Two mistaken lessons from the ‘20s and ‘30s haunt us today Prior to 1913 there was no central bank in the US, and yet the US enjoyed tremendous economic betterment in the post Civic War [more…]
At the Labour Party conference, Andy Burnham proposed changing the state pension triple lock from 2030, while keeping it unchanged for the rest of the current Parliament. The existing system guarantees annual increases based on [more…]
The above is the first half of a famous cartoon quote from the early 1950’s which was reborn, so to speak, on Earth Day 1970. At the end of this short article I will give [more…]
Since fiat currencies, per se, are not redeemable for anything other than themselves, their very existence depends upon confidence. The issuing authority must not inflate the currency’s size to the point that it begins to [more…]
Most people believe World War II ended in 1945. In reality, its most important consequences were only beginning. The fighting stopped. The maps were redrawn. The narrative was presented as settled—and fixed in place. But [more…]
Annual US public spending has been in deficit for decades. As a result total US debt continues to increase year after year with no end in sight. Well, the end may not be in sight [more…]
On February 28, 2026, the United States and Israel launched coordinated strikes on Iran, killing Supreme Leader Ali Khamenei and initiating what military analysts are already calling the most consequential American combat operation since the [more…]
The world has been quietly and stubbornly walking away from the US dollar and US Treasuries the last half decade. Now, that walk is becoming a march, and “quietly” is turning to “loudly”. Some in the financial [more…]
The purchasing power of the US dollar has been debased by over ninety-nine percent since the foundation of the Federal Reserve. [(An ounce of gold cost $20.67 in 1913. According to the Wall Street Journal [more…]
Copyright © 2026 | MH Magazine WordPress Theme by MH Themes