Occupation: Author Birth: March 23, 1963
The primary factor that enables our government to peddle economic snake oil is the dollar's unique role as the world's reserve currency, and our cred….
Contrary to the rhetoric emanating from the American left, the 'rich' are currently paying a lot more than 'their fair share.' It is only a handful ….
The fiat-based system has produced enormous global imbalances that are straining the global economy. Ultimately, I think the whole thing gives way an….
What got us out of the depression was capitalism, and we would have gotten out a lot quicker had the government not intervened..
The real bubble in China is in US Treasuries, in US dollars..
Once the dollar begins to collapse beneath the weight of all this new deficit spending, accumulation of contingency liabilities and the socialization….
You don't drive an economy by consuming - the consumer is not the engine, the consumer is the caboose..
We are an indebted family going out for an expensive meal to celebrate getting approved foe a new credit card. It might feel good (at the time), but….
Gold is not overvalued at $500, and gold will not be overvalued at $1,500 or $2,000. The real money is buying gold and putting it away..
Once the government runs out of foreign and private sector bidders for new Treasurys, the Federal Reserve will be the only buyer, and the hyper-infla….
Central banks are choosing to increase their gold holdings as a percentage of total reserves. They obviously think there is a reason to do that. It d….
It can be argued that the U.S. brokerage and investment banking industry has transformed the modern American stock market into nothing more than a me….
Well, I don't like the UK. I haven't ever been a fan of the pound (sterling), and even though they are taking some steps in the right direction - mo….
Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power..
At some point, the dollar has to give. You can't just keep printing money, and monetizing debt, and buying bonds, without the dollar imploding..
The strength in gold is revealing the general weakness in the dollar..
Printing money is merely taxation in another form..
You're worth what you're worth.
Keynesians are to economics what witch doctors are to medicine..
The government can't create jobs; they'll destroy jobs trying to do it. The government doesn't have any money; all they have is a printing press. We ….
Perhaps the most important reason to be skeptical of government inflation numbers is that the government, like a fox campaigning to guard a hen house….