Central banks now hold more gold than US Treasuries for the first time in 30 years
For the first time since 1996, central banks’ foreign exchange holdings hold more gold than US Treasuries.
For the first time since 1996, central banks’ foreign exchange holdings hold more gold than US Treasuries.
Labor Day weekend used to draw a big crowd to Las Vegas. Now, not so much. The Vegas downturn is well documented. But, CBS News found the one guy to claim the rumor Vegas’s slowdown is greatly exaggerated. Steven Hill is Sin City’s Harold Hill, CEO of the Las Vegas Convention and Visitors Authority (LVCVA). He told CBC News.com,
Following the release of last month’s official federal jobs numbers, President Trump complained that the commissioner of the Bureau of Labor Statistics was publishing inaccurate, too-low employment numbers to make Trump look bad. So, Trump fired the commissioner. Well, it looks like that didn’t fix “the problem”—as Trump saw it—because the latest employment numbers are even worse than last month’s numbers.
Do you know what is the optimal average number of children for Russian women? Thankfully, Vladimir Putin has the answer! It’s precisely 2.1 childbirths per woman. So, snap to it all you young and able-bodied comrades!
[Liberating Liberty; Life, Liberty, the Pursuit of Happiness and the Creator of Man by Bert Schwitters (De Facto Publications, 2024; 621pp.)]
“The gold standard makes the determination of a nation’s currency policy independent of the changing ideas of politicians and political parties.”—Ludwig von Mises
Within libertarian and conservative vocabulary, a common term is used (usually negatively) to describe modern governments’ interference in or interruption of voluntary, cooperative social interaction or its counterproductive and costly foreign meddling—intervention. Many libertarians and conservatives—when it comes to political elites and government policies, and their interference with the free market or international relations—often prefer a default policy of non-interventionism. Is there a way that these two opposite could be coercively combined?
The employment situation in the United States continues to worsen as new layoffs mount and hiring continues to slow.
According to today’s JOLTS report from the Bureau of Labor Statistics, job openings fell to the lowest level since December of 2020, and there are now more unemployed people in the United States than there are job openings. This last occurred during March of 2021:
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.