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Keyword: currencydebasement

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  • DOGE has had its day: A government-wide freeze on hiring is over and the federal deficit has reached a record $38 trillion in the past month

    11/24/2025 8:20:12 PM PST · by SeekAndFind · 23 replies
    Spectator World ^ | 11/24/2025 | Jacob Heilbrunn
    DoGE has been DoGE’d. The once fearsome government efficiency office has been shut down eight months before its contract officially ends in July 2026. What was supposed to be an organization that exploded traditional ways of running the federal government has turned into a damp squib. It was established by President Trump on the first day of his second term in office. Headed by Tesla chief Elon Musk and entrepreneur Vivek Ramaswamy (who resigned early on to run for Ohio governor), it struck the kind of fear into government bureaucrats that a visit from the Red Guards might instill during...
  • Can Trump control inflation?

    11/18/2025 9:22:41 PM PST · by SeekAndFind · 40 replies
    Spectator World ^ | 11/17/2025
    Notionally, Americans have never been better off. The ructions in tech stocks over the past few weeks cannot detract from the fact that the US economy has been outgunning other developed economies all century. The overall graph of real disposable income for Americans continues to trend upward, almost as if the sharp dip during the pandemic had not happened. That is certainly not true everywhere: in many countries, Covid has been followed by stagnation in GDP and wages. Yet, for all the wealth generated, many Americans simply do not feel that they are living in a thriving country. On the...
  • It’s the cost of living, stupid: The MAGA agenda will only succeed if Americans feel material relief

    11/18/2025 9:12:28 PM PST · by SeekAndFind · 28 replies
    Spectator World ^ | 11/17/2025 | Bridget Phetasy
    What’s clear is that the 2024 election was not the final boss. It didn’t destroy wokeism. You have to picture the spider in The Lord of the Rings, Shelob, crawling back into her cave after being stabbed by Samwise. Is she injured? Yes. Dead? No. She will probably be back to kill you. Republicans and pundits and podcasters will come up with all sorts of reasons for the latest losses (including blaming the Jews), but it comes down to fundamentals. Ground game. Optics. And of course, “It’s the economy, stupid!” The GOP has no ground game in part because it...
  • Those Dark Clouds Are the Debt

    11/16/2025 9:00:26 AM PST · by E. Pluribus Unum · 9 replies
    Foundation for Economic Education ^ | Sunday, November 16, 2025 | Douglas Carswell
    Mississippi turns a corner, but can the federal government?The future for our state looks bright. In just the past five years, Mississippi has seen more economic growth than in the entire 15 years before that combined.We’re on track to phase out the state income tax entirely, allowing families to keep more of what they earn. Mississippi has attracted a surge of new investment, and for the first time in years, our workforce participation rate is finally heading in the right direction.Zoom out, and the picture gets even better. Contrary to the endless gloom from the pundits, the American economy has...
  • Doug Casey on the Death of Privacy… and What Comes Next

    05/27/2023 4:06:24 PM PDT · by george76 · 14 replies
    International Man ^ | MAY 27, 2023 | Doug Casey
    International Man: In practically every country, the allowable limit for cash withdrawals and transactions continues to be lowered. Further, rampant currency debasement is lowering the real value of these ridiculous limits. Why are governments so intent on phasing out cash? What is really behind this coordinated effort? Doug Casey: Let me draw your attention to three truths that my friend Nick Giambruno has pointed out about money in bank accounts. #1. The money isn’t really yours. You’re just another unsecured creditor if the bank goes bust. #2. The money isn’t actually there. It’s been lent out to borrowers who are...