The origin of money, the history of central banks, the operation and destruction of the gold standard, the rise of inflation and massive government debt, the disastrous bailouts of 2008 – it’s all covered in an outstanding hour-long documentary appearing on PBS stations around the country. It is called In Money We Trust. It features…
When people talk about the economy, they generally focus on government policies such as taxation and regulation. For instance, Republicans credit Pres. Trump’s tax cuts for the seemingly booming economy and surging stock markets. Meanwhile, Democrats blame “deregulation” for the 2008 financial crisis. While government policies do have an impact on the direction of the…
A lot of people labor under a misconception that President Donald Trump opposes the Federal Reserve. While the president has leveled a great deal of criticism at the central bank in recent months, he has never opposed the Fed in principle. He’s merely expressed frustration that the central bankers won’t implement the monetary policy he…
Herman Cain, the former Godfather’s Pizza CEO and 2012 Republican Presidential candidate, is reportedly under consideration by the Trump administration for a seat on the Federal Reserve Board. Cain, 73, was in the White House on Wednesday, according to people connected to the issue. Two seats on the Fed Board are vacant, but the possibility…
Johnson does not want to audit the Fed – he wants to abolish it! by Aya Katz In a recent interview on Kitco News, Gary Johnson stated that he would gladly sign legislation to abolish the Federal Reserve. On the other hand, the Libertarian presidential candidate had grave misgivings about merely auditing the Fed, warning that might…