A Brief Note on a Historic Proposal by Argentine President, Javier Milei

The President of the Argentine Republic, Javier Milei, has stated that he is going to present a legislative proposal to declare it an imprescriptible crime for the state and the central bank to monetize the public deficit and create inflation. Consequently, heads of state and of the government, ministers, central bank officials, and representatives who, in one way or another, decide, promote, or participate in the creation of money and the inflationary financing of the public deficit will be tried and sentenced as criminals.

Happy New Year: A Toast to 50 Years of Legalized Gold

Gold enthusiasts can celebrate a golden anniversary on New Year’s Eve and simultaneously mark a market manipulation milestone. Fifty years ago, President Gerald R. Ford legalized private gold ownership, allowing Americans once again to stack the regal metal as a wealth-preserving asset and safe haven against monetary inflation and dollar depreciation. Gold futures trading and market meddling also began in the United States a half-century ago.

Last Day to Give in 2024!

If there’s one thing the mainstream hates, it’s for you to learn anything that goes against the official version of history:

  • World War II spending ended the Great Depression.
  • The US was founded as a democracy.
  • Three of our best presidents were Abraham Lincoln, Woodrow Wilson, and Franklin D. Roosevelt.

This narrative is a tool they use to maintain control, but it collapses if citizens dare to think for themselves.

Is the Market Economy Inherently Unstable, Or Is Government the Culprit?

Following in the footsteps of John Maynard Keynes, most economists hold that one cannot have complete trust in a market economy, which is seen as inherently unstable. If left free, the market economy could lead to self-destruction. Hence, there is the need for the government and central bank to manage the economy. Successful management, in the Keynesian framework, is done by influencing overall spending.

Under Trump, Expect No Change to the Monetary Status Quo

A guilty verdict by US voters last November on inflation mongers will have no follow-through in terms of monetary regime change. Problem: the verdict was not delivered in sharp and comprehensive form. Instead, communication was largely via exit polls and other such surveys. The propagandists of the present monetary regime have been able to manipulate this messaging to the advantage of themselves and their clients. 

Regulate and Pretend

Donald Trump’s pickapalooza continues at Mar-a-lago with potential bank regulators being asked if the current deposit insurer and bank regulator (FDIC) can be folded into the Treasury department. The WSJ’s  Gina Heeb writes, “Trump advisers and potential nominees have also discussed plans to either combine or otherwise restructure the main federal bank regulators: the FDIC, OCC and the Federal Reserve, the people said.”