One of the most pernicious aspects of the Federal Reserve’s response to the financial crisis was how it incentivized people to take on more and more debt. With an economy that was driven to new lows due to non-creditworthy borrowers taking on more debt than they could afford, you would think that the Fed would […]
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China has long been one of the world’s largest consumers of food. With nearly 20% of the world’s population, the country is both a major consumer and major producer of food. Like most other large countries, China imports significant amounts of food in order to feed its people. And with two major threats to its […]
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To hear the financial media tell it, the US economy is going great. There are more job openings than unemployed people, companies are falling all over themselves trying to find workers, and the future is bright. But behind the headline numbers, the labor market is showing serious signs of weakness. That weakness is the result […]
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With the surge in Bitcoin’s popularity in late 2017 you would think that the whole world had heard about Bitcoin by now, but there are many people who still haven’t. Thankfully that number of people who haven’t heard of Bitcoin continues to decrease year by year. Overall the number of people who have heard of […]
Continue ReadingThis article was originally posted on Goldco.
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The media, in its push for ever stricter gun control, loves to trumpet every instance of a school shooting in which large numbers of people are killed. Those instances are trotted out as typical examples of US gun culture run amok. But the media is often curiously silent when active shooters are stopped from committing […]
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If you’re like most people, you’ve probably never heard of the Latin Monetary Union (LMU). The LMU was a monetary union established in the 19th century to unite the currencies of several European nations into a currency union somewhat analogous to the current Eurozone. The LMU countries adopted the French franc as their standard currency, […]
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Millions of Americans have dreams of retiring and living the life they’ve always wanted to. But many of their plans rely on everything to happen absolutely perfectly in order for those dreams to be fulfilled. If anything should go wrong, their dreams will end up dashed to pieces. Even the best-laid plans, those in which […]
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For over a hundred years, the biggest debate among handgun shooters has been: 9mm or .45? American soldiers were issued revolvers in various .45-caliber cartrdiges such as .45 Colt from the 1870s onward. But in 1893 those single-action revolvers were replaced with the double-action Colt M1892, which was chambered in .38 Long Colt, which featured […]
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Agrochemical behemoth Monsanto was never been very popular among environmentalists and advocates of healthy nutrition. Its key role in developing genetically modified organisms (GMOs) and its marketing of pesticides throughout the world have made it for many people a prototypical example of corporate greed. It’s not for nothing that it gained the nickname “Monsatan.” But […]
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