By Chris Calton Mises Institute June 17, 2019 Inflation: The Soviet Tool for Destroying Money In March 1919, the Communist Party headed by Vladimir Lenin stated in its newly drafted program that among the party objectives was the complete abolition of money. The State Bank of Russia would be “abolished and turned into the […]
By Martin Armstrong Armstrong Economics June 3, 2019 Global Warming – Just Follow the Money I just returned from New York City, the armpit of the world since I never saw an apple tree there yet, and I had a very interesting meeting behind the curtain. I thought I would share this subject […]
By Michael Snyder Economic Collapse Blog January 11, 2019 $3.5 Trillion A Year: America’s Health Care System Has Become One Of The World’s Largest Money Making Scams If the U.S. health care system was a country, it would have the fifth largest GDP on the entire planet. At this point only the United […]
By Nick Sorrentino Against Crony Capitalism October 22, 2018 Elon Musk’s extreme micromanagement has wasted time and money at Tesla, insiders say There is little doubt that Elon Musk is a legitimate genius. He has made millions as a crony capitalist. He has long fused the good will of government, which is happy […]
By Isaac Davis Waking Times August 15, 2018 U.S. NATIONAL DEBT NOW EQUIVALENT TO THE AMOUNT OF MONEY MISSING FROM THE TREASURY In March of 2018, the U.S. national debt topped $21 trillion dollars, and now the average debt liability for an individual taxpayer is projected to be $161,022 by 2019. This means that every […]
By Joseph T. Salerno Mises Institute July 20, 2018 Venezuela, Awash in Money but Short of Cash, Turns to Barter In 2006, Venezuela’s president Hugo Chavez declared: There is a market that can be reactivated through barter and not through currency. Let us break that curse [of capitalism]. Well, twelve years later barter is […]
By Against Crony Capitalism June 28, 2018 Georgia sheriff assigns himself $70,000 performance car bought with seized drug money This is just one of the reasons why some are more than happy to see the drug war continue. (From Fox5 Atlanta) The money comes from funds seized in federal drug cases. According […]
By Against Crony Capitalism June 1, 2018 Netflix CEO bundles money for Obama, Netflix gets net neutrality, Obamas get huge contract This headline sums things up nicely. Classic crony capitalism. But that is what Obama knows. (From The American Thinker) So now here is a summary of the Netflix-Obama relationship: Netflix CEO […]
By Justin Murray Mises Institute April 16, 2018 How the Postal Service Loses So Much Money Lately, when he isn’t trying to blame China on America’s competitiveness woes, President Donald Trump has become obsessed with the online retailer Amazon. While there’s speculationthat Trump is using the reins of government to carry out a personal grudge because Jeff Bezos, […]
By Frank Shostak Mises Institute March 26, 2018 Money Pumping Works — Until It Doesn’t According to most economic experts, when an economy falls into a recession the central bank can pull it out of the slump by means of money pumping. This way of thinking implies that money pumping can somehow grow the economy. […]
By Against Crony Capitalism November 24, 2017 Unsealed Fusion GPS Bank Records Reveal $523K Payment From Russian Money Launderer (From IBankCoin) Unsealed court documents reveal that the firm behind the salacious 34-page Trump-Russia Dossier, Fusion GPS, was paid $523,000 by a Russian businessman convicted of tax fraud and money laundering, whose lawyer, Natalia Veselnitskaya, was […]
By C.Jay Engel Mises Institute November 1, 2017 Price Inflation Is Not the Worst Part of Easy Money Policy There are many critics of the Fed’s recent money supply expansion, especially since 2008, whose chief criticism is that it will result in consumer price inflation. While proponents of the Austrian School agree that high […]
