For the first five months of the 2025 fiscal year, federal spending is coming in at the highest level ever. This is true even when we adjust for CPI inflation.
The price of gold recently surpassed $3,000 per ounce for the first time in history. For perspective, gold was around $1,185 per ounce in 2013 and just $265 per ounce in 2000. The price has increased more than tenfold in the last 25 years and is up even more in foreign currency terms, owing to the strength of the dollar. Yet the average portfolio has a negligible amount of gold in it, despite it performing similarly to stocks […]
The more I study science, and particularly medicine, the more I come to see how often fundamental facts end up being changed so that a profitable industry can be created. Recently I showed how this happened with blood pressure, as rather than causing arterial damage, high blood pressure is a response to arterial damage that ensures damaged arteries can still bring blood to the tissues and, in turn, rather than helping patients, aggressively lowering blood pressure can be quite […]
submitted by /u/AbolishtheDraft [link] [comments]
With people calling for an audit of the US gold stores at Fort Knox, perhaps we should remember how that gold got there in the first place. Franklin Roosevelt‘s theft of gold from the American people is a crime that still needs to be rectified.
Took this from /loicense sub submitted by /u/different_option101 [link] [comments]
Tweet I here try once more to explain why I disagree – uneasily, to be sure – with my dear friend David Henderson on the question of the relationship between imports and exports. (My previous post in this vein was convoluted although, I think, correct.) The passage that sparked this intellectual disagreement is this one, written by Veronique de Rugy: One of the biggest fallacies about trade is that the ultimate value of trade for a country is […]
When President Trump’s first term began, he inherited a slew of circuit court vacancies. However, for his second term, there are likely to be far fewer circuit court seats to fill. By my count, Trump can make appointments to fill one seat on the First Circuit (Maine), two seats on the Third Circuit (Delaware and New Jersey), one seat on the Sixth Circuit (Tennessee), one seat on the Seventh Circuit (Wisconsin), and one seat on the Ninth Circuit […]
