February 7th, 2017 • In 1850, French economist Frédéric Bastiat published an essay that is misunderstood, or more often, unread, titled, “That Which is Seen, and That Which is Not Seen.” Bastiat brilliantly introduced the idea of opportunity cost and, through the parabl
Utah Bill Would Set Stage For State Gold and Silver Depository, Further Encourage Use of Metals as Money
February 6th, 2017 • A bill introduced in the Utah legislature would build on the state’s Legal Tender Act, creating a foundation for further action to encourage the use of gold and silver as money, and take another step toward breaking the Federal Reserve’s monopoly on m
January 31st, 2017 • A Virginia bill that would remove sales taxes from some purchases of gold and silver unanimously passed the House last week. The legislation would take an important first step toward encouraging its regular use as currency and breaking the Federal Reserve
January 30th, 2017 • Fortunately, Arizona is one of the states whose laws acknowledge that charging sales taxes on money itself is beyond the pale. But, at least for now, Arizona tax authorities still unjustly impose income taxes on gold and silver.
January 24th, 2017 • Sound Money principles can serve to help grow the economy and restrain government. The political class, however, doesn’t particularly want to restrain itself. Short of a currency crisis that forces a monetary revolution, sound money reform efforts will
January 10th, 2017 • The U.S. will never go back on a gold standard. The notion that a U.S. Dollar backed by gold would solve our financial problems is pure folly. Why? Because, if the U.S. Empire didn’t abandon the gold standard in 1971, it would have collapsed decades
December 19th, 2016 • The Electoral College is part of our constitutional system. The Federal Reserve isn’t – or at least wasn’t ever supposed to be. Central banks that print fiat money are antiquated and unconstitutional. The Founders warned against the dangers of centr
December 13th, 2016 • Post-election airwaves and publications today are filled with bad news, good news, and fake news. You already know all about fake news. There is, however, a more sinister threat behind fake news than just slandering actors and politicians.
December 7th, 2016 • President-elect Donald Trump will soon have the opportunity to put his stamp on the Federal Reserve. And that is making the elite body of central bankers nervous.