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The problem isn't that the Fed is now allowing rates to rise. The problem is that the Fed forced those rates down much too far for much too long.
The FedInflationMonetary PolicyU.S. HistoryWorld History
A generation ago, the Berlin Wall fell and the USSR collapsed. Today, US monetary authorities are bringing down our own country.
Money and Banks
April 5 is the 90th anniversary of Roosevelt's order outlawing private ownership of gold in America. This was part of an even larger plan to revolutionize the American monetary system.
Bureaucracy and RegulationPoliticsU.S. History
San Francisco, as well as the government of California, is calling for millions in "reparations" for black people in that state. Reparations, unfortunately, are fast becoming another anti-property-owner racket.
Because of inflation and a lack of a savings ethic, Americans are less prepared for retirement than ever. The numbers are discouraging.
Money and BanksU.S. History
As sales and price growth slow, the real estate industry is betting everything on a return to easy money. In 2023, it's become the very foundation of their "market."
Cronyism and CorporatismFree MarketsPoliticsProtectionism and Free Trade
President Biden's call for more protectionism isn't aimed improving the US economy. Instead, it is about creating a war-footing autarky.
Thanks to copyright laws, the estate of Roald Dahl can not only rewrite his books, but can also essentially outlaw the old versions. Only books in the public domain are safe from this.