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Category Archives: The Mine or the Shaft
Kamalanomics: Worst Inflation Record Since 1977
Consumer prices have soared 20.2 percent since Vice President Kamala Harris and President Joe Biden took office 42 months ago, according to the Department of Labor’s Consumer Price Index (CPI). Americans continue to feel the strain of runaway inflation. That … Continue reading
U.S. Trilogy: Debt-Based Dollar and Economy, Stablecoin Digital Currency, BRICS New World!
Over a century ago the United States Congress approved a deceitfully promoted Federal Reserve Central Bank, which then established a new debt-based monetary system. Its concept of creating and introducing ever more currency into a country which had little debt, … Continue reading
Kamala Harris’s Inflationary Legacy
Inflation is the gift that keeps on giving – if you’re in the business of writing headlines, that is. For everyone else, especially those navigating the grocery aisles, it’s an unwelcome houseguest that refuses to leave. And who, you might … Continue reading
…’Low Inflation’ my Ass-ets!
Sometimes I have to ask myself if the people in charge actually know how to read. Honestly I’m not entirely sure. Perhaps they know how to read… but they choose not to do so. Because it’s pretty obvious no one … Continue reading
This Isn’t The End For The Financial Markets – The Truth Is That This Is Just The Beginning Of The Chaos…
If you are surprised by what is happening in the financial world right now, you probably haven’t been paying much attention. Stock prices were obscenely high and many investors were massively over-leveraged. The Dow Jones Industrial Average plummeted by more … Continue reading
The Wheels Have Started To Come Off For The U.S. Economy …and The Worst Is Yet To Come!
For a long time, there was a lot of denial about the direction that the U.S. economy was heading. The Biden administration and the mainstream media just kept insisting that everything was just fine even though everyone could clearly see … Continue reading
DiLorenzo: The American Tradition of Abolishing Central Banks
In discussing the Mises Institute’s June 24th full-page Wall Street Journal ad entitled “Who Needs the Fed?” on talk radio recently most of the interviewers naturally expressed skepticism over whether the Fed could ever actually be abolished and a gold-and-silver … Continue reading
The Percentage Of Americans That Worry They Won’t Be Able To Pay Their Bills Is Higher Than It Was During The Great Recession
Do you remember how painful the Great Recession was? 2008 and the years immediately following were definitely a very dark chapter in our history, but a new study has actually found that the percentage of Americans that worry they won’t … Continue reading
What Rome’s Currency Debasement Tells us About the Future of the US Dollar…
Well, here’s an interesting historical repeat. Apparently, it took the Roman Empire about 200 years to reduce the value of its currency, the silver Denarius, by 95%. As shown in the chart below, the silver content of the Roman currency … Continue reading
Investors in Cryptocurrency Are More Likely to Be Psychopaths
Cryptocurrency, which has exploded in popularity in recent years, is digital ‘money’ which lies beyond the control of central banks and governments. The global market is worth about £1.3 trillion and around five million adults in the UK have invested. … Continue reading