Category Archives: Inflation

Inflationism Has Overturned Society

The debasement of money by governments has been going on for thousands of years. The current corruption of your dollars has been going on since the passing of the Federal Reserve Act in 1913. And it has been going on in earnest since 1971, when Nixon terminated the convertibility of the dollar into gold by foreign governments. Continue reading

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America Has an Epic Choice

America has an epic choice. And it has nothing to do with who will be the next president of the United States. It has nothing to do with if the new stimulus bill is $1.6 trillion or $2.2 trillion. Continue reading

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“In America Money Does Grow on Trees”

The U.S. government, and by extension the American people, are fully committed to a program of currency debasement to inflate away the debt problem. They believe executing an implicit default via inflation is the easier and softer way. Continue reading

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Maxine Waters Drops the Hammer on Powell and Mnuchin

This week Federal Reserve Chairman Jay Powell and U.S. Secretary of the Treasury Steven Mnuchin were called upon by the House Financial Services Committee to provide answers. Somehow, their efforts to deliver upon the directive of the CARES Act did not live up to certain expectations. Magic wands were waved. Yet they only made asset holders richer. Continue reading

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