Democracy is DEAD, World War Looms - Why GOLD is Our Last Defense: Marc Faber
Marc Faber doesn't hold back in his assessment of current U.S. government policies, the destruction of democracy in Western nations, the needless wars…
Will declining Asset Prices lead to a Reverse Wealth Effect and Recession?
Monthly Market Commentary: April 1, 2025
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Will declining Asset Prices lead to a Reverse Wealth Effect and Recession?
Last month, I discussed briefly the views of Murray Rothbard about The Difference Between the Market and the Bureaucracy. Subsequently I read an interesting essay by Rothbard entitled Why the Bureaucracy Keeps Getting Bigger, which is adapted from Bureaucracy and the Civil Service in the United States, which originally appeared on September 14,…
Marc Faber
The Importance of the Study of Human Action and Behavior
I have to confess that when I completed my studies in economics with a PhD magna cum laude in 1969, I had never heard the names of the great contemporary “Austrian School” economists such as Friedrich von Hayek (1899 – 1992), Ludwig von Mises (1881 – 1973), and Murray Rothbard (1926 – 1995). Later, when I acquired my book collection relating to…
The Inefficiencies of Governments are leading Societies towards Corruption and Crony Capitalism
The Association of Mature American Citizens (Amac), published in January an article entitled The Biden Legacy: Nearly a Trillion in Improper Payments by Rachel Greszler who wrote that, “The fiscal year 2024 data are in, and they show that the Biden administration has overseen a record $926 billion in improper and unknown federal payments since…
The Consequences of Asymmetrical Monetary Policies
Tom McClellan (www.mcoscillator.com) wrote recently about the similarities between 1978/1980 oil stock bubble and the current period: “1980 was when President Reagan defeated the incumbent President Jimmy Carter to win election. Reagan's victory was both anticipated and celebrated by Wall Street, as he was seen as a ‘transformative’ candidate with…
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