Purchasing Power

G. Edward Griffin: Exposing The Creature From Jekyll Island

Despite its carefully-crafted image as an essential public servant, Griffin concludes it is anything but. The Fed is a private cartel that has connived its way to tremendous advantage and power, secretly (and not-so-secretly) plundering the American people of their treasure and freedoms.

"The Nightmare Scenario" And Everything Else: The Full French Election Matrix

With the start of the French election just days away, investors are contemplating a "nightmare scenario": a choice between far-left and far-right candidates.  Currently, polls are very close, with four candidates in the 18-24% range of voting intentions. Given the  polls’ margins for error, six permutations look possible for round 2.

The American Empire And Economic Collapse

It is now apparent that the only way in which significant change will come about in American foreign affairs will be if there is a severe financial crisis which impairs the nation enough so that it can no longer bankroll its military adventurism.  History has a number of examples of this.

These US States Entered A Recession In 2016

Kansas, New Mexico, Oklahoma and Wyoming experienced recessions last year, while others saw milder contractions, including Maine, Montana, North Dakota, Louisiana and West Virginia.

Paul Brodsky: "Stagflation On The Horizon"

Logic and current trends suggest that declining output growth accompanied by higher prices will begin hitting economies and facing policy makers in the coming years. Markets should begin sniffing out this stagflationary macroeconomic setup this year.

Are Central Banks Losing Control?

Eight years after the crisis of 2008-09, central banks are still injecting $200 billion a month into the global financial system to keep it from imploding.

Arizona Challenges The Fed's Money Monopoly

This Wednesday the Arizona Senate Finance and Rules Committees will consider legislation (HB 2014) officially defining gold, silver, and other precious metals as legal tender. The bill also exempts transactions in precious metals from state capital gains taxes, thus ensuring that people are not punished by the taxman for rejecting Federal Reserve notes in favor of gold or silver.

6 Steps Toward A More Sane Economic Policy

As the Trump administration takes shape, it may be helpful to remind ourselves of some of the steps that can be taken in the direction of economic policy that better allows private citizens to be free and flourish.