Laissez-faire is an economic philosophy which emphasizes a social system based upon individual rights, including private property rights, and voluntary exchange. The principles underlying this system are responsible for some…
Money
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Days after receiving help from the Russian government in restructuring some of its crushing debt burden, this week the cash-starved government of Venezuela and its state oil company have been…
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The success of the war on cash seems to be accelerating. A new survey by US Bank finds that 47 percent of consumers prefer to use digital apps to make…
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You know you are back in an economic bubble when the mortgage finance industry wants to enable financially inexperienced consumers to obtain mortgages worth tens or hundreds of thousands of…
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An interesting public-relations ploy in the mortgage finance industry is to never refer to rising prices as inflation. Instead, industry representatives always refer to it by the more palatable, and…
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On the campaign trail, candidate Trump often derided the Federal Reserve System for its easy money policy, and its former and current chairmen Ben Bernanke and Janet Yellen for their…
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Once a given economy has been subjected to the nightmare of hyperinflation, one would think everyone who survived would have learned their lesson. But if you made that assumption about…
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The word “capitalism” gets used quite loosely and seems to always be the scapegoat for the various economic and social problems afflicting society. High prices, economic crashes and instability, corporate…
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The latest Republican effort to overhaul the US tax code includes provisions to help businesses thrive and create a more favorable environment for creating more American jobs. The Tax Cuts…
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Tapping into the benefits of the precious yellow metal, the traditional safe haven, and the power of cutting-edge blockchain technology, GoldMint, a blockchain-based platform registered in Singapore, aims to make…