The Dollar Crisis of 1861–1865: Greenbacks, Gold, and Confederate Dollars
Sponsored by Scott and Cathy Ullery.
Sponsored by Scott and Cathy Ullery.
Modern prosperity is astonishing, but it can quickly disappear if our monetary unit fails. We need to keep up the fight for sound money.
Sponsored by Michael and Lisa Keller.
Sponsored by Dan Johnson and Randee Laskewitz.
No matter the situation, bank CEOs believe that the Big Score is just around the corner. Then reality hits.
Paper money transforms governments from parasites to predators. Once a government can print what it likes, it no longer needs taxes.
Those who defend the science fiction fallacy of MMT say that if the government cuts the deficit, then the world will run out of US dollars and there will be a global monetary meltdown. This is so ludicrous that it should not even have to be discussed.
If we read between the lines, it is apparent that the Fed is hoping that price inflation will fall to politically acceptable levels without any additional tightening, and without a recession. But "hope" is all the Fed has.