Category Archives: The Mine or the Shaft

Biden Administration Moves to Forgive $4.7 Billion of Loans to Ukraine The Biden administration has moved to forgive about $4.7 billion in U.S. loans to Ukraine, State Department spokesperson Matthew Miller said on Wednesday, as outgoing officials seek to do … Continue reading →

Make Money Free Again Two days after Donald Trump became the first American since Grover Cleveland to win nonconsecutive presidential elections, the Federal Reserve announced a quarter percent cut in interest rates. Following this announcement, Fed Chairman Jerome Powell held … Continue reading →

The Fed has been the source of booms, busts, and the ongoing impoverishment of Americans since the Fed’s founding. This is why a new, critical look at the Federal Reserve is needed, and why the Mises Institute is now happy … Continue reading →

One of the main reasons why Americans are in such a foul mood right now is because the economy is in really bad shape and it just keeps getting worse. This is very good news for the Trump campaign, because … Continue reading →

March 14, 2015 ~ I was shocked today by the absolute gaul of the Fed releasing a statement about Net Worth in America reaching record levels. Now I get that they are under extreme pressure to sell the story that … Continue reading →

If you’re thinking about withdrawing $10,000 in cash from your checking account to play blackjack during your week-long trip to Las Vegas, you might want to know what happens when you do. The Bank Secrecy Act was passed by Congress … Continue reading →

The savings nest eggs that people built up during the COVID-19 pandemic are all but gone, according to new research from the JPMorgan Chase Institute. As savings dwindle, consumers are becoming more vulnerable to financial shocks, which could lead to … Continue reading →

Global money supply has soared by $20.6 trillion since 2019, according to Bloomberg. Additionally, global debt surged by over $15 trillion in 2023, reaching a new record high of $313 trillion. Around 55% of this rise came from developed economies, … Continue reading →

Debt.com’s 2024 budgeting survey of 1,000 Americans shows a mixed financial picture. While more people are budgeting and finding it beneficial to stay out of debt, the number of individuals living paycheck to paycheck has risen 10% over the past … Continue reading →

According to some “experts,” there is an urgent need to remove cash from the economy. It is held that cash provides support to the “shadow economy” and permits tax evasion. Another justification for its removal is that, in times of … Continue reading →