Politics
For the first time since 1996, central banks’ foreign exchange holdings hold more gold than US Treasuries.
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Jeffrey Miron Grocery bills are climbing again—up 3.2 percent over the past year—and nearly half of Americans say food prices are their biggest source...
The recent murder of a young woman on the Charlotte, North Carolina, light rail highlights the casual attitudes that progressives in government have toward...
What really concerns the Fed is ensuring rising asset prices for Wall Street while pushing cheap credit to finance federal deficits.
For the first time since 1996, central banks’ foreign exchange holdings hold more gold than US Treasuries.
Nixon’s 1971 decision didn’t just close a gold window—it opened the door to a fiat future of perpetual inflation, asset bubbles, moral hazard, and...