America’s First Experiment With Paper (Fiat) Money
By Lawrence W. Reed George Washington—surveyor, farmer, soldier, and statesman—never thought of himself as an economist but experience taught him a great deal about fiat…
Currency
US Debt Hits $30 Trillion For The First Time
By Tyler Durden Congratulations, America: it took just over 245 years but as of the last day of January, the country’s debt just crossed above…
Should Investors Fear Fed Rate Hikes?
By Stefan Gleason The prospect of Federal Reserve rate hikes continues to rattle Wall Street and cloud the outlook for precious metals. On Wednesday, the…
Money Printing Is DESTROYING America’s Dollar
By Aden Tate Let’s start with this: over the course of the past two years alone, the Federal Reserve has printed approximately 80% of the…
80% of All US Dollars in Existence Have Been Printed in Just the Last Two Years
By Matt Agorist Since March of 2020, Americans and the world alike have watched from the sidelines as power-hungry politicians have ushered in draconian lockdowns,…
The Dollar’s Decline May Be About to Accelerate
By Stefan Gleason Over the past year, the Federal Reserve Note “dollar” has been losing value at an alarming pace as reflected by broad price…
Shelves Begin to Empty as Supply Chain Buckles Under Inflation
By Mike Gleason Another set of bombshell inflation reports rattled markets this week. On Wednesday, the Bureau of Labor Statistics released data showing consumer prices…
The Dollar Has Entered A Death Spiral, And A Lot More Inflation Is On The Way
By Michael Snyder Did anyone out there actually expect things to turn out differently? When the federal government kept borrowing and spending trillions upon trillions…
To Attack the Root of the Evil, Fix the Money
By Jp Cortez After the Consumer Price Index (CPI) surged last year to its highest level since 1982, politicians are feeling pressure from constituents to…
Goldman Cuts GDP Forecast Due To Omicron, Setting The Stage For More Central Banks Stimulus
By Tyler Durden It was less than a month ago when bank after bank triumphantly revealed their extremely optimistic year-ahead growth forecasts, in which chief…
Hyperinflation In Turkey: Wine Prices Up 15% In One Day, Chicken And Cheese Up 10%
By Tyler Durden A few days ago we joked that with the lira collapsing at a record rate that would make Rudy von Havenstein and…
The Scariest Inflation Chart You’ve Ever Seen
By Jon Miltimore Inflation has been in the news a lot lately. The massive money pumping the Federal Reserve began in 2020 has finally got…
The Federal Reserve’s Assault on Savers Continues
By Murray Sabrin The front-page headline in the Wall Street Journal on October 14 says it all, “Inflation Is Back at Highest in over a Decade.” The…
Venezuelans Turn to Gold Nuggets as the Local Currency Implodes
By Joseph Salerno The Venezuelan government recently lopped off six zeros from its hyperinflating currency, the bolivar. The highest denomination currency note of 1 million bolivars, worth less…