Debt Isn’t a Problem — Easy-Money Policies Are the Problem

By: Frank Shostak According to the flow of funds data published by the Fed, the US debt to GDP ratio remains at a lofty level. Non-financial sector debt as a percentage of GDP stood at 251.7% in Q3 2016 against 230.1% in Q1 and 184.3% in Q1 … [Read more...]

5 random things for Friday (how much does U.S. pay for NATO?, trust in media, Ron Paul on abortion)

News Story of the Day: Keynesian economist Paul Krugman doesn't think the Federal Reserve should raise interest rates, adding that the United States central bank should increase its inflation target rate above two percent, he said in an interview … [Read more...]

Peter Schiff: ‘Inflation is headed up’ on both producer, consumer level

Rampant inflation in the United States is just around the corner, warns one financial guru. And you're already beginning to see signs of this in many different areas of the economy as well as on a consumer and producer level. Speaking in an … [Read more...]

U.S. household debt at highest level since 2008: Federal Reserve study

Americans are continuing their love affair with debt, says a new study from the Federal Reserve. According to a new report from the United States central bank, household debt levels have surged to their highest levels since 2008 as households … [Read more...]

Ron Paul warns Donald Trump’s tax plan won’t work without spending cuts

United States President Donald Trump has said that he will announce a tax plan soon, one that will likely consist of tax cuts, though not for the rich. A tax cut is always welcomed, but what about spending cuts? That is what former Texas … [Read more...]

Housing Bubble 2.0: FHA mortgage delinquencies jump in Q4 first time since 2006

As the boom and bubble persists, we are starting to see more signs that it is 2006 all over again. The Federal Housing Administration (FHA) mortgage delinquencies spiked in the fourth quarter for the time since 2006, a time when the housing bubble … [Read more...]

Scary: Thomas Piketty joins socialist campaign in French election

If you thought the socialists in France wouldn't get any worse then you would be mistaken. If the socialists somehow hold onto power in the next presidential election, you will see Thomas Piketty playing a vital role in government … [Read more...]

Study: U.S. falls to 17th place in 2017 global economic freedom index

The economic freedom in the United States has fallen once again, says a new report from the Heritage Foundation. For the ninth time in the last 10 years, America's standing in economic freedom has dwindled, a revelation that shows the 44th president … [Read more...]

Chart: Top state exports in 2015

What does each American state export to the rest of the world? Rather than working in sweatshops or producing snow globes, Americans are producing and exporting computers and electronics, transportation equipment and chemicals. Here is a chart from … [Read more...]

Jim Rogers: Governments ‘love’ war on cash, ‘they can control you’

The war on cash is only accelerating. In every corner of the world, there is a state or a central bank that is looking to abolish cash in the name of protecting you against criminals. Despite governments' lies, deceit and scandal, the average person … [Read more...]