“The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.”
Gresham’s Law is an economic maxim that states “good money” drives out “bad money.” But under the right circumstances, it might be possible to reverse Gresham and do the opposite. Named in 1857 by economist Henry Dunning Macleod after Sir Thomas Gresham, an English...
The newly released 2025 Sound Money Index has identified Wyoming, South Dakota, and Alaska as the states with the most favorable policies toward constitutional sound money, while Vermont, Maine, and California take the most hostile stances. Released annually by...
The government wants your money. It will beg, steal or borrow if necessary, but it wants your money any way it can get it. The government’s schemes to swindle, cheat, scam, and generally defraud taxpayers of their hard-earned dollars have run the gamut from wasteful...
“The evils of paper money have no end” That’s how Thomas Paine put it, but he was far from alone. The Founding Fathers were deeply worried about the dangers of paper money, because they lived them first hand. They repeatedly warned us about how it would give us price...
One of the ways the government maintains its fiat money system is by throwing up legal and regulatory roadblocks to those wanting to use real money. Bringing back gold clause contracts removes one of those barriers. The principle behind a gold clause contract is...
With its monopoly on money, the Federal Reserve is the engine that drives the biggest, most powerful government in the history of the world. But it’s not going to end itself. And Congress almost certainly won’t ever get rid of its money printer. That’s why it’s...