Archive for February, 2013

Will the U.S. Nationalize Gold Within its Borders?

Will the U.S. Nationalize Gold Within its Borders?
Money manager Peter Schiff predicts, “We are headed for a monetary crisis, a dollar crisis. . . . Money supplies are going to explode, and gold supplies are going to be constricted.” According to Schiff, that means only one thing, “The price of gold has one way to go in the long term, and that...
February 25th, 2013 | Audio-Video, Future of Money, Resources | Read More

Two Awful Anniversaries: Income Tax and Federal Reserve

Two Awful Anniversaries: Income Tax and Federal Reserve
by Steve Forbes This year marks the 100th anniversary of the federal income tax (February) and the Federal Reserve System (December), both of which today are doing immeasurable harm. And, thankfully, both will be undergoing enormous changes. Income taxes punish the very things we want more of: productive...
February 18th, 2013 | Popular Articles, Resources | Read More

Economists say independent Scotland ‘should keep pound’

Economists say independent Scotland ‘should keep pound’
ByRachel Cooper The future currency of Scotland, assuming a “yes” vote in next year’s vote on independence, has been questioned by supporters and opponents. Some argue Scotland would have to adopt the euro as a consequence of gaining full EU statehood, while others have called for...
February 15th, 2013 | Popular Articles, Resources | Read More

What Happens when Uncle Sam’s Sugar Daddy Runs out of Canes?

What Happens when Uncle Sam’s Sugar Daddy Runs out of Canes?
The Wall Street Journal’s Real Time Economics Blog recently reported that, according to new CBO projections, the Federal Reserve will cease its annual “payments” to the US government by 2018. You’re probably wondering two things: 1. Why the heck would the Fed be funding the government—shouldn’t...
February 13th, 2013 | Commentary, Featured, Scholars' Corner | Read More

Virginia Takes First Step Toward Sound Money

By Norm Singleton This week, the Virginia House of Delegates passed Delegate Bob Marshall’s HJ 590. This legislation authorizes a study of the feasibility of Virginia adopting a “metallic-based” “currency” to protect the citizens of the Old Dominion in the event of a collapse of the US Dollar....
February 11th, 2013 | Blogs, Resources | Read More