Has the Fed Let the Inflation Genie Out of the Bottle?
The dramatic ascent of precious metals markets this summer reflects what could be just the start of a longer-term decline and fall in the Federal Reserve note’s value and status. With gold prices surpassing $2,000 per ounce recently, the monetary metal has now...
With “Heroes” Like This, Who Needs Villains?
According to Owen Ullmann in an op-ed published by USA Today, there are some unsung “heroes” in the battle against the coronavirus pandemic – the brave and courageous bankers at the Federal Reserve. I think Ulmann misspelled “villains.” Ulmann writes that the Fed “has...
Fed Paper Admits Federal Reserve Policies Can Lead to “Economic Ruin”
The national debt crossed the $23 trillion mark in November. When you include unfunded liabilities in the equation, the real debt number comes in at over $126 trillion. But even when confronted with this staggering number, most people just shrug. America has been...