The Next Recession Looms Large
by Peter Schiff, Euro Pacific Capital Currently economists and market watchers roughly fall into two camps: Those who believe that the Federal Reserve must begin raising interest rates now so that it will have enough rate cutting firepower to fight the next recession,...
Speak Loudly And Carry No Stick?
by Peter Schiff, Euro Pacific Capital Theodore Roosevelt’s famous mantra “speak softly and carry a big stick” suggested that the United States should seek to avoid creating controversies and expectations through loose or rash pronouncements, but be prepared to act...
How Fiat Money Fuels Government Spending
Sound money advocates are often hit with the charge of being “doom and gloomers.” Yes, we do warn that unsound monetary policies enable unsustainable fiscal commitments, which will lead eventually to a currency crisis. Sound money advocates are also often portrayed as...
Which States Rely Most on Federal Spending?
By Ryan McMaken, Mises.org Last month, we looked at military spending by state, and how some states — South Carolina and Virginia, for example — have military spending as a major component of their local economies. Proposing cuts to government spending via military...
