Economy
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The Fed Balance Sheet May Be a Side Show But It’s Worth Watching
(Mike Maharrey, Money Metals News Service) Did you know the Fed has already loosened monetary policy? While everybody focuses on the prospect of a Federal Reserve interest rate cut and salivates in the hope of easier money, most people completely ignore the other prong of central bank monetary policy – the Fed balance sheet. As…
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National Debt Blows Past $35 Trillion (Yawn)
(Mike Maharrey, Money Metals News Service) “I go on the principle that a Public Debt is a Public curse and in a Rep. Govt. a greater than in any other.” – James Madison On July 26, the national debt blew past $35 trillion for the first time. We are now cursed with a debt of…
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IRS Employees Owe $50M, Despite Monitoring Americans’ Money
(Dmytro “Henry” Aleksandrov, Headline USA) A new audit by the Treasury Department’s inspector general found that IRS employees and contractors owe a collective $50 million in back taxes, who happened to be the same people who are constantly counting every penny in the wallets of the American taxpayers. The Daily Wire reported that, of the…
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Are Government Statistics Concealing the Truth About the Economy?
(Clint Siegner, Money Metals News Service) Americans are questioning all sorts of government functions these days. For example, the majority of people, according to polls, have doubts as to whether U.S. elections are free and fair. Some believe the federal justice system has been weaponized and used against those in political opposition. As of two…
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Volker vs. Voldemort: ‘Hermione’ Lookalike Gets Kid-Friendly Lesson in Inflation
(Mike Maharrey, Money Metals News Service) If you listen to politicians and pundits, you might think price inflation isn’t so bad. If you have to buy stuff out there in the in the real world, you know better. Heck, price inflation is so bad, even kids realize something is wrong. @karislambert Cost of living really…
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Sound Money Advocacy and Precious Metals: A Conversation with Stefan Gleason
(Money Metals News Service) In a recent episode of The Morgan Report, host David Morgan interviewed Stefan Gleason, Chairman of the Sound Money Defense League and President and CEO of Money Metals Exchange. The conversation explored the principles of sound money, the significance of precious metals in the financial system, and the ongoing legislative efforts to…
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Harris Refuses to Acknowledge Inflation Increase During Her Tenure
(Headline USA) Kamala Harris refused to acknowledge inflation in her campaign speeches on economic policy. Shortly after Joe Biden left the race a week ago, Harris began to craft a new narrative around the economy. Not once in speeches in Wisconsin, Indiana or Texas did she mention the word “inflation.” Inflation was the overwhelming economic…
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Kamala Channels Inner Marx: ‘Everyone Ends Up in the Same Place’
(Luis Cornelio, Headline USA) Vice President Kamala Harris has recently used rhetoric reminiscent of Karl Marx, the author of The Communist Manifesto, in her attempts to define “equity.” A video compilation shared by the conservative page End Wokeness on Friday showed Harris discussing the concepts of “equitable distribution” and “everybody ends up in the same place.” These…
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Support Sound Money: Bring Back Gold Clause Contracts
(Mike Maharrey, Money Metals News Service) One of the ways the government maintains its fiat money system is by throwing up legal and regulatory roadblocks to those wanting to use real money such as gold and silver. Reviving the use of gold clause contracts removes one of those barriers. The principle behind a gold clause…
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Did Joe Biden Give Us a Record Breaking Stock Market?
(Mike Maharrey, Money Metals News Service) According to your friends on Facebook, Joe Biden has gifted us with record-breaking stock market highs. Is this true, or is something else going on? It is true stocks have soared to new heights multiple times over the last several months. So, what does President Biden have to do…
