While Nixon is usually blamed, LBJ played a large role in the gold standard's demise.
"QE serves only to enhance the divide between the uber-rich and the struggling middle class and those struggling to reach the middle class."
"Substantial liquefied natural gas exports to Europe are simply a politician’s pipe dream."
It's a great distraction from his serial bungling.
Abenomics won't work, and Japan's debt burden is only getting worse.
The nation has its own unfunded liability problem.
Rapidly expanding central-bank balance sheets threaten the global economy.
Many of the controversial pipeline's key supporters and key opponents are merely self-interested.
Obama's policies benefit large and powerful interests at the expense of others.
Low-wage workers will gain nothing; trade unions might see a boost.
The ratings agencies engaged in fraud, but the government that seeks to punish them for it is no less guilty.
The political economy of the United States enters a self-destructive phase.
New banking standards are pushing a rush for gold. Why isn't America joining in?
Can natural gas save the United States?
Unprecedented national debt and unreliable sources of imported oil leave the United States in a dangerous predicament.
A resource surplus made rapid technological progress possible. Now abundant, cheap fuel is disappearing—and modern life may not be far behind.
The newest controversy over oil pipelines is a distraction from the more fundamental problems in the administration's energy policy.
All fiat currencies eventually go to zero value, and usually they do it in less than forty years. We now are in year forty-one.
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