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…]
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…]
Three years later, on December 23, 1913, with Congress half-empty and senators racing home for Christmas, their manuscript — renamed the Federal Reserve Act, cosmetically altered, and attributed to a different political faction — was [more…]
The geopolitical ambitions of this network receive their most unvarnished articulation in a 2018 email from Epstein to Borge Brende, president of the World Economic Forum. Epstein’s proposition dispensed with diplomatic circumlocution entirely : Davos [more…]
It dawned upon the MSM over the last week that the Donald had not been seen in public for a few days. The orgasmic speculation that he had died was nothing less than disgraceful but [more…]
Most economic analysts predict that the US is about to enter into a cyclical recession. Even Austrian School economists, like me, agree. The big question is “What will government do?”. Will it finally stop its [more…]
The New Year is usually associated with a new beginning, a fresh start, or a “clean slate”. Unfortunately, for millions of Americans, these are wishes that are bound to remain unfulfilled – for them, the [more…]
In 1910, seven men gathered on Jekyll Island, off the coast of Georgia, USA, to plot the establishment of the Federal Reserve Bank, in order to wrest control of money creation from the US government [more…]
Since the Bretton Woods Agreement in 1944 the dollar has been the world’s preferred reserve currency; i.e., the major trading nations of the world were willing to hold dollars in vast amounts to satisfy their [more…]
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