“The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.”
Jefferson’s chilling warnings about unchecked fiat, paper money printing proved prophetic as the U.S. plunged into its first boom-bust economic crisis in the early 19th century. Path to Liberty, Fast Friday Edition: April 19, 2024...
The Biden administration has launched a full-press propaganda campaign to convince you that the economy isn’t that bad. According to the White House spin team, you don’t have to worry about that recession anymore. They fixed it. And how did they fix it? They...
By mid 2008 almost everybody knew that we were in deep financial trouble. But the forces that brought it about actually began decades ago with The Community Reinvestment Act in 1977. This legislation “forced lending institutions to grant mortgages to people whose...
Here’s a reply I just wrote to an email asking me where a certain person got the idea that the economy was in recession 40% of the time in the nineteenth century. I am calling the person X, because he’s about the most uncharitable (and uncomprehending) antagonist...