It All Comes Back to NATO

It All Comes Back to NATO

When the Bush Administration announced in 2008 that Ukraine and Georgia would be eligible for NATO membership, I knew it was a terrible idea. Nearly two decades after the end of both the Warsaw Pact and the Cold War, expanding NATO made no sense. NATO itself made no...
From the Nixon Shock to Biden-flation

From the Nixon Shock to Biden-flation

This month marks fifty years since President Richard Nixon closed the โ€œgold windowโ€ that had allowed foreign governments to exchange US dollars for gold. Nixonโ€™s action severed the last link between the dollar and gold, transforming the dollar into pure fiat currency....