U.S. Economy

Even if peace breaks out tomorrow, the economic damage is done.

The best guarantee of jobs in the industry isn’t subsidies for the losers, but the prospect of profits for the winners.

The system does not break all at once; it wears down slowly, through a steady loss of purchasing power that households are already beginning to feel.

The aggregate net worth of all Americans is $170 trillion. Total government liabilities (on and off the books) are $160 trillion. Rick Rule: "I just don't understand how that great big large number goes away." Neither does the Fed.

Ryan McMaken, Jonathan Newman, and Joshua Mawhorter of the Mises Institute take a look at the politics of "fedspeak" and what officials at the Federal Reserve really mean when they say they're going to fix the Fed.

Mark Thornton argues we’re on the on-ramp to hyperinflation, and that the “gold didn’t spike on war” story misses the real driver: Fed policy, oil-driven CPI optics, and the coming scramble for liquidity.

A third of all dollars in existence were created since 2020. The money supply just hit a 44-month growth high. The Fed calls this "restrictive." Ryan McMaken calls it something else.

War in the Persian Gulf doesn’t just mean pricier gas. It can snap hidden supply chains that keep modern life running, from fertilizer and copper to plumbing repairs.

Kaneki Kojo interviews Mark Thornton on the link between government policies and the rising cost of living.

President Trump’s erratic actions have created uncertainty in the gold markets, and just about everywhere else, and there is no end in sight.