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The COVID Crisis Supercharged the War on Cash
The corona crisis has already taken a very high toll and caused deep damage in our societies and our economies, the extent of which is yet to become apparent. We have seen its impact...
The Market Economy Has Been Replaced by a “Fiat Economy”
The COVID-19 pandemic has torn the veil off what we can now can call a "fiat market. It has stripped away all pretense of a true market. Governments and central banks now create both supply and demand. Bailouts and subsidies are...
The Dangers Posed by State-Controlled Digital Currency
It doesn’t require too dark an imagination to realize the gravity of the concerns over the digital yuan. China is a true pioneer when it comes to surveillance, censorship, and political oppression, and the digital...
How Central Banks Destroy Money’s Purchasing Power
Most economists hold that a growing economy requires a growing money stock on grounds that growth gives rise to a greater demand for money that must be accommodated. Failing to do so, it is maintained,...
Unlimited Government: Central Banks and Federal Spending during the Corona Crisis
Q: We’re in a very odd situation right now in terms of evaluating the state of the economy. We can see there is rising unemployment and there is likely to be a wave of missed mortgage...
The False-Positive Panic over COVID-19
Imagine an articulate chief lemming bragging that not only had his followers jumped off a cliff, but that they had done so in far greater numbers than any other slice of the rodents. This...
From Lockdowns to “The Great Reset”
The lockdown in the wake of the coronavirus pandemic has accelerated the implementation of long-held plans to establish a so-called new world order. Under the auspices of the World Economic Forum (WEF), global policymakers are advocating for a...
The Covid Crisis Has Helped Make the Blueprint for a European Superstate
After intense negotiations, long days and nights of clashes, and a distinctly sour note underlying the entire summit, European Union leaders finally agreed on an unprecedented €1.82 trillion ($2.1 trillion) budget and covid recovery...
Albert Jay Nock, Radical
It has happened with every great radical in history: the moment he dies and is safely interred, interpreters and commentators leap in to dilute and bowdlerize his thought and his stature, and often succeed...
A Brief History of the Gold Standard, with a Focus on the United States
To fully understand our current global monetary system, in which all of the major powers issue unbacked fiat money, it is helpful to learn how today’s system emerged from its earlier form. Before fiat...