have no...
firefly-300x225

Privatize Outer Space!

“The Planetary Society” is trying to whip up public action in the United States to pressure the federal government to restore spending programs for NASA. The website tells the reader, “For decades, Jupiter’s moon Europa has cried out for exploration. Its large ocean may be one of the most...
tax found
Ludwig von Mises, a mentor to Friedrich Hayek and a major figure in economics in his own right, set out his views on capitalism and inequality in a slender book (just 113 pages) called The Anti-Capitalistic Mentality. First published in 1954, and readily available online for less than $10,...
Ben Bernanke

Bernanke Loosens Up

On Wednesday December 12, 2012 Fed policy makers announced that they will boost their main stimulus tool by adding $45 billion of monthly Treasury purchases to an existing program to buy $40 billion of mortgage debt a month. This decision is likely to boost the Fed’s balance sheet...
gold-shavings
 Global unrest and inflation will play a role in improving fundamentals for gold and silver, Byron King, newsletter editor for Agora Financial, tells The Gold Report. But miners have to control costs and clean up their internal cash flow, too. Meanwhile, investors who have run up gains in traditional...
Lone Star State
City JournalLocal liabilities threaten the state’s fiscal reputation Though Texas has rightly earned kudos for its balanced budgets and its high-powered, business-friendly economic environment, it has an emerging debt problem. From money borrowed to build extravagant sports facilities to rising obligations for government workers’ pensions, Texas’s state and local...
dodd-frank
As the weather finally turns to spring, the D.C. Circuit Court of Appeals today blew a nice cool breeze of common sense. A bipartisan three-judge panel unanimously overturned district Judge Richard Leon’s July 31 ruling that the Federal Reserve had not made the price controls stemming from Dodd-Frank’s Durbin...