Should small businesses that have been forced to shut their doors seek redress from the government? You cannot fault companies for seeking compensation from the state in these trying times since they had been mandated to end operations. Should the coronavirus pandemic linger, many entrepreneurs expect their companies will not survive. According to a new […]
Money
Did China, Russia declare war on the U.S. dollar?
By: Andrew Moran The U.S. dollar has been on a roller coaster ride in 2020. It went from one of the top-performing currencies in international markets to cratering 7% in only a few months. As the Federal Reserve embarks upon an inflationary campaign and investors become more confident in global financial markets, the dollar is […]
REPORT: 25% of coronavirus-related temporary layoffs will be permanent
A virus that has a low mortality rate has caused so much permanent damage to the U.S. economy that governments should be sued for malfeasance. The Doomers got it wrong so many times that they have lost all credibility anytime they warn of a second wave or resurgence. According to a new report by Goldman […]
LOL: Ex-Zimbabwe central banker says Ben Bernanke got QE idea from him
Here are two tweets that will make your jaw drop. The former head of the Zimbabwe central bank sympathized with the Austrian School of Economics. Former Federal Reserve Chair Ben Bernanke got the idea about quantitative easing from Zimbabwe. Huh? That’s the claim from Nick Giambruno. Here are the tweets: 1/2: One time I met […]
Inflation not only destroys money, it threatens your liberty
By: Andrew Moran The way the U.S. government and the Federal Reserve have responded to the economic fallout of the Coronavirus pandemic has been something out of a Marx Brothers skit. Groucho aptly described the art of politics when he quipped, “Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying […]