Can the Dollar Once Again Be Anchored by Gold? One Congressman Believes It Can
The Gold Standard Restoration Act seeks to once again tie the US dollar to gold.
The Gold Standard Restoration Act seeks to once again tie the US dollar to gold.
The Gold Standard Restoration Act seeks to once again tie the US dollar to gold.
Bob and Jeff discuss the nauseating elevation of former Fed Chair Ben Bernanke to Nobel Prize winner.
Recorded at the Arizona Biltmore Hotel in Phoenix, Arizona on October 6th, 2022.
Hyperinflation? Yes, it can happen here, and the more officials deny hyperinflation is possible, the more they create the conditions that causes it.
Standard neoclassical definitions of money call it a means of exchange and a store of value. But is this correct?
Toby Baxendale joins Bob to discuss the tools central banks and governments will use to enact "financial repression."
Anyone who has taken a Keynesian-based macroeconomics course remembers the equation of exchange: MV = PY. This equation, however, is buried in fallacious economic thinking.
The US dollar is not the world's "reserve" currency because of responsibility on behalf of the monetary authorities. Instead, the dollar's "strength" wages from the USA's self-appointed role as the world's protector.
While officials in the White House, Treasury, and the Fed give the appearance of being in control, but in truth, they cannot undo the damage they have done.