December 6th, 2023 • Marcelo Capobianco is a butcher in Buenos Aires, where he works in a white-tiled room surrounded by dangling hooks, slabs of beef, and a sign that reads “Long live freedom!”
December 5th, 2023 • With the world facing high levels of inflation and financial instability, more students than ever applied this year for the Sound Money Scholarship, the only known gold-backed scholarship program worldwide.
December 5th, 2023 • President Joe Biden faced significant fact-check scrutiny after promoting his economic policies with a claim that inflation "was 0% last month," leading to widespread ridicule from Republican lawmakers, political commentators and Twitter users.
November 27th, 2023 • Last week marked the 100 year anniversary of the end of the Weimar inflation in Germany. In last week's newsletter I wrote about my base case for the next couple years, which is that we're repeating the 1970's stagflation under Jimmy Carter. This week I
October 30th, 2023 • One of the more sobering thoughts at the moment is that, as bad as things are, we haven't even hit the full recession yet. And when it comes, Washington's playbook could deliver a Japan-style zombie economy for decades to come. So despite evaporating job
October 16th, 2023 • What would America look like it we return to the gold standard? Would we return to the stone age, would innovation end as Wall Street bankers and government's paid economists claim? It's easy to talk about the catastrophes unleashed on humanity by paper
October 9th, 2023 • Aside from stealing your life savings and launching depressions, one of the nastier features of paper money is what it does to governments. In short, paper money transforms governments from parasite to predator. Because once a government can print what i
October 6th, 2023 • We live in an era of macroeconomic superstition. Much of what commentators think they know about monetary policy just ain’t so. A recent example is the purported link between economic growth and inflation. In a recent Wall Street Journal article, David