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Elephants in the Room

Is it not heartening to politicians to seize and distribute today’s wealth and promise more in future obligations knowing that erosion of the value of fiat currency will reduce the burden of government...

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The Moral Vacuum

Secularism has banished the most inconvenient traditions of the centuries, and the moral vacuum left in its place is seen as liberation. People may behave as they wish, so long as they tithe support to...

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Policy Solutions, Part One of Four

Some think of my book as just another rant against socialism, therefore a rejection of solutions that would involve extensive use of government. But sprinkled throughout the book are not-so-subtle...

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Policy Solutions, Part Two of Four

The early Romans honored familia, virtus, and dignitas, but the later citizens of the Empire exalted the machinery of the state and fell from excessive hubris. History has shown that the regressive tax...

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Policy Solutions, Part Three of Four

The printing of money used to replenish the financial system may cause inflation — whether or not this series of radical measures is adopted. It will monetize public and private debt, and the key to...

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Policy Solutions, Part Four of Four

The elites who are above the grip of the gluttonous taxes on ordinary income and estates in the United States have a huge vested interest in continuance of the fiat money system operated at the hands...

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Bernanke to World: We’re Going to Fiddle While Rome Burns

In Jackson Hole, Wyoming today Fed Chairman Ben Bernanke said the risk of an “undesirable rise in inflation or of significant further disinflation seems low.” Yup, can’t argue with that. If you are...

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If Gold Were Money Again

Why not gold? Even though it made an advance to some $1,000 per ounce by mid-year 2008, shortly thereafter it plunged to less than $700 per ounce. At $800, on an inflation-adjusted basis it would only...

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The Real Reason for QE2

The Fed’s announcement that it will buy approximately $600 billion of US Treasury securities or more in the coming months has, for the first time, provoked the ire of conservatives such as Sarah Palin....

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Fiat Currency Fever: The Causes

Note: Any resemblance of this parody to an article published recently by the New York Times is purely intentional. It is part religion, part politics. It is a way to voice a lack of confidence in...

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