How the Federal Reserve Backstops the Biggest Government in History
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...
War and Big Government Go Hand-In-Hand
War and big government go hand-in-hand. James Madison warned us. “Of all the enemies to public liberty war is, perhaps, the most to be dreaded, because it comprises and develops the germ of every other.” Madison specifically notes that wars require armies,...
Small Victories for Sound Money: More States Repealing Sales Tax on Gold and Silver
Assessing a state sales tax on the purchase of gold and silver is becoming an outmoded, indeed outrageous, practice – but a small number of U.S. states still engage in it. That number is shrinking as more states repeal those onerous taxes. Several of the remaining...