News Story of the Day: What a difference a generation makes. For years, the Chinese people were known for saving their money. They were better at it than Americans. In the United States, the national savings rate is a putrid three percent. In China, it was in the double digits. Well, it turns out that […]
Archives for August 2019
How the central banks’ ZIRP hides the inflation tax
By: Brendan Brown Under the regime of the two-per-cent inflation standard, governments are levying a vast new tax. This shows up nowhere in public sector or private sector accounts and has so far created little if any resentment among those subject to its burden. Many live in the illusion that there is a continuing escape […]
Senator demands probe into Federal Reserve independence after Dudley op-ed
After former New York Federal Reserve Bank William Dudley effectively encouraged the central bank to prevent President Donald Trump’s re-election, a senator is now requesting an investigation into the Eccles Building’s independence. As we all know, the Fed is not an independent institution. Some will contend that it is privately-owned and others will make the […]
FAKE NEWS: MSNBC’s Lawrence O’Donnell retracts ‘bombshell’ Trump-Russia story
How many times have anchors, journalists, and pundits gotten it wrong in the age of President Donald Trump? From pearl-clutching to outright fake news, the mainstream media is losing credibility – and fast. The latest example is MSNBC and Lawrence O’Donnell. He claimed earlier this week that a “single source close to Deutsche Bank” told […]
WATCH: Ayn Rand disciple Yaron Brook talks to Ben Shapiro
Ben Shapiro’s Sunday Morning Special has been pretty good as of late, nabbing an interview with Piers Morgan. His latest sitdown is with Yaron Brook, the chairman of the board of the Ayn Rand Insitute. It’s a great discussion that dives into a variety of topics, from Ayn Rand to economics to altruism.