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 »

The Sequester And Chicken Little

Would you like an economic lesson in government spending cuts? Try this exercise. Sit down and plan a trip to Disney World for you and your family. Make a budget of $20,000 to take this trip (never mind that you don’t have that much money to spare, just follow along with me). And then, forget … Read more »

It’s The Spending, Stupid!

For everybody yelling about the 1% not paying their “fair share” of taxes, I’ve got news for you: It’s not the taxes that are the problem; It’s the spending. Recently we heard that the Buffett Rule failed to pass the Senate 51-45. Supporters of the so-called Buffett Rule, which would set a minimum 30% federal … Read more »