Everything is now political.
The obvious difference is in the money: gold-backed dollars then compared with unbacked fiat today.
"Nothing beside remains. Round the decay of that colossal wreck…"
Investors may hope that the biggest financial experiment and debt bubble in history will last another 100 years. And they can pray that the currency system which has lost 98% of its value in the last 50 years will last another half century.
Two months ago, when we observed that with 23 - all republican - states announcing at least some form of early reduction in pandemic-related unemployment insurance benefits ahead of the September expiration at the federal level...
It has been 50 years since President Nixon proclaimed that "We are all Keynesians now." The results of allowing government (via its central bank - The Federal Reserve) to create dollars out-of-thin-air have now been produced. Decade after decade we e
Let's start with the low-hanging fruit, shall we? John Locke pointed out that "Every man has a property in his own person," with Paul Skousen further adding that your body is your first piece of original property that you own. If you are to own
THERE'S A CRISIS COMING! -INFLATION BOOMS! - EXPERTS ARE GETTING OUT OF FIAT
Creative destruction plays a key role in entrepreneurship and economic development.
Everyone who devotes any attention to investing inevitably develops his own specialties, approaches, and methods. In other words a style.
Government is an area of little innovation, ripe for a market upset.
The origins of a global economy: Self-regulating market existed during the Bronze Age as weighing systems for goods spread across the world 4,000 years ago, researchers say
Decentralized Finance (DeFi) is redefining the future of finance. There is a major shift going on in the underlying infrastructure powering financial applications, and it's changing the way we think about permission and control, transparency and ri
Consumer spending in May was flat as personal income declines again.
Oddly enough, the one question that finally brought me to anarchy was: "where does money come from?"
What do we need to do to get this country back on the right track with respect to taxation, spending, and inflation?
'Big Short' Investor Michael Burry Warns of 'Mother of All Crashes' -- Says Crypto's Problem Is Leverage
Situation Update, June 23rd, 2021 - US economy getting MONKEYHAMMERED by insane policies like free universal RENT!
During the eighteenth century, capitalism in Europe "took off" in a way it had not done before, and as a result the West surpassed all other areas of the world in economic growth.
Is inflation "transitory," the result of a quickly recovering post-pandemic economy as Jerome Powell insists? Or is it a long-term phenomenon resulting from loose monetary policy that's not about to abate anytime soon? Peter Schiff recently par
Anarcho-capitalism is a system in which all governing structure of a society is organized exclusively by the free market.
We are approaching a critical turning point in the history of financial systems.
Michael "Big Short" Burry: This Is The Greatest Bubble Of All Time In All Things "By Two Orders Of Magnitude"
Large-scale unemployment is another name for a surplus in the labor market.