U.S. Economy

Ryan McMaken and economist Jonathan Newman look at the government's alleged $750 billion gold reserve, how it got there, and why it's time to privatize the gold.

As Elon Musk and his crew scour the federal government to see what needs to be culled from the herd, there is an obvious agency that cries out for elimination: the Federal Reserve System.

President Trump has promised “billions and billions” of dollars in new revenue from his tariffs not to mention economic rejuvenation. The odds are not in his favor, to put it mildly.

President Trump has indicated that a recession could be coming and the pundits are playing the blame game. Don‘t look to anyone in Washington for a coherent explanation for the downturn, however. Look to the Austrians instead.

President Trump has indicated that a recession could be coming and the pundits are playing the blame game. Don‘t look to anyone in Washington for a coherent explanation for the downturn, however. Look to the Austrians instead.

Does the US government need a gold reserve? No, it doesn't. The government's gold is basically an emergency slush fund for elites to use to preserve their political power.

Is "extractive" always a dirty word? While mining and energy fuel civilization, modern environmentalism has reshaped public perception—and the economy. What happens when ideology clashes with reality?

Should we audit the US gold hoard? First, let's take a look at what the official numbers say about how big the US gold reserve is, where it is located, and how much it is worth in US dollars.

The implementation of Central Bank Digital Currencies isn‘t just about money. It also is about personal freedom and how CBDCs give the government enormous powers over individuals.

Can Donald Trump and Elon Musk actually change the direction of government growth and spending? The proverbial Overton Window does not stay open very long.