gold

Last week, the World Wildlife Fund proclaimed May 10 to be Europe’s “Overshoot Day,” the day that Europe consumed its portion of Earth’s resources for the year.

Gold buying rose spectacularly in 2018 led by the world’s central banks, which increased their physical purchases by 651.5 tonnes.

In February President Trump proposed a $4.4 trillion budget for 2018 and projects a budget deficit for 2019 almost double his estimate last year.

Several major central banks around the world, including the Federal Reserve in the United States, have set a goal of two percent price inflation. The problem is, what central bankers are targeting is a phantom that does not exist.

David Ricardo (1772-1823) was one of the most influential economic theorists of the first half of the nineteenth century.

John Nothdurft and Donny Kendal present episode #70 of the In The Tank Podcast. Donny and John review 2016 and make predictions about 2017.

If advocates of freedom were to make up a list of New Year’s resolutions for 2016, one of the most important items should be ending government’s monopoly control over money. In a free society, people in the marketplace should decide what they wish to use as money, not the government.

It is hard for people to grasp the magnitude of the U.S. debt problem—and what the ultimate “day of reckoning” will be. The national debt reached $1 trillion for the first time in 2009. It is now well over $18 trillion. That’s the official total; the real total is much higher. Lawrence Kotlikoff, a professor of economics at Boston University, has calculated that based on Congressional Budget Office data the real debt is $202 trillion, more than eleven times the official debt. It is also about 3 times what the entire world produces, that is, global gross domestic product (GDP), which is $72 trillion. In 2013 Kotlikoff updated his debt calculation to $222. That’s $700,000 per person, $1.9 million per household.

Chris Casey, Managing Director at WindRock Wealth Management, sits down with the founder of Cryptohippie and author, Paul Rosenberg to talk about Bitcoin. Casey and Rosenberg answer all the most frequently asked question regarding the virtual currency.

Eighty years ago, in the autumn of 1934, there appeared in English one of the most important books on money and inflation penned in the twentieth century, The Theory of Money and Creditby the Austrian economist, Ludwig von Mises. Even eight decades later, it still offers the clearest analysis and understanding of booms and busts, inflations and depressions.

Alexander Hamilton was America’s first Secretary of Treasury under President George Washington. When he first entered office in 1789, America was an agricultural nation of just 4 million still broke…

For more than two hundred years, practically all of the leading advocates of individual liberty and free markets have assumed that money and banking were different from other types of goods and markets. From Adam Smith to Milton Friedman, the presumption has been that competitive markets and free consumer choice are far better than government control and planning – except in the realm of money and financial intermediation. They have been wrong on this important issue.

Seventy-eight years ago, on February 4, 1936, the British economist John Maynard Keynes (1883–1946) published what soon became his most famous work, “The General Theory of Employment, Interest, and Money.”…