Tag Archives: fiat money

Workers of the World, Unite!

Several decades of perpetual credit creation courtesy of the Fed’s artificially low interest rates have had countless unintended consequences for the global economy. In short, the economy’s reconfigured itself in ways it otherwise wouldn’t have. One example is the offshoring of U.S. jobs to China and the massive trade imbalance between the two countries. Continue reading

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Life After ZIRP

Federal Reserve Chair Janet Yellen finally made good on her promise.  On Wednesday she raised the federal funds rate to a target range of 0.25 to 0.5 percent.  Can you believe it? After nearly a decade since the last rate … Continue reading

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From Here to Eternity

Gentlemen-rankers out on the spree, Damned from here to Eternity, God ha’ mercy on such as we, Baa!  Yah!  Bah! — Gentlemen-Rankers, Rudyard Kipling Insults and Offenses For the first time in 80 years, vast numbers of hardworking, industrious people … Continue reading

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Paper Gold Ain’t as Good as the Real Thing

Paper Gold Ain’t as Good as the Real Thing By Doug French, Contributing Editor, Casey Research For the first time ever, the majority of Americans are scared of their own federal government.  A Pew Research poll found that 53 percent … Continue reading

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