Federal Reserve
Will the U.S. Currency Regime Fall Next?
Afghanistan has fallen. The U.S. government’s nearly two-decade-long, multi-trillion-dollar “nation-building” effort in the troubled, tribal country may now have nothing to show for itself. “President Joe Biden and other top U.S. officials have been stunned by the...
A Dark Side of Inflation
When the Federal Reserve inflates the money supply, the resulting debasement of people’s money is reflected in the higher prices that people are paying for things they need or want. Already, everyone is seeing, for example, significantly higher prices for gasoline at...
How the National Bank Destroyed the Limits of Constitution
The Federal Reserve is the engine that drives the biggest, most powerful government in the history of the world. We can trace the origins of this modern central bank back to the creation of the First Bank of the United States, even before ratification of the Bill of...
Was This the Biggest Political Flip-Flop Ever?
I don’t think anybody is surprised when politicians flip-flop. George H.W. Bush with his “no new taxes” pledge provides a great modern example. But Alexander Hamilton arguably gave us the most damaging, if not the biggest, flip-flop ever when he did a complete 180 on...