Rising Interest Rates May Blow Up the Federal Budget
Debt and deficits do matter, and we are about to find out how much they…
Continue readingDebt and deficits do matter, and we are about to find out how much they…
Continue readingThere is no easy solution, and there is no possible painless normalization path…
Continue readingThe more government spends, the less savings will be available for the wealth-generating private sector…
Continue readingWe have an inflation problem created by government spending and Fed counterfeiting. Will government’s reaction to inflation create new problems on top?
Continue readingIt will be very challenging to meet the forecasts for government debt…
Continue readingThe lack of sound money is a primary cause of much of the world’s problems…
Continue readingNaturally, this 21% raise was tucked neatly away in the $1.5 trillion spending bill somewhere inside the 2,700 pages that not a single member of Congress read…
Continue readingThe hangover effect is likely because the large deficit approved for the US budget and the Biden infrastructure plan are pushing inflationary pressures in…
Continue readingSuch tricks can’t last, but it’s flattering to know how terrified the liars are of truth, and despite gold manipulation, we still see…
Continue readingAll of these bad ideas helped create the current supply chain dysfunction. Inflation. Labor shortages. And now we see signs that…
Continue readingEconomic “crisis,” which is really a painful return to economic reality, is inevitable. It’s certainly time to think about…
Continue readingPublic debt is paid off with tax dollars from taxpayers who had no choice in the matter and were not parties to the contracts between the creditors and the borrowers. […]
Continue readingIn 1934, the United States defaulted on the fourth Liberty Bond. The bonds were to be payable in gold. This presented a big problem for the US, which was…
Continue readingLess dovish is not hawkish, and plans for minting a $1 trillion platinum coin would officially make the U.S. a banana republic…
Continue readingThe political benefit to the US government goes beyond just keeping interest rates low…
Continue readingBiden vows to grow government and use it against entrepreneurs and small business owners. We’ve barely begun to…
Continue readingThanks to the Federal Reserve, when the US government needs to borrow another $500 billion or even another trillion dollars…
Continue readingGold & silver have nowhere to go but up, up and away in this totally…
Continue readingSure Mr. Biden, money is cheap. But whose money is it? Biden’s first wide-ranging budget calls for big spending on infrastructure, education and, of course…
Continue readingBiden wants Congress to approve a $6 trillion budget in fiscal 2022. How’s he going to pay for that? Tax, tax and more tax on everyone and…
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