When Government Separates Choices from Consequences
• https://thedailyeconomy.org, Donald J. BoudreauxFrom tariffs to "free" public services, government policies routinely transfer the costs and consequences of individual choices onto someone else.
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From tariffs to "free" public services, government policies routinely transfer the costs and consequences of individual choices onto someone else.
Special LIVE Saturday Show: Could The Gov Seize XRP After Chilling FDIC Admission? Gas Prices Hit Record High, WOF Announcer Fired Over Pedo Chats, Are Trump's Beef EO's The Real Thing? Tune In & Share The Link Now As Alex Jones Breaks Massive Ne
Mainstream economists insist that recessions can only be cured by increasing government spending, a doctrine popularized by Keynes and his followers and defended even by prominent economists who have only half-jokingly suggested manufacturing crises
Wrapped in the viral $20 burrito is the strange phenomenon of having more and more, while simultaneously having less and less.
Trump says 'you haven't seen anything yet' after jobs report crushes forecasts... as he issues blunt ultimatum to Fed over rates
Rising yields are turning sovereign debt from an abstract fiscal problem into an immediate budget constraint.
We're told "inflation" is just needing more dollars to buy stuff – not that the stuff actually costs more. This is bullshit. I can prove that it is bullshit.
The Internal Revenue Service (IRS) is structurally collapsing from within, similar to the fall of the Soviet Union. The agency is in such a bad state--with a 27% workforce reduction and declining audits--that it cannot pursue the estimated 80 milli
In the last issue, I reviewed Patrick Wood's then most recent book (p. 68), The Final Betrayal, on how technocracy has gone into overdrive with the Trump administration whereby the promotion of 'accelerationism' is designed to unravel the exist
Its government borrowed more than twice its GDP. The reckoning economists persistently predicted never arrived. Rates fell towards zero, debt kept growing and nothing broke.
When the Fed monkeys with interest rates, it blindfolds the economy, spins it around, and puts banana peels along paths where it encourages it to go.
The United States has crossed $40 trillion in gross federal debt, and Washington will treat it as another unfortunate milestone before returning to the business of spending money it does not have.
"You shall not crucify mankind upon a cross of gold."
Best-selling Rich Dad Poor Dad author Robert Kiyosaki said he owes a whopping $1.2 billion tied to his extensive real estate holdings, the New York Post reported.
Every dollar in circulation was born as an obligation, issued into existence against a bond somebody has to service.
The Natural Equilibrium
Welcome back to Impact Theory. In today's episode, I dive deep into the wild ride happening right now in the bond market and what it means for the future of the US dollar and the global economy.
The US government is now spending $3.8 billion on interest PER DAY.
The Federal Reserve's fixation with "stable prices" has led to an unstable economy for the past century.
The term "regulatory arbitrage" typically refers to the practice of structuring financial or business activities to take advantage of more favourable regulatory treatment in different jurisdictions.
50 Survival Lessons From The Great Depression: The Horrifying Things Americans Did When Money, Jobs, & Hope Disappeared
In this video, Silver Dave gives the inside scoop: silver shops are overwhelmed with sellers - not buyers!
The Bank for International Settlements is warning that near-record public debt and the growing role of hedge funds and other nonbank financial institutions have created what it calls a "fiscal-financial stability nexus."
One day after veteran commodities strategist Jeff Currie told investors to "get long and buckle up" for the next leg of the commodities rally, UBS strategist Sagar Khandelwal issued a similarly bullish call, urging clients to "position for a commodit
We Aren't Supposed to Live This Way
White House Ditches Outdated Climate Nightmares For Real-World Policy – Removing 'worst-case scenario predictions' from 'economic & regulatory rules, federal research funding, & millions in infrastructure misallocation'
In this episode of The Timeless Investor, Arie van Gemeren breaks down how this ancient text perfectly diagnoses the terminal illness of modern finance: substituting compliance for honor, and hiding behind "information asymmetry" to extract profit fr
"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion or later as a final an
The American people are complaining about affordability. The prices of groceries, automobiles, movies, clothes, gasoline, rent, mortgage payments, and just about everything else are soaring. Many Americans are having a very difficult time making ends
Weekends and holidays are the perfect time to catch people off guard…