U.S. Economy

The two-percent price inflation target is just a political slogan, and the Fed has many ways of ignoring its supposed two-percent target.

While the US dollar is the world's “reserve” currency—at least for now—the reckless spending and money creation policies of the US government place the dollar in peril. 

Keith Weinhold interviews Tom DiLorenzo on the Get Rich Education podcast.

Sound money advocates are today hailing their hard-fought victory today as New Jersey’s Senate Bill 721 was signed into law—thereby removing sales taxes on purchases of gold, silver, and other precious metals above $1,000.

Many “mainstream” economists are bothered by the popularity of economically-flawed policy proposals like tariffs and price controls. It’s their own fault.

The hatred and disparagement of gold as money and the gold standard has become standard dogma of the modern State.

Watching the Federal Reserve's inflationary “strategy” of enacting repeated “stimulus” and creating asset bubbles, one is reminded of the “Cargo Cult” in the South Pacific after the end of World War II. 

Mainstream economists speak of GDP as though it is the economy itself, however, GDP is not a good measure of economic reality. Instead, it presents a distorted picture of genuine economic activity and leads to mistaken conclusions about the economy.

The Fed is desperate for you to think that "this time is different." Unfortunately, Powell can't seem to come up with an explanation of why that is the case.

The Fed’s specialty is propaganda through data, with a long record of failure. This is by design. Their communication tools must work in overtime, particularly in the face of a decision like this, to avoid “spooking markets”, though this veneer is easy to see through.