The governmental response to the covid pandemic was to cripple the economy. To compensate for the damage, the Federal Reserve unleashed massive inflation in an attempt to do what the Fed always does in a crisis: bail out the economic actors.
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“I see that you are preparing the groundwork for supporting Nixon,” Rothbard wrote Meyer. “Again, for shame! Is this what conservative principles are coming down to…?”
The governmental response to the covid pandemic was to cripple the economy. To compensate for the damage, the Federal Reserve unleashed massive inflation in an attempt to do what the Fed always does in a crisis: bail out the economic actors.
There have been four gold busts under the fiat dollar money regimes since the “freeing” of the gold price in March 1968. Will the current gold boom end in a similar bust?
The people of Iran suffer not only from authoritarian rule, but they also are victims of an economy in which the authoritarian rulers engage in central economic planning that is destroying the economy. It’s an economy based upon plunder, not production.
Bankers will be bankers, and AI can only add to their hubris.
“I see that you are preparing the groundwork for supporting Nixon,” Rothbard wrote Meyer. “Again, for shame! Is this what conservative principles are coming down to…?”
The US Constitution as originally written and understood no longer exists. The first wave of “progressives” reinterpreted it to their liking before later generations of progressives finished the job.
Ridiculously, Treasury Sec Bessent said in a television interview earlier this month that the peso was “undervalued” and he intended to “buy low and sell high.”
While Murray Rothbard opposed the communist system, he also recognized that Cuba was no threat to the US militarily or economically. That is why he believed the US must recognize Cuba’s government and permit trade and travel between the two countries.
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