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.