How Unsound Money Fuels Unsound Government Spending

Sound money advocates are often hit with the charge of being “doom and gloomers.” Yes, we do warn that unsound monetary policies enable unsustainable fiscal commitments, which will lead eventually to a currency crisis. Sound money advocates are also often portrayed as party poopers. Yes, we do seek to take away the bottomless punch bowl … Read more »

Why the Federal Reserve Always “Happens” to Be Wrong

By Stefan Gleason of Money Metals Exchange “The last duty of a central banker is to tell the public the truth.” – Alan Blinder, former Federal Reserve Board Vice Chairman   The Federal Reserve Board finds itself back in a quandary of its own making. When Fed chair Janet Yellen pushed through an interest rate … Read more »

The Dethroning of Cash: Discouraged, Penalized, Even Banned?

Stock market gyrations and deteriorating global economic conditions in the early goings of 2016 sent investors fleeing for safety. Or at least what is commonly thought to be safety. Many in the financial media are now trotting out the bromide that “cash is king.” A sampling of recent headlines illustrates how pervasive the thinking is: … Read more »

Central Planners Freaking Out about Discussion of Gold’s Role

By Clint Siegner, Money Metals Exchange Growing Support for Sound Money Rankles Fed Apologists Sound money issues make for good politics these days. The leading Republican candidates have all suggested reforms to our monetary system. The topic is popping up in debates as well as interviews. Predictably, Fed worshippers and proponents of central planning everywhere … Read more »

A Path to Making Gold and Silver the Currency of the 21st Century

Several Republican presidential candidates are floating the idea of returning to some form of a gold standard in the U.S., although none have gone into any great detail. So, how might a modern gold standard work? It’s a question that requires us to do more than just look to the past with an eye toward … Read more »

From the Echoes of 1776: A Monetary Revolution Is Coming

Is America on the cusp of a revolution that will usher in a new monetary order? The lessons of history tell us that no fiat currency retains its value for long or lasts forever. And as Shakespeare noted, “what’s past is prologue.” Major episodes in monetary history often stem from political revolutions. Just as there … Read more »

During The Best Period Of Economic Growth In U.S. History There Was No Income Tax And No Federal Reserve

How would America ever survive without the central planners in the Obama administration and at the Federal Reserve?  What in the world would we do if there was no income tax and no IRS?  Could the U.S. economy possibly keep from collapsing under such circumstances?  The mainstream media would have us believe that unless we … Read more »

Inflation Is Too Low? Are You Kidding Us Bernanke?

Federal Reserve Chairman Ben Bernanke said this week that inflation in the United States needs to be higher.  Yes, he actually came right out and said that.  It almost seems as if Bernanke is trying to purposely hurt the middle class.  On Wednesday, Bernanke told the press that “both sides of our mandate are saying … Read more »

We’re Already Over the “Fiscal Cliff”

Newsflash, folks. We’re already over the so-called “Fiscal Cliff”. As of today it’s been 1,311 days since the Senate has passed a budget. Let’s take a quick refresher course on Government 101. The House originates the budget bills. Once they pass the House, they go on to the Senate. Once passed there, it goes to … Read more »

Somebody Should Start The ‘Stuff Costs Too Much’ Party

Stuff costs too much.  Seriously.  Every time I go to the grocery store these days, I am absolutely horrified by the prices.  I try not to buy anything that is not on sale, but the problem is that I am discovering that the new sale prices are the old regular prices.  So now paying what … Read more »

Where Does Money Come From?

This article was reposted with permission from The Economic Collapse. How is money created?  If you ask average people on the street this question, most of them have absolutely no idea.  This is rather odd, because we all use money constantly.  You would think that it would only be natural for all of us to … Read more »

5 New Lies That The Federal Reserve Is Telling The American People

The Federal Reserve says that everything is going to be okay.  The Fed says that unemployment is going to go down, inflation is going to remain low and economic growth is going to steadily increase.  Do you believe them this time?  As you will see later in this article, Federal Reserve Chairman Ben Bernanke has … Read more »