Tag Archives | inflation

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Nixon’s Gold Treachery Made Me a Cynic

American Institute for Economic Research, August 13, 2021 Nixon’s Gold Treachery Made Me a Cynic James Bovard Fifty years ago, on August 15, 1971, President Richard Nixon announced that the U.S. government would cease honoring its pledge to pay gold to redeem the dollars held by foreign central banks. Nixon declared he was taking “action […]

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Biden’s “Will of the People” Malarkey

American Conservative, December 18, 2020 Biden’s ‘Will of the People’ Malarkey Generations of presidents have cited “the will of the people” to legitimize power grabs. The Founding Fathers wouldn’t approve. by James Bovard In his cough-ridden victory speech Monday night, President-elect Joe Biden proclaimed again that “the will of the people prevailed” in the 2020 […]

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Old Coins Taught Me to Never Trust the Government

Mises Institute, July 2, 2020  How Collecting Old Coins Taught Me to Never Trust the Government by James Bovard Old coins vaccinated me against trusting politicians long before I grew my first scruffy beard. I began collecting coins when I was eight years old in 1965, the year President Lyndon Johnson began eliminating all the […]

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Economic Suicide: Federal Reserve Destroys the Dollar

From today’s interview with Press TV.  Their journalist caught me early in the day before I had done any cussing, so I probably wasn’t as caustic as I should have been. ****** Experts are correct in blaming the US Federal Reserve’s policies for a nosedive that the US dollar has taken in value, says an […]

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Wall Street Journal: Don’t Trust the Feds’ Happiness Index

My piece in Monday’s Wall Street Journal on one of the more ludicrous recent efforts to redefine reality… Wall Street Journal Don’t Worry (About GDP), Be Happy With the economy slow and joblessness high, the feds want a new way to measure well-being. by James Bovard In recent years, numerous experts have declaimed that the […]

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