The World Gangs Up on the Dollar

One of our clients’ recurring concerns is the long-term viability of the US dollar as the world’s “reserve currency.” I have a simple answer for them:

The dollar is doomed.

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The Left Embraces States’ Rights

The COVID-19 pandemic has reignited the debate over the rights of individual states versus the federal government. It’s a debate that began before the Constitution was even ratified in 1788.

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What Post COVID-19 America Will Look Like

In the months and years ahead, you’ll do fine and maybe even get rich if you sell weed edibles or become a video game star. If you own a mall, your golden days have passed.

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Is It Time to Take Profits in Gold?

Gold prices, measured in US dollars, rocketed to all-time highs last week, reaching a peak $1,970.90 on July 29.

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No, We Don’t Need Weaker Encryption

During the worst economic downturn in over a century, you might expect that Congress’s top priority would be enacting legislation that helps put more than 32 million unemployed Americans back to work.

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High Seas Piracy Is Legal for Uncle Sam

Piracy is one of the few activities that nearly everyone worldwide condemns. It’s one of three crimes defined in the US Constitution, and the first federal criminal statute, enacted in 1790, set forth the death penalty for any person convicted of it.

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How the War on Drugs Gave Police a “License to Kill”

The War on Drugs is a prime example of America’s gradual descent into a police state. And it’s a textbook case for understanding how cops – once known as “peace officers”...

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Need a Passport? Hope You’re Not in a Hurry…

Just over a century ago, a US citizen could journey to almost any other country in the world without a passport. And until only 15 years ago, you could travel to Mexico, Canada, and most Caribbean countries without one.

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COVID-19 Proves the Nanny State Does More Harm than Good

You might call it the “curse of good intentions”: an action we take upon ourselves or require others to take in the expectation it will improve things for us as individuals or for society.

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Will COVID-19 Accelerate the Dollar’s Extinction?

An economic truth I revisit periodically is that every fiat currency (a medium of exchange without intrinsic value or without backing by a commodity with intrinsic value, such as gold) will eventually became worthless.

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Somersaulting into a Total Surveillance State

Last summer, I spent a weekend in Michigan with a group of old friends from high school. A highlight from the trip was a visit to Sleeping Bear Dunes National Lakeshore.

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We’re All Socialists Now

Last week, Bernie Sanders dropped out of the Democratic presidential race, leaving former Vice President and Senator Joe Biden as the presumptive nominee to challenge President Donald Trump this November.

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Where Did All the Gold and Silver Go?

One of the most effective ways to sell anything is to claim scarcity. You’ve no doubt seen marketing claims that [insert name of product] is “flying off the shelves” and that “supplies are strictly limited.”

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Bankruptcy, Not Bailouts

By the time you read this, Congress may be putting the finishing touches on a $1 trillion bailout to help America cope with the economic fallout from the COVID-19 pandemic.

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Covid-19: A New Front in the War on Cash

“You never want to let a serious crisis go to waste.”
--Rahm Emanuel, former Chicago mayor and advisor to President Barack Obama

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