Silver as an investment

Category Archives: keynesianism

Stockman: US Entry Into World War I Was A Disaster

Authored by David Stockman via The Daily Reckoning, 103 years ago, in 1914, the Federal Reserve opened-up for business as the carnage in northern France was getting under way. And it brought to a close the prior magnificent half-century era of liberal internationalism and honest gold-backed money. The Great War was nothing short of a […]

Ron Paul Warns “Cashless Society” Is About “Authoritarians Clinging To Power”

The global dollar-based monetary system is in serious jeopardy, according to former Texas Congressman Ron Paul. And contrary to Fed Chairwoman Janet Yellen’s assurances that there won’t be another major crisis in our lifetime, the next economy-cratering fiat-currency crash could happen as soon as next month, Paul said during an interview with Josh Sigurdson of […]

Do Wars Help or HURT the Economy?

Does Defense Spending Stimulate the Economy and Create Jobs … Or Is It BAD for the Economy? Preface: Trump wants to drastically increase military spending.  At the same time, France, China, Japan and other countries are ramping up their military spending. An understanding of the effect on the economy is therefore timely. A number of […]

“I’m A Bernie Sanders Voter.. Here’s Why I’ll Vote Trump”

Authored by Eric Zuesse, Sometimes, things in politics are the opposite of the way they seem. The Presidential contest between the ‘liberal’ Hillary Clinton’ and the ‘conservative’ Donald Trump is perhaps the most extreme example of this — for ten reasons that will be documented here. I have never voted Republican in my life, starting […]

John Maynard Keynes’ “General Theory” Eighty Years Later

Authored by Antonius Aquinas, To the economic and political detriment of the Western world and those economies beyond which have adopted its precepts, 2016 marks the eightieth anniversary of the publication of one of, if not, the most influential economics books ever penned, John Maynard Keynes’ The General Theory of Employment, Interest and Money.  Sadly, […]

Money Supply Arguments Are Flawed

by Keith Weiner   It goes without question, among economists of the central planning mindset, that if a central bank can just set the right quantity of dollars[1], then the price level, GDP, unemployment, and everything else will be right at the Goldilocks Optimum. One such approach that has become popular in recent years is […]

From Reflation To Redistribution: The “War On Inequality” Looms

The bigger picture narrative, according to BofAML's Michael Hartnett, is that the policy baton is passing from Monetary to Fiscal stimulus in 2016/17. Simply put, central bank rate cuts are ending; and new policies to address the populist desire for a "War on Inequality" are emerging. This 'fiscal flip' – as Hartnett describes it – […]

Burning Down The House

Submitted by Jeff Thomas via InternationalMan.com, Recently an article appeared in Forbes magazine that recommended a universal basic income (UBI) for all citizens. The writer, who is from the UK, argues that: “we can indeed afford a UBI at an entirely reasonable level within the confines of the amount that we already tax. So thus […]

Economists DESTROY the Myth that War Is Good for the Economy

Debunking the Stubborn Myth that War Is Good for the Economy About.com notes: One of the more enduring myths in Western society is that wars are somehow good for the economy. It is vital for policy-makers, economists and the public to have access to a definitive analysis to determine once and for all whether war is […]

Examining American Exceptionalism

Submitted by Stephen Bergstrom via The Saker blog, On the surface, American exceptionalism appears to represent a boldly-stated concept but when contrasted to the subtleties of personal experience, the lessons and flow of history and individual geographically-rooted place, horribly small-minded and delusional, conceivable only as a statement by a crazed, power-hungry overlord to an underling. […]