U.S. Economy

The standard Keynesian line is that increases in consumer spending always are good for a nation's economy. Yet, there is much more to economic growth than simple spending.

More than two decades ago, the Federal Reserve joined with the federal government to make housing more affordable. The first housing bubble popped in 2008, and a second bubble is on its way to bursting.

Alexander Hamilton hated decentralization, and wanted a strong central government, high taxes, and a central bank. Hamilton's legacy today dominates in Washington, DC.

Elites portray CBDC currency as a helpful high-tech alternative to cash and current electronic money. But CBDCs are really little more than a tool for total state control of the economy. 

Tom DiLorenzo appears The Schilling Show.

Tom DiLorenzo appears the Alan Nathan Show.

Tom DiLorenzo appears on WILKOW! with Andrew Wilkow to discuss Austrian Economics and the Federal Reserve.

While President Biden’s inflationary economy continues to falter, the president proposes to outlaw bank overdraft fees, ostensibly to help lower-income Americans. Bank fees, however, are not the biggest threat consumers face; inflation and intervention are the real threats.

The American people have the great pleasure of electing either Joe Biden or Donald Trump as president this year.

For this week’s episode, I wanted to find something familiar in the form of a “saying” to try and convey my thoughts about the economy as it stands