“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.”
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...
Franklin D. Roosevelt’s gold confiscation order in 1933 attempted to remove most gold from private hands. But due to widespread noncompliance, it ultimately failed to accomplish that goal. Nevertheless, the order and the acts that followed still wreaked havoc on...
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...
The Federal Reserve is the engine that drives the biggest government in history. Without the central bank’s machinations, the U.S. government wouldn’t be able to borrow and spend to the extent that it does. Congress wouldn’t be able to sustain...