Federal Reserve


The Black Horse of the Apocalypse

By Bionic Mosquito Bionic Mosquito September 12, 2016   The Black Horse of the Apocalypse       Revelation 6:5 When the Lamb opened the third seal, I heard the third living creature say, “Come!” I looked, and there before me was a black horse! Its rider was holding a pair of scales in his […]

The Black Horse of the Apocalypse

The Next Recession Looms Large

Big Policies, Bigger Failures

By Peter Schiff Euro Pacific Capital August 19, 2016   Big Policies, Bigger Failures   Economics is far simpler than most in academics or government would have you believe. To make accurate predictions all you really need is an honest appreciation of the self-interest that is at the heart of free market transactions and an […]


Inflation: It’s a Wealth Redistribution Scheme

By Russell Lamberti Mises.org August 19, 2016   Inflation: It’s a Wealth Redistribution Scheme   Many central banks around the world aim to achieve some “inflation target” either as a single explicit policy goal — as in the case of the South African Reserve Bank — or part of a set of policy goals as […]

Inflation: It’s a Wealth Redistribution Scheme

NPR Bans Feedback Comments, Removes Reality

NPR Bans Feedback Comments, Removes Reality

By Daily Bell Staff The Daily Bell August 18, 2016   NPR Bans Feedback Comments, Removes Reality     NPR is killing off comments. That’s great news! … NPR made a big announcement Wednesday: It is ending its users’ ability to offer comments at the bottom of each story posted on its site.  “We’ve reached […]


Today in History: President Nixon Closes the Gold Window

By Paul-Martin Foss Carl Menger Center August 15, 2016   Today in History: President Nixon Closes the Gold Window       45 years ago today, on August 15, 1971, President Richard Nixon officially closed the gold window. While US citizens had been forbidden from owning gold or from redeeming their gold certificates for gold […]

Today in History: President Nixon Closes the Gold Window

Dr. Paul Craig Roberts

How Long Can Economic Reality Be Ignored?

By Dr. Paul Craig Roberts Paul Craig Roberts.org August 10, 2016   How Long Can Economic Reality Be Ignored?   Trump and Hitlery have come out with the obligatory “economic plans.” Neither them nor their advisors, have any idea about what really needs to be done, but this is of no concern to the media. […]


The Economist says the political divide is between “globalists” and “anti-globalists”, no it’s the political class versus everyone else

By Nick Sorrentino Against Crony Capitalism July 31, 2016   The Economist says the political divide is between “globalists” and “anti-globalists”, no it’s the political class versus everyone else     In the attached article The Economist frets that the trend toward “globalism” (their word) is in jeopardy. And what the magazine or “newspaper” calls globalism […]

The Economist says the political divide is between “globalists” and “anti-globalists”, no it’s the political class versus everyone else

The Next Recession Looms Large

Speak Loudly and Carry No Stick

By Peter Schiff Euro Pacific Capital July 28, 2016   Theodore Roosevelt’s famous mantra “speak softly and carry a big stick” suggested that the United States should seek to avoid creating controversies and expectations through loose or rash pronouncements, but be prepared to act decisively, with the most powerful weaponry, when the time came. More […]


Federal Reserve Holds Yet Again

By Paul-Martin Foss Carl Menger Center July 28, 2016   Federal Reserve Holds Yet Again   (Image courtesy of NCinDC/Flickr,CC)   Unsurprisingly, the Federal Open Market Committee (FOMC) decided today once again to hold the target federal funds rate at 1/4 to 1/2 percent. Kansas City Fed President Esther George was the sole dissenting vote […]

Fed Holds Rates Steady: Setting Up for December Hike?

Ron Paul

The Path to Fed-Exit

By Ron Paul Ron Paul Institute July 25, 2016   I recently proposed that the liberty movement capitalize on Brexit with “Fed-exit”: a campaign to “secede” from the Federal Reserve. Fed-exit could be accomplished with a few simple policy changes. Passing Audit the Fed is a good first step toward Fed-exit. Contrary to the Federal Reserve’s […]


An Open Letter to Donald Trump on Economic Policy

LewRockwell.com July 18, 2016   An Open Letter to Donald Trump on Economic Policy   We the undersigned urge you, the presumptive Republican nominee for President, to support a rebirth of free-market capitalism in the U.S. You have said repeatedly that you want to make American great again. We agree with you. And we assert […]

An Open Letter to Donald Trump on Economic Policy

Ron Paul

Don’t Reform the Fed, Fed-Exit! 1

By Ron Paul Ron Paul Institute July 18, 2016   Opponents of a central bank should take advantage of the post-Brexit vote revival of secessionist sentiments to promote a secession from central banking, or “Fed-exit.” Ending the Federal Reserve’s monopoly on money is the key to restoring and maintaining our liberty and prosperity. By manipulating […]


Helicopter Money: The Biggest Fed Power Grab Yet

By David Stockman Mises.org July 17, 2016   The Cleveland Fed’s Loretta Mester is a clueless apparatchik and Fed lifer, who joined the system in 1985 fresh out of Barnard and Princeton and has imbibed in its Keynesian groupthink and institutional arrogance ever since. So it’s not surprising that she was out flogging — albeit down under in Australia — the next step […]

Helicopter Money: The Biggest Fed Power Grab Yet