This article comes from “naturalnews.com” The future of America hangs in the balance as the country’s financial state is not exactly strong. A recent report from Truth in Accounting has revealed that 27 states across America, more than half, ended fiscal year 2023 with a deficit, meaning they did not have enough money on hand to cover […]
HALF of all U.S. states going BANKRUPT, financial report finds Read More »
This article comes from “infowars.com” Politicians frequently lament inflation and blame it on greedy private actors. What they fail to mention is that they intentionally create inflation to avoid the purported perils of falling prices. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect those of Peter Schiff or SchiffGold. Henry Hazlitt
Seeking Refuge from Monetary Manipulation Read More »
From “mises.org” Central to any good investor’s decision-making process is determining the degree to which the target of investment is “robust to the downside.” Can the investment maintain its value—or even continue to provide sufficient return on capital—in the event of a pullback in the broader economy or a specific sector? Warren Buffett has aptly
Markets Made of Glass—How the Fed Destroyed Economic Resilience Read More »
This article comes from “naturalnews.com” No matter who “wins” the next presidential election, the economy is not going to survive. Perhaps the whole banking system will fail, sparking hyperinflation like that of the Zimbabwean sort. (Article republished from TLDavis.Substack.com) People tend to shrug their shoulders or wag their heads at one trillion dollars of debt service,
From “mises.org” Individuals are often presented as if a value scale is hard-wired in their heads. Allegedly, this value scale remains the same all the time. As a result, this value scale supposedly instructs individuals in the selection of goods. Were that the case, then it makes sense to attempt to extract this value scale
Who Sets the Prices for Goods? Read More »
This article comes from “naturalnews.com” At least 10 major restaurant chains have filed for Chapter 11 bankruptcy this year due to rising costs, shrinking consumer spending and the disappearance of pandemic-era financial support. In August alone, three notable restaurant chains sought bankruptcy protections. Mediterranean fast-casual chain Roti filed on Aug. 23, citing challenges from high operating costs and
This article comes from “naturalnews.com” The United States has given Ukraine over $46 billion in military aid to fight Russia, according to the U.S. Department of State and Department of Defense. That’s far more than any other country. Since Israel’s founding in 1948, it has received $158 billion in military aid from the United States, making it the greatest
This article comes from “infowars.com” Many citizens want more government control of the economy to curb rising prices. It is the worst strategy imaginable. Interventionist governments never reduce consumer prices because they benefit from inflation, dissolving their political spending commitments in a constantly depreciated currency. Inflation is the perfect hidden tax. The government makes the currency
No Central Bank Wants to Stop Price Inflation Read More »
From “100percentfedup.com” Rep. Rashida Tlaib (D-MI) accused grocery chain Kroger of using facial recognition technology to deploy digital price tags and increase the prices certain individuals pay for groceries. “Families across the country are struggling to keep up with rising prices, and there’s growing concern about how technology like facial recognition and behavioral tracking are
Democratic Congresswoman Criticizes Kroger Over Facial Recognition Technology Read More »
From “mises.org” Federal Reserve technocrats like to use a variety of slogans and buzzwords designed to make the Federal Reserve look like it’s an apolitical, “scientific” institution guided only by a quest for sound management of the economy. Specifically, nearly every time Fed chairman Jerome Powell makes an appearance—whether it’s the usual FOMC press conference,
Why the Fed’s Two-Percent Inflation Target Is Meaningless Read More »