On the the next radio program: "Living & Investing in a Dystopian Digital Currency World" David McAlvany, Michael Oliver & Quinton Hennigh are guests.
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Weekly Initial Jobless Claims Rise to 744,000!

A Pfennig For Your Thoughts April 8, 2021 * Currencies are back on the rally tracks this morning...  * Gold & Silver recover nicely and head north!  Good Day… And a Tub Thumpin’ Thursday to you! My beloved Cardinals got out ... [Read More]

The Annapolis Convention: The Beginning of the Counterrevolution

[Chapter 12 of Rothbard's newly edited and released Conceived in Liberty, vol. 5, The New Republic: 1784–1791.] By 1787, the nationalist forces were in a far stronger position than during the Revolutionary War to make their dreams of central power ... [Read More]

Hungarian central bank boosts its gold reserves by 3000% in less than 3 years

With its latest purchase, Hungary's central bank has tripled its gold reserves to 94.5 tonnes, and since 2018 its gold reserves are up 3000%. Continue reading... The central bank of Hungary, the Magyar Nemzeti Bank (MNB), has just announced a ... [Read More]

VAWA Balkanizes Rights, Cynically Erasing Male Indians

The Violence Against Women Act (VAWA) embodies a political trend that cripples human rights in the guise of crusading for them. This trend is the balkanization, or fragmentation, of rights. Recently passed by the House, VAWA has moved to the Senate, ... [Read More]

Clarifying the Economic Framework for Both Camps in the Bitcoin Debate

Bob helps to clarify the Bitcoin debate. On the one hand, the “no intrinsic value” skeptics are ignoring how Austrians deal with gold, while on the other hand, the “HODL forever” enthusiasts would never allow Bitcoin to become a money. Mentioned in ... [Read More]

What Could Go Awry?

All of which sounds very pretty indeed, but it does raise a question: can risk really be destroyed, or can it only be transferred? And if it can only be transferred, then what's it been transferred to? What a remarkable moment in time: every asset ... [Read More]

Rewinding the Mainspring of Human Progress

By: Gary GallesHenry Grady Weaver worked through many jobs on the way to becoming director of customer research for General Motors, which landed him on the November 14, 1938 Time cover. But virtually no one remembers that. Now he is best known for ... [Read More]

We don’t have free markets!

  Have you ever heard someone complain that the free market is to blame for the problems we face? What most people don’t realize is that they are barking up the wrong tree. We don’t ... [Read More]

Inflation Is All Around Us…

A Pfennig For Your Thoughts   April 7, 2021   * currencies rally again on Tuesday... * Gold & Silver have a good Tuesday, but are down today...    Good Day… And a Wonderful Wednesday to you! That was a real ... [Read More]

Biden’s Last Throw of the Geopolitical Dice

Alasdair Macleod, Chen Lin and Michael Hudson return as guests this week on the radio program. One reality American policy makers overlook is that the basis for strong nations is a strong economic footing. Believers in the Keynesian fairy tale ... [Read More]

Decentralization Is a Step toward Self-Determination

Ludwig von Mises understood that locally based governance "follows necessarily from the principle of the rights of man.” And it's why Rothbard supported secession and local governance right down to the most local level possible.  Original Article: ... [Read More]

Why Beijing Wants a Digital Yuan

The Chinese regime hopes it can use a digital yuan to challenge the supremacy of the US dollar. That brings a host of geopolitical advantages, as well.  Original Article: "Why Beijing Wants a Digital Yuan?" This Audio Mises Wire is generously ... [Read More]

Monetary Policy in America Is a Mess. Things Are Even Worse in Europe.

High inflation takes off where political forces are too strong to permit the implementation of harsh remedial measures with respect to taxation and monetary policy such as to prevent an implosion of the national currency. In the contemporary global ... [Read More]

Fed Transparency Won’t Get Us out of the Mess the Fed Created

In an interview with National Public Radio’s “Morning Edition” program on Thursday, March 25, 2021, Fed chair Jerome Powell said that even with the economy rebounding faster than expected, any change in monetary policy would happen “very, very ... [Read More]

Biden and Janet Yellen Are Pushing a Global Minimum Tax Rate. The EU Is Very Pleased.

It has long been a dream of central planners and interventionists to set a global, uniform tax rates for all regimes. These globalists know that so long as sovereign states have the ability to freely set their own tax rates, some regimes are tempted ... [Read More]

Major League Baseball Punishes Georgians for the Acts of a Handful of Politicians

Georgia has new voter laws, and as could have been anticipated, they are polarizing. For the Left, they are infringements akin to Jim Crow; for the Right, they are commonsense reforms to counter voting fraud. The corporate press—never one to turn ... [Read More]

Peter Klein: When Policy-Makers Discover The Benefits of Entrepreneurship, They Can’t Resist Intervening

Innovative entrepreneurship is the segment of the entrepreneurial economy that is especially highly focused on innovation via new products and services. Within innovative entrepreneurship there is an even brighter spotlight on NTBF — new ... [Read More]

Currencies Rally In The Overnight Markets…

A Pfennig For Your Thoughts   April 6, 2021   * Gold & Silver rally in the overnight markets...  * Mortgage bonds are in peril...    Good day… And a Tom Terrific Tuesday to you! My beloved Cardinals got back on ... [Read More]

The Marxist Origins of James Burnham’s Foreign Policy

By: David Gordon A recent post by Francis P. Sempa on the University Bookman site offers valuable information on the genesis of James Burnham’s Cold War global crusading. Burnham, who worked after World War II as a CIA agent, was the dominant ... [Read More]

GDP Hides the Damage from the Covid-19 Lockdowns

Government money printing may goose GDP, but It will do nothing to fix the losses that millions have suffered from covid restrictions and lockdowns.  Original Article: "GDP Hides the Damage from the Covid-19 Lockdowns" This Audio Mises Wire is ... [Read More]