Dr. Steve Davies sat down with Jeff Rubin to discuss the key question: when should libertarians support foreign interventions? It is an interesting question to ask and should perhaps be simplified by this: when your country is attacked or faces an imminent attack then it is justified to engage in foreign interventions. What the United […]
Archives for January 2017
Federal Reserve Boom Continues – Money-Supply Growth Accelerates in Late 2016
By: Ryan McMaken The supply of US dollars accelerated during late 2016 with October’s year-over-year percentage increase in the money supply hitting a 46-month high of 11.2 percent. The YOY growth rate fell slightly to 10.3 percent in November. This comes after a long period of relatively sedate growth in the money supply through most […]
Tom Woods crushes basic income guarantee like a pixie cup
If you read this website then you likely already know of Tom Woods. If not, then you should certainly check him out by listening to the “Tom Woods Show” and “Contra Krugman.” With the idea of the basic income guarantee now being tried out in several jurisdictions around the world, particularly in Finland, which generated […]
Whoa! Venezuela raises minimum wage by 50%, the fifth time in a year
The Venezuelan government announced on Sunday that it will raise the minimum wage by 50 percent as part of efforts to combat inflation. Socialist Venezuelan President Nicolas Maduro confirmed that to shield workers from the world’s highest inflation rate he will install a minimum monthly salary of 40,683 bolivars. This is equal to $60 under […]
Week in Review: Jan. 2 to Jan. 8
In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: MAGA? Ford says it will stop $1.6 billion plant in Mexico, create 700 jobs in U.S. Let the basic income begin – Finland gives 2,000 citizens money for […]