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Covid Tyranny Destroys the Myth of “Liberal Democracy”
In recent decades, any challenges to the reigning hegemony of American leadership, NATO allies, and a network of neoliberal NGOs, financial institutions, and corporations has often been depicted as threats to "liberal democracy." This charge has been aimed...
The Great Keynesian Coup of August 1971: Fifty Years Later
On August 15, 1971, the last remains of what had been a magnificent monetary system died a terrible death, and the American academic, political, business, and media elites led the cheers. The Dow Jones...
Yet Again, the Media’s Covid Narrative Doesn’t Add Up
If one were to go only on what one reads or sees in the media, one would think it’s the spring of 2020 all over again. The headlines are filled with stories of overcrowded...
The Crime of ’71: When Nixon Ended the Dollar’s Last Connection to Gold
Almost fifty years ago, on August 15, 1971, the US administration under President Richard Nixon (1913–94) abolished the gold redeemability of the US dollar. It was through this unilateral decision that the world's major...
How Nixon and FDR Used “Crises” to Destroy the Dollar’s Links to Gold
Since August 15, 1971, the US dollar has been completely severed from gold. President Richard Nixon suspended the most important component of the Bretton Woods system, which had been in effect since the end...
How Nixon and the Rockefellers Teamed Up to Destroy the Dollar
August 15 marks a special date in American history: it commemorates the fiftieth anniversary of President Richard Nixon’s suspension of Bretton Woods. With this decision, the United States stopped redeeming foreign governments’ and banks’ dollars...
The End of the Sound Economy
Murray Rothbard made the point to us in his US Economic History class at UNLV that economic downturns used to be called “panics.” But, the government believed that word to be too scary for the...
The Pentagon and the Generals Wanted This Disastrous War
In early July, Ron Paul penned a column titled “It’s Saigon In Afghanistan,” invoking the imagery of the fall of Saigon in 1975, when US military helicopters scrambled to evacuate personnel from the roof...
The Demise of the Gold Standard
This is the fiftieth anniversary of the demise of the gold standard and the beginning of the current fiat paper standard. Many will say “good riddance” to gold and “thank goodness” for the “good...
Medical Errors and the Cult of Expertise in the Age of Covid
Ever since the covid panic began in February of this year, medical personnel such as doctors and nurses have been treated to a level of hero worship generally reserved for the government's soldiers and cops....