As the political and central banking establishment in Washington continues to bail out the economy and markets by creating trillions of unbacked pieces of paper and electronic digits, a handful of congressmen hope to shine a new spotlight on the devastating effects of...
If you want to end unconstitutional, overreaching federal power—end the Fed. It’s the engine that drives the most powerful government in the history of the world. But Congress will never abolish the central bank. It can’t even come up with the will to audit the Fed....
If some Congress members get their way, the Federal Reserve may soon be able to track many of your purchases in real time and share that information with government agencies. This is just one of the problems with the proposed “digital dollar” or “fedcoin.” Fedcoin was...
The federal budget deficit in the month of June totaled nearly the entire 2019 fiscal year shortfall and would rank sixth largest-ever if it were a yearly deficit. The June deficit came in at $864.1 billion dollars, according to the latest Treasury Department report....
Federal Reserve Chair Jerome Powell and San Francisco Fed President Mary Daly both recently denied that the Federal Reserve’s policies create economic inequality. Unfortunately for Powell, Daly, and other Fed promoters, a cursory look at the Fed’s operations shows...
Old coins vaccinated me against trusting politicians long before I grew my first scruffy beard. I began collecting coins when I was eight years old in 1965, the year President Lyndon Johnson began eliminating all the silver in new dimes, quarters, and half dollars....
Of all the shameful things. Wilson's brutal racism is only one facet of his horrible legacy, which also includes the creation of the Federal Reserve and lying America into World War I, an act which was directly responsible for the rise of Nazism, Communism and the...
If the heads of the Federal Reserve are to be believed, Fed policies do not make wealth inequality worse. When asked recently if the Fed’s policies widen inequality, San Francisco Federal Reserve President Mary Daly stated without reservation: “Not in my judgment.”...
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