The Failure of the Federal Reserve: The Covid Boom and Unnecessary Intervention
After years of inflationary intervention, the Federal Reserve has no more rabbits to pull out of the hat.
After years of inflationary intervention, the Federal Reserve has no more rabbits to pull out of the hat.
Mark takes a look at the good news on price inflation and why it is better than reported, but probably short-lived.
Robert Mugabe, once president for life of Zimbabwe, became infamous for hyperinflation and political repression. Today, he is becoming the patron saint of central banking.
A generation ago, the Berlin Wall fell and the USSR collapsed. Today, US monetary authorities are bringing down our own country.
While Elizabeth Warren and others are waving the bloody shirt for more bank regulation, the problem is that bank regulations themselves are creating financial instability.
While progressives are claiming the collapse of Silicon Valley Bank was due to poor regulation, the real problem is the easy money policy of the Fed.
Mark is not fooling around today. He looks at gold and its price as indicators of what governments are really up to.
Political money is unsound money, and while civilization cannot exist without sound money, it can do without predatory government.
Robert Mugabe, once president for life of Zimbabwe, became infamous for hyperinflation and political repression. Today, he is becoming the patron saint of central banking.