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Government debt is junk investment, but the markets treat it as gold. That is because government greases the skids, keeping its paper from the...
America’s industrial revolution didn’t just happen. It came about because of the free market initiatives that came from the Andrew Jackson presidency.
Mark Thornton explains the gold and silver selloff.
Contrary to what the Modern Monetary Theory advocates and their Chartalist allies are claiming, the 1690 colonial Massachusetts issuance of fiat money did not...