Download Episode. Ryan McMaken of the Mises Institute joins Scott to discuss the ill effects central banking has on the country. McMaken wrote an article recently pointing out that the Federal Reserve, America’s central bank, is technically bankrupt. Scott has...
Federal Reserve
Another Cycle of Debt Ceiling Hysteria
by Ron Paul | Jan 25, 2023 | Economics, Featured Articles
This week the U.S. government reached its 31.4 trillion dollars borrowing limit, better known as the “debt ceiling.” This led to a showdown among House Republicans, President Biden, and congressional Democrats. House Republicans are demanding that President Biden and...
The Idea of Making a ‘Trillion Dollar Coin’ Is Still Dumb
by Ryan McMaken | Jan 24, 2023 | Economics, Featured Articles
Here we go again. Every few years in Congress there is a purely political battle over the debt ceiling. We're supposed to be horrified and worried that the U.S. might default on some of its debt. Some commentators will insist the U.S. has never defaulted, and that...
Black Youth Unemployment: Before and After Progressives Started “Helping”
by Keith Knight | Jan 19, 2023 | Blog
A constant trend is progressivism is to use the state to coercively control others under the guise of "helping" them, make things worse, then ignore the problems you caused and never apologize. Sallie Mae loans didn't make college affordable. The Federal Reserve...
Joe Biden Is Lying About the Jobs Numbers
by Ryan McMaken | Jan 11, 2023 | Economics, Featured Articles
The personal savings rate is near seventeen-year lows. Credit card debt is at record levels. Millions of prime-age workers have quit the job market, and full-time employment continues to wither. On the other hand, the Biden Administration wants you to think things...
In Trump’s Tax Returns, We See the Evil of the Income Tax
by Ron Paul | Jan 10, 2023 | Featured Articles, Politics
The final act of the Democrat majority on the House Ways and Means Committee was to make public several years of Donald Trump’s tax returns, which the Committee obtained after a prolonged legal battle. The tax returns confirmed that, despite being one of the richest...
Where Have All the Working Men Gone?
by Ryan McMaken | Dec 29, 2022 | Economics, Featured Articles
Last week, CNN featured a story called "Men are dropping out of the workforce. Here's why" The article went on to tell us virtually nothing at all about why so many men are leaving the workforce. Although as many as seven million men have stayed out of the workforce...
Omnibus Bill Shows Congress’ Priority Is Not Americans
by Ron Paul | Dec 28, 2022 | Featured Articles, Foreign Policy, Politics
Those hoping for a Christmastime government shutdown were once again disappointed when Congress passed a 4,000-page, $1.7 trillion omnibus appropriations bill that few, if any, Representatives and Senators read before voting on. The Republican leadership celebrated...
Blog
Pentagon Follies: Accounting for DEI Expenditures
Inclusion, Equity and Diversity (IED) is communism in blackface. This viral contagion has raced to the top of government bureaucracies and, of course, facilitates a race to the bottom in quality and competence. The wizards at the Pentagon who have yet to account for...
A Soho Forum discussion of COVID with Tom Woods
https://www.youtube.com/watch?v=fKzl5CngE5Q Check out Tom's great book, Diary of a Psychosis.
US Abrams Tanks Withdrawn from Fighting in Ukraine
Five four million dollar tanks up in smoke. They'll make every excuse they wish but the days of manned tanks are over. Ukraine has lost five Abrams tanks in recent months, The New York Times reported this month, citing an unnamed senior US official. At least three...
The Aircraft Carrier is the Crossbow and Chariot of the Modern Age
The US Navy, of course, is desperately trying to get authorization to build more Ford-class carriers. Ironic that they name the carrier after a violence broker famous for being rather clumsy and unable to navigate around. The first of class doesn't work properly: it...
Here’s an Idea
If you can't tell the difference between 2024 America and 1930s Germany, let's not have a conversation, okay?
Meanwhile, Over in Sadist Land
Palestinian baby rescued from dead mother’s womb dies in Gaza hospital
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