$1 Trillion Coins Instead of More Federal Debt?!
By Stefan Gleason Credit risk out of China and debt ceiling drama in Washington are driving precious metals markets this week. Gold and silver attracted…
Debt
Debt Ceiling and Budget Battles to Underpin Gold Prices
By Stefan Gleason The gold market has no shortage of issues following Sunday evening’s “flash crash” that saw prices drop sharply at the open. A…
Biden’s Infrastructure Bill Part of Green New Deal, Jacks Up Debt
By Mike Gleason As the U.S. Senate moves closer to passing a trillion-dollar spending bill that includes some infrastructure priorities, critics are warning that the…
Currency Emergency: When the Debt Comes Due
By Stefan Gleason What happens when the debt comes due? It’s a question millions of Americans are grappling with in their personal finances. It’s also…
Americans Are Taking On Debt As If Tomorrow Will Never Come
By Michael Snyder If you make a conscious choice to ignore all long-term consequences, managing your personal finances can be a lot of fun. For…
Visualizing 150 Years Of US National Debt
By Tyler Durden The total U.S. national debt reached an all-time high of $28 trillion* in March 2021, the largest amount ever recorded. Recent increases…
One Bizarre Detail From Biden’s $6+ Trillion Budget Proposal Was Just Exposed
By Brad Polumbo Last week, President Biden released a $6+ trillion budget proposal that would take the US to unprecedented levels of government spending and…
Inflation Is a Dangerous Way to Get Rid of Debt Burdens
By Richard M. Ebeling Suppose you lent someone $100, and when they paid you back they only handed you, say, $99 or $80. Would you…
Biden’s $6 Trillion Socialist Budget Will Cause Even More Inflation And Even More Shortages
By Michael Snyder If you are enjoying the ride on the highway to hyperinflation, then you are going to absolutely love Joe Biden’s new budget. …
Biden Unveils $6 Trillion Budget That Will Raise Federal Spending To Highest Post-WW2 Level
By Tyler Durden US stock futures soared Thursday morning as President Biden unveiled his first federal budget, which calls for the government to spend $6…
The Paycheck Protection Program Is Officially Out Of Money
By Tyler Durden The Paycheck Protection Program has officially “run out of money”, hopefully putting an end to what was likely one of the most…
Legislators Try to Fix State-Supported “Clean Energy” PACE Loans That Disproportionately Harm Black Homeowners
By B.N. Frank Last month Activist Post highlighted a ProPublica investigation into sketchy “Clean Energy” loans that have put low-income Americans at risk of losing…
We Are Dangerously Close To “The Tipping Point”
By Michael Snyder Every dollar that the federal government borrows and spends puts us even closer to a day of reckoning. Many Americans (especially those…
The US Government’s Debt-to-GDP Ratio Is Worse Than Greece’s Before the 2008 Crash (And It’s About to Get Worse)
By Jon Miltimore President Biden on Wednesday pitched a new plan to Americans before a joint session of Congress: more spending. The just-released $1.8 trillion…