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Category Archives: The Mine or the Shaft
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
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
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
Tens Of Millions Of Americans Are “Trapped” In An Endless Cycle Of Debt That Is Sucking The Life Out Of Them Financially
Did you know that U.S. households are 17,690,000,000,000 dollars in debt? Of course household debt is only one part of a much larger story. The federal government is 34 trillion dollars in debt, state and local governments are absolutely drowning … Continue reading
The Fed Is Already Insolvent: Here’s How We Think This Plays Out…
Most people don’t notice or realize that the Fed, literally right this moment, is insolvent. George Soros famously “broke the Bank of England in 1992… and we might see someone “break the Federal Reserve” within the next few years. On … Continue reading
Is It Time to Hold a Convention of the States to Address the Debt Bomb?
How long will the world keep buying U.S. bonds, notes, and bills, or use the dollar as a reserve currency, if Washington is bent on fiscal self-destruction? “We must not let our rulers load us with perpetual debt,” warned Thomas … Continue reading
Rockwell: Bring Back Gold!
In these days of rampant inflation, it’s imperative that we return to the gold standard – and the real thing too. By this I mean the classical gold standard, not the so-called “gold exchange” standard, and with no fractional reserve … Continue reading
Rockwell: Is the Gold Standard History?
In the 19th century, notes Murray N. Rothbard, debates on monetary issues were highly public and intensely controversial. Do you favor the national bank? The gold standard? Bimetallism? What is your opinion of the free silver movement? What is most … Continue reading
FED is Still Clueless on Stagflation
In June 2022, when inflation was raging at over 9% in the US, Fed Chairman Jerome Powell admitted to a reporter, “we now understand better how little we understand about inflation.” “Uh, that’s not very reassuring,” the reporter chuckled. Talk … Continue reading
