The Bankruptcy Parade Continues: U.S. Cities and Towns
Unlike the federal government, local entities cannot print their own money and they are subject to economic boom and bust cycles.
Unlike the federal government, local entities cannot print their own money and they are subject to economic boom and bust cycles.
The Fed for many years has manipulated the money supply in order to attempt to keep interest rates below market levels. At some point, however, the market prevails in one way or another.
Most Americans have no idea of the damage that the Federal Reserve system has done to their daily lives. Unfortunately, most Americans are not particularly interested in finding out either.
The current trend in money-supply growth is a big turnaround from the many months of depression-level contractions we saw in 2022 and 2023.
Following the release of today’s jobs report, it seems serious cracks are now appearing in the media's narrative on our "strong" economy.
By appealing to tariffs and other forms of economic regulation, Republicans have tossed aside any commitment to free market economics. Unfortunately, their program will lead to more economic stagnation, inflation, and runaway government spending.
Luke Gromen told Dale Pinkert on the Forex Analytics F.A.C.E.
On this episode of Radio Rothbard, Ryan and Tho are joined by friend of the show, Peter St. Onge.
The problem for most Americans is that it is increasingly difficult to make ends meet despite record government spending, or because of its negative impact on inflation and taxes.
Alexander Hamilton hated decentralization, and wanted a strong central government, high taxes, and a central bank. Hamilton's legacy today dominates in Washington, DC.