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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Fiat “Money” is Backed by Nothing: End the Fed from the Bottom Up
By: Michael Boldin At one time, the U.S. monetary system was backed by gold. Now it’s not backed by anything. A recent poll shows that only 7% of people go ...
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Federal Reserve’s Latest Bailouts More Proof Bad Times Ahead
by Ron Paul Since September 17, the Federal Reserve Bank of New York has pumped billions of dollars into the repurchasing (repo) market, the first such intervention since 2009. The ...
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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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Today in History: Nixon Slams Shut the “Gold Window”
By: Mike Maharrey Today in history, on August 15, 1971, President Richard Nixon slammed shut the “gold window” and eliminated the last vestige of the gold standard. Nixon ordered Treasury ...
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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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Fight for 15 is the Wrong Battle in the Wrong War
By: Mike Maharrey The U.S. House recently passed a bill to gradually raise the minimum wage to $15 per hour by 2025. The move simultaneously taps into both constitutional and ...
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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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The Court and the Fed: Our Own Aristocratic Element
by John O. McGinnis The idea of a mixed regime goes back to ancient times. Philosophers contrasted pure regimes, like democracy or oligarchy, with those that combined different classes, such ...
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Interview: Weaponizing the Dollar
By: Mike Maharrey I appeared on RT International to talk about how the U.S. government weaponizes the dollar and uses it as a foreign policy billy club. RT invited me ...
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