On the 75th Anniversary of V-E Day and the Coronavirus Scamdemic

The iconic Champs-Élysées and its Arc de Triomphe stand eerily empty before V-E Day ceremonies Friday in Paris. This month (May 8th) marks the 75th anniversary of “V-E Day” when German forces unconditionally surrendered to the “Allies.” Numerous articles, essays, and monographs have appeared commemorating the anniversary and while all are mostly laudatory, some have … Continue reading On the 75th Anniversary of V-E Day and the Coronavirus Scamdemic →

Memo to The Donald: Cut Tariffs NOT Rates

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 →

The Ethics of a Gold Standard

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 →

The Geopolitical Consequences of a Coming Recession

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 →

Demonocracy: The Great Human Scourge!

Review: Christophe Buffin de Chosal, The End of Democracy, Translated by Ryan P. Plummer. Printed in the U.S.A.: Tumblar House, 2017. Introduction One cannot speak too highly of Christophe Buffin de Chosal’s The End of Democracy. In a fast paced, readable, yet scholarly fashion, Professor Buffin de Chosal* demolishes the ideological justification in which modern … Continue reading Demonocracy: The Great Human Scourge! →

The Gold Standard: Protector of Individual Liberty and Economic Prosperity

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 →

The Fed’s “Inflation Target” is Impoverishing American Workers

Fed Chair Jerome Powell apparently doesn't see the pernicious effects of inflation At one time, the Federal Reserve’s sole mandate was to maintain stable prices and to “fight inflation.” To the Fed, the financial press, and most everyone else “inflation” means rising prices instead of its original and true definition as an increase in … Continue reading The Fed’s “Inflation Target” is Impoverishing American Workers →

“Strong Dollar,” “Weak Dollar,” What About a Gold-Backed Dollar?

The recent hullabaloo among President Trump’s top monetary officials about the Administration’s “dollar policy” is just the start of what will likely be the first of many contradictory pronoucements and reversals which will take place in the coming months/years as the world’s reserve currency continues to be compromised. So far, the Greenback has had its … Continue reading “Strong Dollar,” “Weak Dollar,” What About a Gold-Backed Dollar? →

Bitcoin: A Tower of Monetary Babel

The promoters of crypto currencies have gushingly touted them as the mechanism by which the present central banking cabal and the system of nation states which derive much of their power from will be brought down and replaced by digital money. Despite their meteoric rise as speculative “assets,” there are fundamental economic reasons why they … Continue reading Bitcoin: A Tower of Monetary Babel →

The Ultimate Regulatory Reform: Abolish Fractional Reserve Banking!

The Trump Administration has presented the first part of its plan to overhaul a number of Wall Street financial regulations, many of which were enacted in the wake of the 2008 financial crisis. The report is in response to Executive Order 13772 in which the US Treasury Department is to provide findings "examining the United … Continue reading The Ultimate Regulatory Reform: Abolish Fractional Reserve Banking! →