The problems facing the United States under the Articles of Confederation provide a nullification lesson for today. When states refuse to cooperate, the central government can't get a whole lot done. (more…)
Read moreFed Pumping Up Money Supply at Record Speed to Monetize Massive U.S. Debt
The federal government continues to borrow and spend at a staggering rate. On March 1, the national debt pushed above $28 trillion for the first time. This rate of borrowing wouldn't be possible without the Federal Reserve monetizing the debt through quantitative easing. In practice, the central bank buys U.S. Treasuries on the open market,..
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