Sound Money Scholarship Awards $13,500 to 9 Outstanding Students
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.
Biden Hilariously Fact-Checked Following Ludicrous '0%' Inflation Claim
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.
How Deficits Cause Hyperinflation
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
Our Coming Zombie Economy
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
What a Gold Standard does to America
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
How Paper Money Turns Governments into Predators
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
Inflationary Growth is Fake News
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
Against a 3 Percent Inflation Target
September 4th, 2023 • There is no good reason to accept a higher inflation target. All the arguments for it rely on dark-age macroeconomics, which should have stayed buried with the stagflation of the 1970’s.
The Monetary Mistakes Behind the Downfall of Cleopatra and the Last Dynasty of Ancient Egypt
August 23rd, 2023 • It turns out that Egypt was no exception to the rule that governments can’t be trusted with money.
Inflation Is a Giant "Skim" on the American People
August 18th, 2023 • Simply put, inflation is a giant “skim”—perpetrated in a symbiosis of money creation by bankers and government-affiliated central bank bureaucrats, the two institutions with the power to create money from nothing. Inflation creates a nice, cushy exi
Breaking News Headlines
- SMDL Penned Op-Ed Appears In Maine Publication Advocating Elimination of Sales Tax on Sound Money
- SMDL Featured in Florida Publication on Ending Sales Tax Threshold on Purchases of Gold and Silver
- Paper Money as a Weapon of War
- Ruining the Money
- The Re-Emergence and Death Knell of Century Bonds
- Alabama Reaffirms Gold and Silver As Legal Tender
- WATCH: Gold’s Historic Race to Reclaim Role as Preeminent Reserve Currency
- The Coinage Act of 1792: Then and Now
- Three Kentucky Citizens and America’s Top Precious Metals Retailer Sue Gov. Andy Beshear for Illegal Sales Tax Seizures
- Kentucky Governor Vetoes Gold Bill, Legislature Expected to Override
- Idaho Reaffirms Gold and Silver As Legal Tender Read All
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