The phenomenon of currency devaluation and its consequences is a process that not only occurred in modern times, but has much deeper roots, going back to antiquity.

With inflation at a forty-year high, it is the topic on everyone’s mind. US core inflation has reached 7.5 percent year over year, and the prices of certain goods, such as used cars and steak, are up as much as 50 percent over the past year. This is a major threat to the current administration, with a recent poll showing that 70 percent of Americans disapprove of Joe Biden’s handling of inflation.

“Buy into a business that’s doing so well an idiot could run it, because sooner or later, one will.”
—Warren Buffett

In the past month, Western nations have allied to wage an economic and technological war against the Russian government and key Russian institutions.

By now it should become obvious to observers that the decision to cancel historical figures in the West is driven by anti-white animus. The legacies of historical figures like Christopher Columbus and Thomas Jefferson can’t be discussed without activists arguing that they were problematic characters. Such figures are not judged as products of their time but rather as villains who are unworthy of forgiveness. Neither are we allowed to appreciate the achievements of personalities tainted as villains by woke activists.

The Fed has finally raised its benchmark interest rate in order to fight (price) inflation.

If this strategy makes sense, it’s reasonable to ask: Are low interest rates the cause of currency debasement?

Some US policymakers and pundits are declaring that Russia—and its population—are cut off from the rest of the world.