Category Archives: Government debt

Trump Needs to Read This Essay

Must reading for members of Congress, too. “According to some commentators the US federal budget deficit still remains a major economic problem notwithstanding that it draws less attention than in the past.” Source: How Government Budget Deficits Make Us Poorer






Posted in Crony capitalism, Donald Trump, Economy, Federal Government, Federal Reserve, Government debt, Spending, Taxes, Warfare state, Welfare state | Comments Off on Trump Needs to Read This Essay

Where is the Price of Gold Headed?

Source: This Is What Gold Does In A Political Crisis, “Trump Might Actually Win” Edition






Posted in Business cycle, Crony capitalism, Donald Trump, Economy, Government debt, Hillary Clinton, Presidential election | Comments Off on Where is the Price of Gold Headed?

Out of the blue?  

“Here are nine ‘black swan’ events in recent memory that profoundly changed markets, ranging from the Asian financial crisis of 1997 to the more current Brexit.” Source: Black Swans: 9 Recent Events That Changed Finance Forever






Posted in Banks, Business cycle, Central banks, Crony capitalism, European Union, Federal Reserve, Government debt, Interest rates, Regulations, Stock market | Comments Off on Out of the blue?  

Are we at the tipping point?

“THE WORLD IS ON THE EDGE OF A DEFLATIONARY BLACK HOLE The world economy is now at its most dangerous point in history. In virtually every major country or region, there are problems of a magnitude …” Source: The World … Continue reading






Posted in Banks, Business cycle, Central banks, Federal Reserve, Government debt, Money, Precious metals | Comments Off on Are we at the tipping point?

What two-party system?

Robert Wenzel takes down Sen. McConnell’s surrender to the Democrats.  George Wallace was right, there’s not a dime’s difference between the Democrats and Republicans.






Posted in Crony capitalism, Democrats, Federal Government, Free markets, Government debt, Political parties, Politicians, Spending, Taxes, Warfare state, Welfare state | Comments Off on What two-party system?

Are central bankers giving up on fiat money?

“After years of selling their stocks of gold, central banks around the world are now buying bullion, according to a new study on the “Seven Ages of Gold.” Source: Central banks have been buying gold with a vengeance






Posted in Central banks, Free markets, Gold, Gold standard, Government debt | Comments Off on Are central bankers giving up on fiat money?

Joe Salerno grades Trump’s economics

“Donald Trump has announced his economic advisory team and unveiled a preliminary broad brush economic program that his prospective administration would implement. He has promised to fill in the details of his America First Economic Plan as the election approaches.” … Continue reading






Posted in Crony capitalism, Donald Trump, Economy, Free markets, Government debt, Presidential campaign | Comments Off on Joe Salerno grades Trump’s economics

Bipartisan fiasco

“The Six Presidents Causing US Bankruptcy By Egon von Greyerz Since Reagan came to power in 1981, the US has had a total of five presidents who have spent ever increasing amounts of money to hang on…” Source: The Six … Continue reading






Posted in Business cycle, Central banks, Democrats, Federal Government, Federal Reserve, Government debt, Politicians, Spending, Taxes, Warfare state, Welfare state | Comments Off on Bipartisan fiasco

Field trip with my colleagues to the Museum of American Finance

I spent this morning with three of my colleagues visiting the American Museum of Finance on Wall Street, down the street from the NYSE, the Trump building and a couple of blocks form the New York Fed.  Last week I … Continue reading






Posted in Banks, Central banks, Crony capitalism, Economy, Federal Reserve, Gold standard, Government debt, Money, Politics, U.S. Dollar | Comments Off on Field trip with my colleagues to the Museum of American Finance

Debt is crushing the global economy

“Max Keiser Financial War Reports” Source: [KR940] Keiser Report: Gold & World’s Debt Problems | Max Keiser






Posted in Business cycle, Central banks, Debt, Economy, Federal Reserve, Free markets, Gold standard, Government debt, Inflation, Interest rates, Money, Politics | Comments Off on Debt is crushing the global economy

Grossman: Trust fund and Atlantic City should declare bankruptcy

A compelling case to get debt under control and not raise the “gas tax.”   Murray Rothbard made the case to repudiate the national debt in 1992. Source: Grossman: Trust fund and Atlantic City should declare bankruptcy






Posted in Banks, Crony capitalism, Gas tax, Government debt, Leadership, New Jersey, New Jersey constitution, New Jersey Supreme Court, Politicians, Politics, State government | Comments Off on Grossman: Trust fund and Atlantic City should declare bankruptcy