Central planning in communist countries always failed. The Federal Reserve is the United States version of Central planning.
When I heard about the 2 oil tanker explosions off the Iranian Coast, It made sense that Iran was behind it
This “conversion” may start out as an optional choice, though you are already free to buy Treasury bonds whenever you want. But as Karl Denninger of the Market Ticker Web site reports: ” “Choices’ have a funny way of turning into mandates, and this looks to me like a raw admission that Treasury knows it will not be able to sell its debt in the open market–so they will effectively tax you by forcing your “retirement’ money to buy them.”
Newt Gingrich, Peter Ferrara
February 18, 2010 | Investor's Business Daily
I bring you today professors, Brion McClanahan and Kevin Gutzman, courtesy of the Tom Woods Podcast