Nixon’s decision four decades ago to end the gold-exchange standard was a catastrophic error. Today, sustainable global prosperity requires the restoration of sound money.
Is economic growth the highest priority in Obama’s Washington?
What would Vladimir Ilyich Ulyanov, better known as Lenin, think of modern American history, all the way up to and including President Obama?
Cash for clunkers is another lesson in how a bureaucratic economy operates, one which denizens of European welfare states and their 30 percent lower standard of living know all too well.
The best investment plays are now overseas: all dollar-denominated assets are going to be punished as this stimulus spending kicks in.
Without it, we will be facing stagflation.
Increased speculation in oil futures is not a cause of rising oil prices, but rather an effect of those prices.
The Fed’s weak-dollar policy has had disastrous consequences. Strengthening the greenback must now be a top priority.
Will the U.S. economy improve or worsen between now and Election Day in November?
The Fed needs to strengthen thedollar in orderto promotelong-run prosperity and maximal growth.