Purchasing Power

Lyndon Johnson's Terrible Legacy

"As if ignorance of the consequences of this socialist expansion of domestic control by government was not enough, LBJ expanded the war in Vietnam, promising America both Guns and Butter. Even today we live with this expansion of government domestic programs and seemingly never-ending wars as the modern Welfare/Warfare state."

How Uncle Sam Inflates Away Your Life

"Remember, your life-savings is just that.  It represents your life... So, when Uncle Sam confiscates your life-savings via the inflation tax something more is happening...  Not only are you being robbed of your money, you’re being robbed of your life.  Your life’s simply inflated away.  Poof!"

Axel Merk: Tax Reform Implications For Gold

"Last week, I got several calls asking me how U.S. tax reform will impact the price of gold. If you can answer this question, you might be able to answer how tax reform will impact other assets. Let me explain..."

Why Populism Isn't Going Away

"Although there are idiosyncrasies in every country that foster the rise of populist movements, the ailing foundation of the economy provides the fertile soil and is the major driver of people's dissatisfaction and the associated voting decisions..."

Why So Many (In The West) Are So Pissed Off

"...hardly anyone on the right or the left realizes just how fleeting the dominance of the West – and the U.S. in particular – has been in the longer sweep of human history..."