Don’t Call It Capitalism: The Fed’s $8 Trillion Hoard of Financial Assets
By Ryan McMaken It’s a sure bet that as the economy worsens, unemployment surges, foreclosures rise, defaults climb, and economic misery ensues, we’ll be told…
Ryan McMaken
Since Covid Lockdowns, New York Lost More of Its Population than Any Other State
By Ryan McMaken Florida Governor Ron DeSantis has frequently bragged that Florida is in high demand among people looking to relocate. In a new report…
The Trillion-Dollar Coin Idea Is Just Another Way to Rip Us Off
By Ryan McMaken Here we go again. Every few years in Congress there is a purely political battle over the debt ceiling. We’re supposed to…
Why the Fed Is Bankrupt and Why That Means More Inflation
By Ryan McMaken In 2011 the Federal Reserve invented new accounting methods for itself so that it could never legally go bankrupt. As explained by…
Real Wage Growth Falls for the Twentieth Month as Biden Celebrates Seven-Percent Inflation
By Ryan McMaken The federal government’s Bureau of Labor Statistics released new price inflation data today, and according to the report, price inflation during the month decelerated…
Total Employed Workers Fell Again in November as Savings and Incomes Fall
By Ryan McMaken Total employed workers fell for the second month in a row in November, dropping nearly 400,000 workers below the pre-pandemic peak in…
The Number of Employed Workers Fell in October and Price Inflation Continues to Outpace Wages
By Ryan McMacken In another sign of weakness for the job market, the total number of employed persons in the United States fell, month over…
Thanks to the Fed, You’ll Work More this Year to Keep Last Year’s Standard of Living
By Ryan McMaken According to the establishment survey of employment, released last week by the Bureau of Labor Statistics, total employment increased, month-over-month by 263,000…
Inflation Hits 9.1 Percent After Months Of Empty Talk At The Fed
By Ryan McMaken The US Bureau of Labor statistics released new CPI inflation estimates this morning, and the official numbers for June 2022 show price…
Why They Want To Keep the “Health Emergency” Going Forever
By Ryan McMaken Last month, Colorado governor Jared Polis ended statewide mask mandates and social-distancing provisions, stating that “the emergency is over.” This, of course, does…
Why Did the World Choose a Gold Standard Instead of a Silver Standard?
By Ryan McMaken Among those who support the end of government fiat money, it’s not uncommon to hear and see claims that gold is “the…
Inflation Surges Near to a 40-Year High. Wages Aren’t Keeping Up.
By Ryan McMaken According to new data released Friday by the Bureau of Labor Statistics, price inflation in November rose to the highest level recorded…
Why So Many Americans Reject Legal Due Process in the Age of Covid
By Ryan McMaken The policy response to the covid panic of 2020 in the United States was one of the most widespread direct attacks on…
The US Money Supply Was Up 37 Percent In November
By Ryan McMaken In November, money supply growth rate was essentially unchanged from October and remains near September’s all-time high. The stabilization we find in money-supply growth…