Ohio Bill Would Ban the Use of a Central Bank Digital Currency as Money in the State
By: Mike Maharrey COLUMBUS, Ohio (May 15, 2023) – A bill introduced in the Ohio House would expressly exclude a central bank digital currency (CBDC) from the definition of money in ...
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Central Bank Digital Currency: Paper Money isn’t the Solution
By: Mike Maharrey Physical paper money solves some of the privacy and security issues inherent in central bank digital currencies (CBDCs). But a lot of people seem to have forgotten that ...
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The Founders Predicted our Economic Crisis
By: Michael Boldin Did Thomas Jefferson call the economic crisis? “Every thing predicted by the enemies of banks, in the beginning, is now coming to pass. we are to be ruined ...
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The Federal Reserve: Enemy of American Workers
By: Ron Paul According to numbers released by the US government, consumer prices have increased by 7.5 percent in the past year, the steepest increase since 1982. The actual price increases ...
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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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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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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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