Category Archives: Inflation
A World Of Fiat
There has been a lot of discussion lately about America’s massive trade deficit and how President Trump’s tariff policies are intended to shrink it down while returning manufacturing to the USA. What isn’t often mentioned is how this massive trade deficit ever came about to the extent that it has to begin with. If the world still operated on a gold standard these mega imbalances would have been impossible. Continue reading
Powell Holds the Line
This week, as expected, Powell and the Federal Open Market Committee (FOMC), held the federal funds rate at a target range of 4.25 to 4.5 percent. Of note, two members of the FOMC dissented from the majority decision. Continue reading
Warming Up the Printing Presses
Trump’s ‘Big, Beautiful Bill’ will add an additional $3.8 trillion on top of what was already projected to be added to the national debt. So instead of the national debt increasing by $22 trillion to $59 trillion over the next decade, it will spike to nearly $63 trillion. Continue reading
Death of the Penny and What this Means for Gold
The death of the penny – a token – may be a practical matter. Why fabricate something at a loss? But, more so, it is the result of decades of reckless deficit spending in Washington. Continue reading
