“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.”
Gresham’s Law is an economic maxim that states “good money” drives out “bad money.” But under the right circumstances, it might be possible to reverse Gresham and do the opposite. Named in 1857 by economist Henry Dunning Macleod after Sir Thomas Gresham, an English...
The newly released 2025 Sound Money Index has identified Wyoming, South Dakota, and Alaska as the states with the most favorable policies toward constitutional sound money, while Vermont, Maine, and California take the most hostile stances. Released annually by...
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...
“End the Fed” is a popular slogan among supporters of sound money, but it’s almost certain that Congress will never shut down its own money printer. So, as the Founders repeatedly advised, it’s up to the people of the states to get the job done. Since 2011, people in...