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Using SWIFT for Economic Warfare Could Come at a Heavy Cost

Using SWIFT for Economic Warfare Could Come at a Heavy Cost

by Mike Maharrey | Feb 28, 2022 | Federal Reserve, Foreign Policy

The government of the United States has intervened militarily in other countries for decades, against the counsel of founders like George Washington who advised America should “observe good faith and justice towards all nations; cultivate peace and harmony with all.”...
Fed Shifts Inflation Policy to Steal More of Your Wealth

Fed Shifts Inflation Policy to Steal More of Your Wealth

by Mike Maharrey | Aug 31, 2020 | Federal Reserve

The Federal Reserve has doubled down on its policy of devaluing your money. During a speech in Jackson Hole last week, Federal Reserve Chairman Jerome Powell announced a shift in the central bank’s inflation policy. In the past, the central bank has targeted a 2...
U.S. Federal Reserve Notes: “Money” Backed By Nothing

U.S. Federal Reserve Notes: “Money” Backed By Nothing

by Mike Maharrey | Nov 18, 2019 | Federal Reserve

At one time, the U.S. monetary system was backed by gold. Now it’s not backed by anything. But most Americans don’t realize this. In fact, nearly a third of respondents to a recent survey believe the U.S. dollar is still backed by gold. Only 7 percent of...
SWIFT and the Weaponization of the U.S. Dollar

SWIFT and the Weaponization of the U.S. Dollar

by Mike Maharrey | Oct 12, 2018 | Federal Power, Federal Reserve, Foreign Policy

The government of the United States has intervened militarily in other countries for decades, against the council of founders like George Washington who advised America should “observe good faith and justice towards all nations; cultivate peace and harmony with...
Why the Dollar Remains the World’s Reserve Currency

Why the Dollar Remains the World’s Reserve Currency

by Tenth Amendment | Nov 20, 2016 | Federal Reserve

by Emile Woolf, Mises Institute America came into the Second World War two years after it started, but before that it sold large quantities of American goods to the Allied forces: weapons, war materials, ships, and so on. The bills for all these products and...
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