“A lie repeated often enough, is still a lie believed by most.” What year, 1921 or 2006, did Congress awaken to the fact that it could use the Federal Reserve System to obtain revenue without taxes? When did deficit spending become institutionalized? When did the gradually increasing issuance of Treasury bonds from the Fed provide […]
“Under the gold standard, a free banking system stands as the protector of an economy’s stability and balanced growth… The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit… In the absence of the gold standard, there is […]
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It looks as if Silver may make a run up going forward as an expression of price and geometry from the recent low of $21 up towards $28 before its final big drop in a year or so down to $15 dollars. After the New Year the Fed is NOT expected to taper, however with […]
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