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Olduvai III: Catacylsm
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A Trend Worth Considering – The Price of Gold Since 1971

A Trend Worth Considering – The Price of Gold Since 1971 As we approach the end of 2019, gold is on track for a healthy yearly gain. To date, the yellow metal is up over 16% on the year. It’s always interesting talking about gains in the price of gold because when you get down to it, […]

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Peak Irony: Fed Paper Admits Fed Policy Can Lead to Economic Ruin

Peak Irony: Fed Paper Admits Fed Policy Can Lead to Economic Ruin A paper  by Scott A. Wolla and Kaitlyn Frerking for the Federal Reserve Bank of St. Louis warns that the Fed’s own policy could lead to “economic ruin.” The paper titled “Making Sense of National Debt” explains the pros and cons of national […]

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How the Fed Wrecks the Economy Over and Over Again

How the Fed Wrecks the Economy Over and Over Again When people talk about the economy, they generally focus on government policies such as taxation and regulation. For instance, Republicans credit President Trump’s tax cuts for the seemingly booming economy and surging stock markets. Meanwhile, Democrats blame “deregulation” for the 2008 financial crisis. While government […]

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Trump Administration on Track for $1 Trillion Budget Deficit This Year

Trump Administration on Track for $1 Trillion Budget Deficit This Year The Trump administration is on track to post a 2019 fiscal year budget deficit of over $1 trillion. These are the kind of budget deficits we would expect to see during a deep recession, not an “economic boom.” The government got off to a […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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