U.S. Economy

Contrary to the government's line that "inflation hurts everyone," inflation really is a wealth transfer from those without political power to the politically connected.

Compared to how most other people in the world live, Americans have a high standard of living. And despite the talk about inequality, there is more economic and social mobility here than anyplace else.

We should not just be concerned about problems in the American banking system, but also about the proliferation of Eurodollars.

As the economy slowly deteriorates, consumer debt rises. In the meantime, the Fed is pushing up interest rates to deal with the inflation it caused. This does not end well.

While many economists claim that high overall debt levels can lead to economic recessions, irresponsible government spending and money expansion are the real culprits.

The call for "price stabilization" was part of the recent Republican debate. Despite its attractive appearance, having the Fed try to "stabilize prices" is a very bad idea.

Mark suggests that you prepare yourself for big negative surprises in the economy and additional government power grabs.

There are no more rabbits for the Fed monetary magicians to pull out of their hats. In an economy addicted to artificially low interest rates, any more moves by the Fed will trigger an economic downturn.

Decades of low interest rates have ruined saving in the US economy, and banks are going to pay dearly for it.

In their war against free speech, progressive governments are now denying dissidents use of the banking system.