Category Archives: The Mine or the Shaft

Economic discontent at election time almost always heralds doom for the political party that holds the White House. But the economic malaise that has bedeviled the country throughout the presidency of Joe Biden is likely to weigh even more heavily … Continue reading →

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 →

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 →

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 →

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 →

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 →

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 →

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 →

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 →

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 →