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These 8 Red Flags Warn Us We’re Speeding Toward an Economic Collapse RIGHT NOW
These 8 Red Flags Warn Us We’re Speeding Toward an Economic Collapse RIGHT NOW This isn’t exactly an article loaded with Christmas cheer, but there’s a very good reason that my family has strictly limited our holiday splurges this year. It’s because all the signs right now seem to indicate the US is hurtling toward […]
The Untouchable US-Saudi Relation Is a Core Element of US Imperialism
The Untouchable US-Saudi Relation Is a Core Element of US Imperialism In the last few weeks, numerous articles and analyses have been produced relating to the murder of Jamal Khashoggi in the Saudi consulate in Istanbul. However, the relationship between Saudi Arabia and the United States has not been questioned, and the reason for this has not […]
Hitler’s Economics
Hitler’s Economics For today’s generation, Hitler is the most hated man in history, and his regime the archetype of political evil. This view does not extend to his economic policies, however. Far from it. They are embraced by governments all around the world. The Glenview State Bank of Chicago, for example, recently praised Hitler’s economics […]
The Fed’s Easy-Money Policies Aren’t Helping Income Growth
The Fed’s Easy-Money Policies Aren’t Helping Income Growth Back in August, Bloomberg interviewed Karen Petrou about her research on quantitative easing and the Fed’s policies since the 2008 financial crisis. What she has discovered has not been encouraging for people who aren’t already high-income, and in recent research presented to the New York Fed, she […]
The Gold Standard: Protector of Individual Liberty and Economic Prosperity
The Gold Standard: Protector of Individual Liberty and Economic Prosperity A Piece of Paper Alone Cannot Secure Liberty The idea of a constitution and/or written legislation to secure individual rights so beloved by conservatives and among many libertarians has proven to be a myth. The US Constitution and all those that have been written and […]
Silver v Gold Standard
Silver v Gold Standard QUESTION: Mr. Armstrong; You do not give much credence to the world returning to a gold standard. Didn’t the entire world use the gold standard before? Thank you for your input JK ANSWER: The entire world has NEVER been on the gold standard simultaneously. Asia was on a silver standard while […]
Gold Yuan Crypto
Gold Yuan Crypto George Caleb Bingham The verdict of the people 1854It’s been a while since we last heard from Dr. D, but here he’s back explaining why neither gold nor the yuan nor cryptocurrencies can or will replace the dollar as the reserve currency, but together they just might: Dr. D: “Some debts are […]
Congressman Alex Mooney’s Bill Defines the Dollar as a Unit of Gold
Congressman Alex Mooney’s Bill Defines the Dollar as a Unit of Gold This story came out in March, but I just now caught it. I salute Mooney for wording the legislation correctly. Please consider House Bill HR5404 Defines New Dollar Gold Standard. HR 5404 A bill to define the dollar as a fixed weight of […]
Why Gold Standard is Not Conducive of Boom-Bust Cycles?
WHY GOLD STANDARD IS NOT CONDUCIVE OF BOOM-BUST CYCLES? According to some commentators on the gold standard, an increase in the supply of gold generates similar distortions that money out of “thin air” does. Let us start with a barter economy. John the miner produces ten ounces of gold. The reason why he mines gold […]
The Dollar Dilemma: Where to From Here?
The Dollar Dilemma: Where to From Here? Introduction: Where We Are It’s a fallacy to believe the US has a free market economy. The economy is run by a conglomerate of individuals and special interests, in and out of government, including the Deep State, which controls central economic planning. Rigging the economy is required to […]