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There are many reasons for disliking the Federal Reserve, and readers often encounter a wide variety of these reasons in articles and commentary by financial writers and economists. It is often the case, however, that many critics of the Fed attack the Fed for the wrong reasons. For example, one will often see Fed critics attacking the … Read more
Many citizens want more government control of the economy to curb rising prices. It is the worst strategy imaginable. Interventionist governments never reduce consumer prices because they benefit from inflation, dissolving their political spending commitments in a constantly depreciated currency. Inflation is the perfect hidden tax. The government makes the currency less valuable by issuing more units … Read more
The following article appears at American Thinker. It was written by Nathan Williamson, August 2, 2019. It is interesting because it describes the situation surrounding the U.S. dollar, debt and trade. Read it to understand what some of our not so friendly creditors are saying and doing. https://www.americanthinker.com/blog/2019/08/international_monetary_policy_going_for_gold_.html Recently, the gold standard has received some … Read more
In Segment Five – roughly 20 minutes long – Mike Rogers takes us through a discussion of current monetary policy and the dangerous dance of central bankers. Segment Five Download this segment here. Please support this program by making a donation today. Thanks! You can get links to other segments or listen to … Read more
(H/T: Business Insider)