French businessman and economist Jean-Baptiste Say is credited with identifying the fundamental economic principle that aggregate demand for goods in an economy will equal the aggregate supply of goods when markets are permitted…
Category: Political Opinion
Ron Paul – Gold is Good Money
Last year the Chairman of the Federal Reserve told me that gold is not money, a position which central banks, governments, and mainstream economists have claimed is the consensus for decades. But…
Ron Paul – Beware the Coming Bailouts of Europe
The economic establishment in this country has come to the conclusion that it is not a matter of “if” the United States must intervene in the bailout of the euro, but simply…
He Chose Well
By: Paul Tustain David Cameron was today forced in Brussels to choose between the free market and the vanities of overreaching politicians… TODAY is a very sad day. We believe that the…
Obama Gets Real
By: Peter Schiff, CEO of Euro Pacific Capital For most of his time as a national political figure, Barack Obama has been careful to cloak his core socialist leanings behind a veil…
On the Super Committee
This week marks the deadline for the so-called congressional Super Committee to meet its goal of cutting a laughably small amount of federal spending over the next decade. In fact the Committee…
European Debt Crisis Threatens the Dollar
The global economic situation is becoming more dire every day. Approximately half of all US banks have significant exposure to the debt crisis in Europe. Much more dangerous for the US taxpayer…
In Defense of the 1%
By: Peter Schiff, CEO of Euro Pacific Capital Last week, I spent the afternoon visiting the Occupy Wall Street demonstrations in lower Manhattan. I brought a film crew and a sign that…
Ron Paul – The Fed Twists, The Market Shouts
Last week the Federal Reserve began the second incarnation of “Operation Twist”, an attempt to drive down interest rates by purchasing long-term Treasury debt and selling short-term debt. This is just the…
When a Cut is Not a Cut
By: Dr. Ron Paul, U.S. Congressman One might think that the recent drama over the debt ceiling involves one side wanting to increase or maintain spending with the other side wanting to…