The Real Scandal of the Spending Bill
By: Ron Paul Last week Congress passed a massive coronavirus relief and omnibus spending bill. President Trump threatened to veto the bill, saying he wants an increase in the amount for ...
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Government Help: Breaking Your Legs and Giving You a Wheelchair
By: Mike Maharrey Remember all of the government bailouts and stimulus in response to the 2008 financial crisis? Conservatives threw a fit. The Tea Party movement grew out of worry ...
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Federal Reserve: Enemy of Liberty and Prosperity
By: Ron Paul Lost in the media’s obsession with the impeachment circus was Federal Reserve Chairman Jerome Powell’s recent testimony on the state of the economy before the Joint Economic ...
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Are Recessions Inevitable?
by Ron Paul Stocks fell last week following news that the yield curve on Treasury notes had inverted. This means that a short-term Treasury note was paying higher interest rates ...
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Smoke and Mirrors: The “Greatest Economy” is Built on Spending and Debt
By: Mike Maharrey President Trump has repeatedly bragged about “his” economy, talking about economic growth in glowing, hyperbolic terms. To hear the president tell it (or tweet it as the ...
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Why Do Central Bankers Oppose a Gold Standard?
By: Mike Gleason Federal Reserve Chair Jerome Powell’s testimony before Congress was closely scrutinized not just for its economic implications but also for its political overtones. Powell cited “trade tensions” ...
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How the Fed Wrecks the Economy
By: Mike Maharrey When people talk about the economy, they generally focus on government policies such as taxation and regulation. For instance, Republicans credit Pres. Trump’s tax cuts for the ...
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Newsflash: Social Security and Medicare Still Going Broke
By: Mike Maharrey Last year, Social Security and Medicare trustees warned that the programs are going broke. A year later — they’re still going broke. This shouldn’t come as a ...
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Federal Reserve Appears Poised to Resume Monetizing U.S. Government Debt
By: Mike Maharrey It looks like the Federal Reserve is about to get back into the bond business and help the US government deal with its massive debt. The Treasury ...
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This is a Debt Spiral
By: Mike Maharrey The U.S. federal government has spun into a death-spiral. Or perhaps we should call it a debt-spiral. According to the Committee for a Responsible Federal Budget president ...
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