So far, President Trump’s economic response to a potential coronavirus outbreak and a further stock market sell off has been expected – calls for more interest rate cuts and an additional round of monetary stimulus. For the stock market, economy, and the virus itself, neither measure will have their desired effect and, in fact, may … Continue reading Memo to The Donald: Cut Tariffs NOT Rates
On the heels of calling for a Marxist economic conference this coming March (“Economy of Francesco”), Jorge Bergoglio (a.k.a. “Pope Francis”) has once again opined on financial matters. The purported head of the Catholic Church has now designated “tax cuts” as sinful behavior on a par, apparently, with stealing, lying, and adultery: Today’s structures … Continue reading Pope Francis the Taxman
A Review of Murray N. Rothbard's Conceived in Liberty, Vol. 5The posthumous release of Murray Rothbard's fifth volume of his early American history series, Conceived in Liberty, is a cause of celebration not only for those interested in the country's constitutional period, but also for the present day as the nation is faced with acute … Continue reading The Constitution IS the Crisis
Pope Francis and his mentor As if there needs to be further evidence that the current occupant of St. Peter's Chair in Rome is a Marxist, the announcement of an upcoming conference at Assisi entitled the "Economy of Francesco" should convince any skeptic otherwise. In his invitation letter to "young economists and entrepreneurs worldwide," Bergoglio … Continue reading Pope Francis Calls Marxist Economic Summit
The efficacy of a metallic monetary system is beyond dispute at least among real economists which eliminates just about 95% of whom are now engaged in the “profession.” Money, which gold is, allows for specialization, the division of labor, and provides the means for mankind to escape from barter and, thus, a primitive existence. Like … Continue reading The Ethics of a Gold Standard
With the recent ominous inversion of the 2-10 year yield curve and its near infallible predictive recessionary power, the consequences for the economy are plain to see, however, what has not been spoken of by pundits will be the effect of a recession on US foreign policy. If a recession comes about prior to November … Continue reading The Geopolitical Consequences of a Coming Recession
As modern man continues to wantonly deviate, flaunt, and reject the natural law and the Divinely-created order from which it derives, it is not surprising that illusions like Bitcoin and other crypto currencies have captured the imagination of many and have provided a vehicle for scammers to rip off their fellow man. Crypto currencies are … Continue reading Is Bitcoin A Diversion from the Natural Monetary Order?
Despite being probably robbed of the Democratic Party’s nomination by the Clinton political machine, the success of the Bernie Sanders’ 2016 campaign with his advocacy of “democratic socialism” was an ominous sign of things to come and, in some sense, more telling of the political climate than Donald Trump’s improbable victory in November, 2016. The … Continue reading “We’re All Socialists Now!”
vs. The idea of a constitution and/or written legislation to secure individual rights so beloved by conservatives and among many libertarians has proven to be a myth. The US Constitution and all those that have been written and ratified in its wake throughout the world have done little to protect individual liberties or … Continue reading The Gold Standard: Protector of Individual Liberty and Economic Prosperity
Two recent articles* have again demonstrated that the greatest “terrorist” entity on earth is not the bogymen - Russia, China, Iran, North Korea – so often portrayed by Western presstitudes and the American government, but the United States itself! Ever since World War II, the US has been the most militaristic, far surpassing all of … Continue reading The United States of Terror!
Antonius Aquinas 