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Founders’ Foresight: The Perils of Perpetual Debt

Founders’ Foresight: The Perils of Perpetual Debt

by Michael Boldin | Jul 31, 2024 | Economy, Federal Funding, Founding Principles

“A public debt is a public curse.” That’s how James Madison put it, and he was right. Today, America is absolutely drowning in debt – and teetering on the brink. We’ve just hit a new, previously unthinkable milestone: a national debt of $36 trillion...
Thomas Jefferson’s Warnings and Predictions about the Dangers of Money-Printing

Thomas Jefferson’s Warnings and Predictions about the Dangers of Money-Printing

by Mike Maharrey | Apr 18, 2024 | Federal Reserve, History, Thomas Jefferson

Thomas Jefferson’s chilling warnings about unchecked fiat, paper money proved prophetic as the U.S. plunged into its first boom-bust economic crisis in the early 19th century.  In an 1814 letter to Thomas Cooper, Jefferson wrote, “Every thing predicted by the...
Limited or Absolute Power: Warnings from Anti-Federalist Agrippa

Limited or Absolute Power: Warnings from Anti-Federalist Agrippa

by TJ Martinell | Apr 17, 2024 | AntiFederalists, Ratification Debates

The Anti-Federalist writer Agrippa powerfully expressed many of the same reservations about the Constitution as other opponents – that it would create a consolidated government leading to a loss of liberty. But unlike most others, Agrippa was also concerned with...
Federal Reserve Responsibility for Consumer and Government Debt Crises

Federal Reserve Responsibility for Consumer and Government Debt Crises

by Ron Paul | Mar 16, 2024 | Economy, Federal Reserve

According to the Federal Reserve, credit card delinquencies increased by 50 percent in 2023, while consumer debt grew to 17.5 trillion dollars. A recent survey by Clever Real Estate found that three in five Americans have credit card debt and that 23 percent of...
Fiscal 2023 Federal Budget Deficit Third-Largest Ever

Fiscal 2023 Federal Budget Deficit Third-Largest Ever

by Mike Maharrey | Oct 28, 2023 | Current Events, Economy

It takes a lot of money to run the biggest government in the history of the world. The federal government ran a $1.695 trillion budget deficit in fiscal 2023. It was the third-largest deficit in U.S. history. The only time the feds ran bigger deficits was during the...
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