Real Wages Fall, Food Service Jobs Rise as Layoffs Mount
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 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.
Understanding what turns an ordinary currency into a global reserve currency can help us understand how the dollar could go into decline and give way to competing currencies.
As governments create a housing crisis, Marxists call for policies that will make the crisis worse.
President Biden pushes a wealth tax as a measure of "fairness." Not only is it unconstitutional, but it's also bad for the economy.
The bipartisan RESTRICT Act—marketed as a "Tik Tok ban"—is properly named because it will restrict freedom, empower the state, and expand government surveillance.
Politicians like Elizabeth Warren and Alexandria Ocasio-Cortez are demanding that successful entrepreneurs be taxed into oblivion. The real parasites are the politicians who destroy wealth instead of creating it.
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.
While Elizabeth Warren and others are waving the bloody shirt for more bank regulation, the problem is that bank regulations themselves are creating financial instability.
A billion here and a billion there starts to add up to real money—we are now talking about real money when it comes to Fed losses.
Even a partial weakening of the dollar's global demand will limit the US regime's ability to throw its weight around internationally. Yet Washington is unwilling to do what's necessary to prevent it.