By: Dan Sanchez The Federal Reserve is a key component of the American Transfer State. Under the guise of “macroeconomic management,” it redistributes vast amounts of wealth on an ongoing basis through inflation. The victims of these transfers are ordinary Americans. The beneficiaries are the government and its elite cronies. The Fed masks the nature […]
Archives for March 2016
Ron Paul: Bernie Sanders is ‘a part of the military industrial complex’, Trump and Clinton are the same
Is there a difference between Hillary Clinton and Donald Trump? From a libertarian point of view, there isn’t, says former Texas Republican Congressman Ron Paul. The three-time presidential candidate was interviewed by CNN during Super Tuesday and was asked for his opinion on the 2016 race for the White House. In typical Paul fashion, he […]
Alan Greenspan attacks negative interest rates, says it will ‘warp’ savings and investment
As central banks all over the world gradually dive into the world of subzero interest rates, former Federal Reserve Chair Alan Greenspan warns that it will eventually “warp” savings and investment. Speaking in an interview with Bloomberg News, the former head of the United States central bank said that he wouldn’t call the policy of […]
Is your neighbor a lottery winner? You might go bankrupt soon
The concept of keeping up with the Joneses is a ridiculous one. The idea is that you have to also have the big televisions, new cars and a larger house because your neighbors, friends or acquaintances do, too. At the same time, you also have to put yourself into debt. What’s the point of it […]
Despite economic slowdown, eating out as become the norm for indebted Canadians
The Canadian economy isn’t all sunshine and roses (SEE: Falling loonie, rising food prices, selfie-obsessed PM – a look at Canada’s economic collapse), and it likely won’t be for quite a longtime. This hasn’t stopped Canadians, who are suffering from record-high debt levels, from eating out on a regular basis. Using data from Restaurants Canada, […]