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Money and BanksU.S. EconomyWar and Foreign Policy
By itself, the end of the petrodollar won't destroy the dollar. But it will continue a trend that weakens both the dollar and the US regime's power.
The FedU.S. Economy
What happens to a society when spending is encouraged and saving is for chumps? Its signals become mixed up.
Booms and BustsCorporate WelfareCronyism and CorporatismInterventionism
The empty shopping mall: a story of how government actions created a huge malinvestment in western Pennsylvania.
These days, the Fed and Chairman Jerome Powell are claiming the title of "inflation fighters." The more appropriate moniker should be "inflationists."
InflationMonetary PolicyMonetary Theory
As Murray Rothbard wrote, inflation is not an increase in prices. It is, instead, an increase in the supply of money in circulation. The distinction is important.
How do societies determine who their heroes are? We know that often those seen as heroes actually made a country worse off.
The FedMoney and BanksGold StandardMonetary Theory
Monetary authorities have come up with numerous clever ways of measuring money. However, they are unable even to define money, much less measure it.
Media and CultureProgressivism
Progressives like to claim that "America" has a "gun violence problem." However, the "gun violence problem" happens to exist in places where progressives dominate the government.