PAYNE: The Euthanasia of Capitalism

Among several comments responding to my October 7th OP-ED called the HIGH PRICE OF TYRANNY, were the words: “There is no $37 trillion debt. When you understand the Federal Reserve, then you might understand those words. Until you learn that, you should be quiet.” At my age, I like to learn, but have no intention … Read more

McMaken: How the Fed Made Housing Unaffordable

Donald Trump and his allies continue to complain that the central bank isn’t inflating the money supply enough. Last week, Bill Pulte, Trump’s appointee to the Federal Housing and Finance Administration—and the head of Fannie and Freddie—complained that Powell and the FOMC weren’t forcing down interest rates enough. Pulte wrote on X/Twitter: Because President Trump has crushed … Read more

McMaken: Central-Banking Myths that Fed Critics Believe

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

The Federal Reserve Killed the Penny. Is MAGA Next?

President Trump recently issued an executive order instructing the US Mint to stop producing pennies. The reason for this is it costs nearly four cents to produce one penny. That’s right: the US government can’t even make pennies without losing money! President Trump may have signed the death certificate, but the Federal Reserve is the … Read more

To Make America Great Again, Separate Money and State

“Delivering Emergency Price Relief for American Families and Defeating the Cost-of-Living Crisis” is the title of one of the many executive orders President Trump issued in his first week back in the Oval Office. This executive order directs federal agencies to “deliver emergency price relief” to the American people by reducing federal regulations that increase … Read more

2025 New Year’s Resolutions, Part Two

Even though we are (a few) weeks into 2025, I want to suggest some more New Year’s resolutions. The Federal Reserve should resolve to stop enabling excessive federal spending by purchasing Treasury bonds, thus monetizing the federal debt. The Federal Reserve’s monetization of federal debt enables the federal government to amass trillions in debt while … Read more

Make Money Free Again

Two days after Donald Trump became the first American since Grover Cleveland to win nonconsecutive presidential elections, the Federal Reserve announced a quarter-percent cut in interest rates. Following this announcement, Fed Chairman Jerome Powell held a press conference and said that he would not comply with any presidential request that he step down before his … Read more

Donald Trump Does Not Know the ‘Correct’ Interest Rate

By Ron Paul | Ron Paul Institute – Former President and current Republican Presidential Nominee Donald Trump recently renewed his criticisms of the Federal Reserve. He suggested that, if he returns to the White House next year, he will push Congress to pass legislation giving the president at least a say in the Fed’s decisions … Read more

Our Financial Situation

Federal Reserve Chairman Jerome Powell is close to being forced to restart money printing despite the presence of inflation.  JP Morgan CEO Jamie Dimon warns; inflation driven by massive federal deficits will stay higher for longer than markets expect.  He notes inflation may keep interest rates up.  High interest rates harm smaller companies; keep mortgage … Read more

Money cash greed original Photo by Sharon McCutcheon on Unsplash

Remember, Cash is King!

Cash is king, at least until our “overlords” at the Federal Reserve and the Totalitarians that have infested the Executive Branch decided to make our paper (actually made of a special cloth) dollars digital – just PERFECT for tracking everything we’d do).

Read more

The FED Federal Reserve Bank

The Federal Reserve Inflation; The Worlds Greatest Pickpocket

Open Letter to New Hampshires Federal Delegation: Senator Shaheen & Hassan and Representatives Pappas & Kuster; Listening to sportscasters talk over the radio this morning complaining about the New England Patriots raising their season ticket prices, they made the point “that all prices are going up.”

Read more

Gold bars Photo by Jingming Pan on Unsplash

The Gold Standard Restoration Act

We have been blessed as a nation with the “gold standard” of government. Unlike other nations that grant rights and take them away, the basic premise of our Constitutional Republic is: “We are endowed by our Creator with certain unalienable rights.”.

Read more

Penguins

Inflation Even Hurts the Penguins

A recent video shows penguins at a Japanese aquarium rejecting the cheap fish the aquarium has substituted for the higher quality fish the penguins are used to receiving. The reason the aquarium switched fish is because rampant inflation has made it impossible for the aquarium to afford the higher quality fish.

Read more

The FED Federal Reserve Bank

The Fed, and No One Else, Is Responsible for Inflation

According to commentators in the mainstream press and various federal officials, inflation is like the coronavirus. It spreads around the world, hitting different countries in different ways. Sometimes a country will experience only mild symptoms and sometimes more severe symptoms, like what happens with Covid. Now that the inflation virus has hit America, the mainstream … Read more

Money cash

The Founders Predicted our Economic Crisis

Did Thomas Jefferson call the economic crisis? “Every thing predicted by the enemies of banks, in the beginning, is now coming to pass. we are to be ruined now by the deluge of bank paper as we were formerly by the old Continental paper.” That’s from a letter to Thomas Cooper in January 1814. And … Read more

Budgets

Data Point – Federal Debt FY2006-2021

At what point is “enough Debt is enough”?  Probably not until interest rates go from 1% to 10% in an afternoon when the Fed stops buying Treasury notes – and no one else is either. At that point, not only will America’s financial status be junk, our enemies will know that everything else is as well.

Read more

Share to...