| |
 | Frank Shostak |
| Inflation Is Not About Price Increases |
| There is almost complete unanimity among economists and various commentators that inflation is about general increases in the prices of goods and services. From this it is established that anything that contributes to price increases sets in motion inflation.A fall in unemployment or a rise in economic activity is seen as a potential inflationary trigger. Some other triggers, such as rises in commodity prices or workers’ wages, are also regarded as potential threats.If inflation is just a generaMonday, November 16, 2020 |
|
 | Lew Rockwell |
 The Truth About War and the State  |
| Not long ago I was thinking about the legacy of Murray N. Rothbard, the brilliant scholar and the creator of the libertarian movement, as well as a dear friend to both Ron and me. Would that movement have come into existence without Murray? I don’t think so. And whatever might have developed in its place would undoubtedly have been less pro-peace, and more willing to reach an accord with the warfare stSaturday, September 5, 2020 |
|
 | Nathan Lewis - New World Economics |
| Where’s The Magic Formula |
| (This item originally appeared at Forbes.com on March 3, 2018.)
https://www.forbes.com/sites/nathanlewis/2018/03/02/wheres-the-magic-formula/#3a4e6da97a01
For some time, I’ve argued that a lot of economic policymaking boils down to the Magic Formula, which is: Low Taxes and Stable Money. There is more to it than this, of course; but if you don’t get the big stuff right, the little stuff won’t matter. So, get the big stuff right, first.
Conversely, when a country runs into trouble, you can usualSaturday, March 3, 2018 |
|
 | Nelson Hultberg - AFR.org |
 The New World Order  |
| “Countless people will hate the New World Order and will die protesting against it.” – H.G. Wells, The New World Order (1939).
“You shall have one world government, whether you like it or not, by consent or by conquest.” – James Warburg, Former Aide to Franklin D. Roosevelt in testimony before the U.S. Senate Foreign Relations Committee, February 17, 1950.
“We are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order.” – DaWednesday, February 7, 2018 |
|
| Nelson Hultberg - AFR.org |
| The Coming New World Order |
| “You shall have one world government, whether you like it or not, by consent or by conquest.” – James Warburg, Former Aide to Franklin D. Roosevelt in testimony before the U.S. Senate Foreign Relations Committee, February 17, 1950.
“We are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order.” – David Rockefeller, U.N. dinner, New York City, Sept 23, 1994.
With the arrival of the 20th century, the authoritarian ideologiesMonday, February 5, 2018 |
|
| Nelson Hultberg - AFR.org |
| Ominous Musings on America – 2018 |
| Decay and despotism invade our lives today like gangrene creeps up the limbs of a wounded soldier in the festering fields of war. Our Washington pols swagger through fulsome milieus of political putrescence and graft. Establishment pundits spew hysterical falsehoods on a daily basis. FOMC bureaucrats print fake money like mountebanks spin shell games to carnival dupes. Special counsel shysters conduct corrupted investigations to overturn the rightful will of the people. Political thuggery masqueTuesday, January 30, 2018 |
|
| Frank Shostak |
| Falling Prices Are a Good Thing |
| There is nothing wrong with declining prices. What signifies industrial market economy under a commodity money such as gold is that prices of goods follow a declining trend.According to Joseph Salerno,In fact, historically, the natural tendency in the industrial market economy under a commodity money such as gold has been for general prices to persistently decline as ongoing capital accumulation and advances in industrial techniques led to a continual expansion in the supplies of goods. Thus thrTuesday, January 16, 2018 |
|
| Lew Rockwell |
| The Fed Friends A transcript of the Lew Rockwell Show episode 001 with Lew Rockwell |
| by Llewellyn H. Rockwell, Jr.
Listen to the podcast
ANNOUNCER: This is the Lew Rockwell Show.
ROCKWELL: Welcome to the first LRC podcast. I want to thank producer, Chris Brunner, and announcer, Harvey Gold, for helping get this enterprise on the road.
Today, I’m not going to talk about Bush’s and Cheney’s rotten wars of aggression already going on in Iraq and Afghanistan, covertly going on against Iran. And they, of course, want to start a full-fledged open war against Iran. I’m not going to talMonday, January 8, 2018 |
|
 | Keith Weiner - Monetary Metals |
| Quantum Change in Gold and Silver Demand, 2 Jan 2018 |
| We hope everyone had a happy New Year.
There is a long informercial airing on American TV. It shows an endless parade of senior citizens, struggling to pay their bills, unable to buy that motorized stairway lift, play golf, or eat out at restaurants. The solution?
Get a reverse mortgage! The number to call is 1-800-GET-CASH. That number again is one eight hundred get your free cash now!
To summarize the point of the commercial—if not the terms of the fine print—the senior gets a monthly check, aTuesday, January 2, 2018 |
|
 | Mish - Global Economic Analysis |
| Progressive Nonsense of the Month: "Guaranteed Jobs" |
| Should people have a guaranteed basic income? How about a guaranteed job?"Down With Tyranny" (DWT) asks What Sounds Better To You-- Guaranteed Basic Income Or Federal Job Guarantee?
That's a lot like asking: Would you rather lose your left leg or right arm to cancer?
Striving for "Full Employment"
DWT claims defines full employment as "everyone seeking a job gets one."
"Federal jobs could provide socially useful goods and services," says the socialist website. The claim is debatable. SomeoTuesday, January 2, 2018 |
|
| Lew Rockwell |
| The First 30 Years of the Mises Institute, and the Future |
| This talk was delivered at the 30th Anniversary Supporters Summit of the Ludwig von Mises Institute, Callaway Gardens, Georgia, on October 26, 2012.
What a thrill to speak to you on this happy occasion of the Mises Institute's thirtieth anniversary. I am delighted that Ron Paul and Andrew Napolitano have been able to join us for this wonderful celebration, along with our great Mises Institute faculty from universities all over the country, some of our excellent students, and some of the generousMonday, January 1, 2018 |
|
| Lew Rockwell |
| The Future of Libertarianism |
| Marxists were notorious for infighting over the most trivial differences. One group would secede from another, reverse the word order of the group it had seceded from, and declare itself the new and pure group. The first group, the new group would declare to the world, was part of the fascist conspiracy to suppress the coming workers’ triumph, even though the differences between the two groups were completely undetectable even to an expert.
An informal debate taking place among libertarians thesMonday, December 25, 2017 |
|
 | Andy Hoffman - Miles Franklin |
| What Happens If Crypto Profits Come Back Into Precious Metals |
| In a recent interview on Sprott Money News, legendary investor Eric Sprott mentioned a potential factor that could be a spark in the gold and silver markets. Specifically, he wondered what might happen if crypto profits continue to grow and some of them are recycled into the gold and silver space.
While many in the gold and silver community are skeptical about the crypto sector, there is also a lot of overlap. Many of the crypto supporters have a Libertarian background, and Bitcoin was essentialSaturday, December 23, 2017 |
|
| Nathan Lewis - New World Economics |
| Applied Mainline Economics (2017), by Matthew Mitchell and Peter Boettke |
| Matthew Mitchell and Peter Boettke are academic economists at the Mercatus Center, a think tank associated with George Mason University. I like Mercatus and its work a lot, as it explicitly builds upon and follows the work of people like F.A. Hayek, Adam Smith, and James Buchanan. I don’t follow the academics too closely, but they often have some good insights, so I was looking forward to a book that might summarize some of those insights and let me know where to look for more detail.
The idea bSaturday, December 9, 2017 |
|
| Mish - Global Economic Analysis |
| An Italian Regulator's Risk-Sharing Plan to "Cure the Eurozone" |
| Marcello Minenna, a division head at the Italian securities regulator, emailed his plan to "Cure the Eurozone".Marcello Minenna, the head of Quantitative Analysis and Financial Innovation at Consob, the Italian securities regulator, pinged me recently with his plan to save the Eurozone.
The plan requires debt guarantees with a catch: The catch is the guarantees have a price: The riskiest countries have to pony up the most for debt insurance.
His thoughts are in a downloadable PDF on Curing the Friday, December 8, 2017 |
|
| Sprott Money |
| India's Continued War on Gold Causes a Monstrous Increase in Silver Imports |
| For anyone that has followed my writing for some period of time,
you will remember the series that I wrote, which broke down
India's
war on gold
and how it was going to fail in its goal - and fail spectacularly it did.
This series went on and through time, my initial estimations were
proven correct - the officially reported number of gold imports did indeed
crash, but this was simply because the black market exploded. Smuggling of gold
into India increased dramatically and all kinds of
innFriday, November 17, 2017 |
|
 | George F. Smith - Barbarous Relic |
| When will free markets emerge |
| If someone asked you to define “free market,” could you?Could you do it on the spot without recourse to dictionaries or other crutches?
There’s an old tale about the origin of the term “laissez-faire” that gets to my point. Here’s the write-up in Wikipedia:
The term laissez faire likely originated in a meeting that took place around 1681 between powerful French Comptroller-General of Finances Jean-Baptiste Colbert and a group of French businessmen headed by M. Le Gendre. When the eager merFriday, November 10, 2017 |
|
 | Jan Skoyles - GoldCore |
| Why Switzerland Could Save the World and Protect Your Gold |
| – Precious metals advisor Claudio Grass believes Switzerland can serve as an example to rest of world
– Switzerland popular for gold storage due to understanding of the risks inherent in fiat money and gold’s value as a store of wealth.
– International investors opt to store gold in Swiss allocated accounts due to tradition of respecting private property.
– Country respects the importance of gold ownerships and 70% of world’s gold is refined there
Across Europe many voters and politicians are eFriday, November 3, 2017 |
|
| Sprott Money |
| Catalan Slaps the Government of Spain Across the Face, Officially Declares Independence - Nathan McDonald |
| UPDATE:That's how fast news on this situation is moving: as I just finished
putting "digital ink" to "digital paper", the
separatist region of Catalan has declared independence in the face of all
the push back they are receiving from Spain. In the face of the veiled threats
and potential violence, they have voted to embark down their own path.
Following a vote by the Catalan parliament, speaker Carme
Forcadell has the following to say;
“We constitute the Catalan Republic as an independent and Friday, October 27, 2017 |
|
| George F. Smith - Barbarous Relic |
| An outrageous proposal — or not |
| A cry could be heard from somewhere in the room.
No one was surprised. This had been an unthinkable outcome for those in attendance, and a sense of quiet shock had overtaken everyone. This was not a G7 or a G20 summit. It was a meeting deliberately without a label. It would never again happen. It couldn’t.
The leaders of the world’s states had gathered to find solutions to the problems they feared were threatening human life on earth. They were reminded of the incessant wars, the likWednesday, October 25, 2017 |
|
|
