Economist and philosopher Hans Herman Hoppe gives Paul Krugman a very rudimentary challenge on his Keynesian economics of monetary and fiscal stimulus. In classic Hoppe fashion he suggests that questions be asked of Krugman in a childlike manner. Really he is just using the Socratic Method of logical deduction through asking a serious of questions […]
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U.S. Postal Service to end Saturday mail delivery as of Aug. 1
The United States Postal Service announced Wednesday that it will no longer deliver letters or first-class mail on Saturdays starting Aug. 1, 2013. Packages will still continue to be delivered. The mailing agency is expected to unveil a series of drastic cuts Wednesday to tackle its multi-billion-dollar budget shortfall. Since Congress has failed to act […]
Peter Schiff on gold, the dollar, and the U.S. economic collapse
Doug Casey interviews Peter Schiff about the future price of gold as well as the value of the dollar and the future of the U.S. economy. According to Schiff taxes will go up but the biggest tax will be in the form of inflation. It can be avoiding however by owning gold and diversifying out […]
Mark Dice offers random people a free one ounce gold coin
Mark Dice has played this game before. He goes up to random people in Oceanside, California and asks them if they know the price of a one ounce Canadian Maple Leaf gold coin. Dice even gives them a 25 percent to 50 percent. Unfortunately, most people don’t know the answer and lose out on the […]
Canada’s one-cent penny heads into retirement
Today, in Canada, marks the day to the official end of the penny. As of Feb. 4, 2013, the Royal Canadian Mint will no longer circulate the one cent penny and all retailers throughout the country will adopt this. Starting on Monday, all cash transactions will be rounded to the nearest nickel: $1.02 will be […]