Category Archives : Finance

The Markets, Currency, the Transfer of Wealth and anything else that affects your wallet.


The Pentagon Overpays for Almost Everything—Massive waste, Massive crony capitalism

Source: http://www.againstcronycapitalism.org By Nick Sorrentino   The Pentagon Overpays for Almost Everything—Massive waste, Massive crony capitalism   The Department of Defense has been given a free ride pretty much since World War II. The Military Industrial Complex which President Eisenhower warned about in his farewell address (former 5 star general Eisenhower) is very real and […]

Cost Of Pentagon Purchases

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The Senate Is About to Approve a Plan to Use Pensioners Money to Fill Potholes

Source: http://www.economicpolicyjournal.com By Robert Wenzel The Senate Is About to Approve a Plan to Use Pensioners Money to Fill Potholes   The highway trust fund is the finance source that is used to fix potholes and bridges at the Federal level. It is on the brink of insolvency. Congress appears ready to “solve” the underfunding […]


Labor Unions Are Anti-Labor

Source: http://mises.org By George Reisman   Labor Unions Are Anti-Labor   Many Americans, perhaps a substantial majority, still believe that, irrespective of any problems they may have caused, labor unions are fundamentally an institution that exists in the vital elf-interest of wage earners. Indeed, many believe that it is labor unions that stand between the […]

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Robert Higgs

How War Leads to Big Government | Robert Higgs

Robert Higgs lectures on the topic of the relationship between war and big government, how wars are financed and the results of this war financing to the economy.  This lecture by Robert Higgs was archived from the live broadcast and this Mises University lecture was presented at the Mises Institute in Auburn, Alabama, on 24 […]


Memo to the Political Class: You Can’t Be a Hero and a Thief

Source: http://www.againstcronycapitalism.org Memo to the Political Class: You Can’t Be a Hero and a Thief     Washington and the Fed think they can plan out society. That they can manipulate the levers of the economy to elicit positive outcomes (mostly for them). That leaving the world to the “whims of the marketplace” is madness. […]

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He who Makes the Laws Never Goes to Jail for Breaking Them

Source: http://www.lewrockwell.com By Martin Armstrong Armstrong Economics   The Sum of our Future – He who Makes the Laws Never Goes to Jail for Breaking Them   Working for the government was always pitched as somehow being better guaranteed than risky corporations. However, he who makes the laws never goes to jail for breaking them - a […]


Gold, Silver, and the Future of the Dollar

Source: https://mises.org By Mark Thornton Gold, Silver, and the Future of the Dollar   This transcript is adapted from an interview with Mark Thornton and David Morgan at The Morgan Report. Mark Thornton is available for media interviews. Contact him here. David Morgan: Could you give us your personal assessment on the current economic landscape? […]

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Peter Schiff is the CEO and Chief Global Strategist of Euro Pacific Capital

Yellen: Where No Man Has Gone Before

Source: http://www.europac.net By Peter Schiff July 25, 2014 Yellen: Where No Man Has Gone Before   Although Fed Chairwoman Janet Yellen said nothing new in her carefully manicured semi-annual testimony to Congress last week, her performance there, taken within the context of a lengthy profile in the New Yorker (that came to press at around the same time), should […]


So Much Wrong About Inflation

Source: http://bionicmosquito.blogspot.com By Bionic Mosquito   So Much Wrong About Inflation   Austrians are more and more noticed in the mainstream. You don’t get much more mainstream than Paul Krugman; he has written a short blog post (HT EPJ) critical of Austrians and their supposedly creative use of the term “inflation.” Referencing a Noah Smith […]

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The Junk Science of Modern Macro-Economics

Source: http://bionicmosquito.blogspot.com By Bionic Mosquito   The Junk Science of Modern Macro-Economics   John Mauldin has published another almost-there Thoughts from the Frontline: GDP: A Brief But Affectionate History. I say “almost-there,” because like many of Mauldin’s pieces, he gets almost-there – almost to the truth about economics and economists – without going all the […]