Nixon’s 1971 decision didn’t just close a gold window—it opened the door to a fiat future of perpetual inflation, asset bubbles, moral hazard, and chronic economic dysfunction.
Category:
World News
Post Content
President Trump’s attempts to remake federal agencies has generated fierce opposition from progressives, who believe that government led by experts can solve most of our problems. Reality tells us something different.
When most people speak of the founders of the United States, Thomas Paine rarely comes to mind. However, few men were more influential in rallying the American colonials to independence.
Conservatives increasingly oppose the socialist State of Israel, and want out of the US’s pro-Israel wars. The old guard is very mad about this.
Profits and losses play an important role in a free market system. However, as government intervenes to protect politically-connected firms from losses, the entire market becomes distorted and less reliable.
Cook allegedly committed mortgage fraud, but the prosecution is really part of an effort to put more Trump personnel on the Fed Board of Governors.
This does not bode well for new potential workers entering the labor force. Remarkably, things look especially bad for recent college graduates.
Trump claimed he could single-handedly raise taxes (tariffs) under the International Emergency Economic Powers Act. The appeals court disagreed.
Post Content