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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