America
The Dollar Price to Redeem an Ounce of Gold
In a recent article I pointed out that the surest path to saving the fiat dollar from destruction was to make it fully redeemable in gold at whatever that price happened to be on a [more…]
Patrick Barron
Economics
The US Must Return to a Gold Standard—NOW!
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…]
Economics
How to Compare Prices and Progress over the Years
We often scoff at supposedly how cheap things cost in decades gone by. For example, my wife and I recently watched a stage play of Jean Shepherd’s A Christmas Story, set in 1940’s America. (The [more…]
America
More Largesse from Santa Claus Trump
President Trump has promised a $1,776 “Warrior Dividend” for the US military. This article from Military.com seems to offer as thorough an explanation of what is known so far, which isn’t much. According to the [more…]
Economics
Protecting a Societal Cancer with a Web of Lies
There is a deadly cancer that is eating away at Western society—Welfare. It is supported by a web of lies that are so pervasive that no one dare question them. Two of the most ingrained [more…]
Business
An Economic Four-Way Test
I was a member of Rotary International for many years. All meetings either started or ended with a recitation of the “Four-Way Test”. Is it the truth? Is it fair to all concerned? Will it [more…]
America
Putting Trump’s Proposed Two Thousand Dollar Rebate in Perspective
President Trump has proposed giving “each American” a check for two thousand dollars ($2,000). Well, not “each” American. Top earners will not be included, so instead of each of the three hundred and thirty three [more…]
20th Century
A Golden Yuan Will Be Good for the American People
Bretton Woods (I) Will Be Replaced by Bretton Woods (II) In his recent interview at Manioco64 Alasdair Macleod used the term “Bretton Woods II” to describe the steady progress being made by China to make [more…]
Economics
The Distraction of the “Gross National Product” Economic Metric
For many years now it seems that the state of a nation’s economic health has been reduced, at least in the mainstream press, to one metric—Gross National Product (GDP). Despite rising prices, increasing public and [more…]