The Fed’s War on Savings

by | Apr 9, 2020

The Fed’s War on Savings

by | Apr 9, 2020

During a March 17 address to the nation in response to the COVID-19 outbreak, President Donald Trump asked that Americans work from home, postpone unnecessary travel, and limit social gatherings to no more than 10 people. Ten days later, Trump signed a stimulus package of over $2 trillion dollars to provide relief to an economy on the precipice of collapse. The aid package includes handouts and loans to individuals, small businesses, and other distressed industries.

Read the rest at the Tenth Amendment Center.

Jp Cortez

Jp Cortez is a graduate of Auburn University, and a resident of Charlotte, North Carolina. He is a Mises University alumnus. Cortez is the Executive Director of the Sound Money Defense League, an organization working to bring back gold and silver as America's constitutional money.

View all posts

Our Books

Recent Articles

Recent

Understanding Money and Inflation in Today’s World

Understanding Money and Inflation in Today’s World

Leaving aside the events that made the current monetary system possible, banknotes that are printed monopolistically (currency) by central banks have purchasing power and serve as a general medium of exchange (money) for billions of people around the world. Such...

read more

Rewarding Failure at the Galactic Level

One trillion dollars, the rest of the planet spends approx 2.4-2.7 trillion dollars, the Pentagon is not delivering much bang for the buck. They even funded accounting errors to reward the poor performance of Pentagon program managers. When combined with off DOD...

read more

Pin It on Pinterest

Share This