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How Governments Killed the Gold Standard

The historical embodiment of monetary freedom is the gold standard. The era of its greatest flourishing was not coincidentally the 19th century, the century in which classical liberal ideology reigned, a century of unprecedented material progress and peaceful relations between … Continue reading

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June 9, 2024: Today Marks The End Of The Petrodollar



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Little By Little, The Economy Has Declined To A Point Where Almost Everyone Is Struggling

It happened so gradually that a lot of people didn’t even realize what was happening. The cost of living just kept rising faster than paychecks were, and little by little our standard of living just kept going down. Now we … Continue reading

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The Achilles Heel of the Fiat Money System

The fiat money system will not disappear just like that. Any expectations or hopes to that end should be tempered. Yes, the fiat money system could collapse; yet there is a significant likelihood it will persist longer than most people … Continue reading

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The US Consumer Is CRACKING

The Fed’s war on inflation is finally trickling down to the wider economy, and the evidence is beginning to show that many Americans are feeling the pain. Today’s Bureau of Labor Statistics’ latest Job Openings and Labor Turnover Survey (JOLTS) … Continue reading

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The Power of Gold in Times of Crisis

While physical gold is a well-known safe haven asset which investors flock to in times of market turbulence as a way of protecting their wealth, gold is also the ultimate asset to own and possess in times of crisis and … Continue reading

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The Future for Fiat

The day of reckoning for unproductive credit is in sight. With G7 national finances spiraling out of control, debt traps are being sprung on all of them, with the sole exception of Germany. Malinvestments of the last fifty years are … Continue reading

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House Votes to Block Federal Reserve From Creating Own Digital Currency

The House of Representatives on Thursday voted along bipartisan lines to advance legislation blocking the Federal Reserve from creating its own central bank digital currency (CBDC). Three Democrats joined all Republicans in voting for the bill — moderate Reps. Jared … Continue reading

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Rising Inflation Under Bidenomics Strains American Households

In the current economic climate, many Americans find themselves struggling to make ends meet, as the pressures of inflation bear down on everyday living expenses. Under the Biden administration, the economic policies known as “Bidenomics” have come under scrutiny as … Continue reading

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What Could a Dollar Buy You in the 1920s?

Even though inflation is a hot topic these days, it’s been around forever. Not all prices rise at the same rate, though, so it’s fun to see what prices were like generations ago. By looking at prices from way back … Continue reading

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