Category Archives: Government Debt
Debt Ceilings are for Idiots
The great dollar devaluation is the consequence of decades of rampant currency debasement policies. The mechanics are executed in tandem between the Federal Reserve and the Treasury. The Fed supplies the credit – created out of thin air. The Treasury borrows it from the Fed. And spends it. Continue reading
Will You Beat Uncle Sam’s Relentless Pursuit of Your Wealth?
The United States is lurching towards an epic financial catastrophe. This isn’t a novel insight. The great tragedy has been in the works for decades. Anyone with a mild inkling of curiosity knows what’s going on. Continue reading
Your Government Hates You
The fact of the matter is that if you work hard, pay your own way, believe in free speech and traditional values, and fear God, your government – the dirty cadre of elites and insiders – hates you. There’s no other way to explain it. Continue reading
The Do-Re-Mi of Treasury Notes
This week brought forth new data points for two of the world’s greatest economic contrivances. These data points are important not so much because they provide a truthful depiction of reality. But rather, because in today’s centrally planned economy they can be big movers and shakers for the stock and bond market. Continue reading
