Last week, I elucidated that the Fed printed the dollars, usually as instructed by Congress, President, or various un-elected bureaucracies, as is required by the Constitution.  Do the various state, county, and local bureaucracies, contribute to inflation?  The answer, is NO.  They have to deal with ever decreasing value dollars, as that’s what they have […]

Tuesday night (3/14/23), PBS had a two-hour special on the Federal Reserve, and after two hours, I arrived at the following conclusions. The Fed is an absurdity, and most of it should not be in existence. Where in the Fed’s charter, does it give it permission to set “interest rates,” for America?  The interest rate, […]

Picture this:  A widow is sifting through her late husbands’ safe, and realizes he has provided well for her, in the form of silver and gold.  As maybe millions of others, who have come across gold and silver, which they did not buy, and who are not economically ‘well versed,’ and to be kind, they […]

On December 23, 1667, a 14.717 acre Island in New York Harbor was sold to Isaac Bedloe.  In 1732, his estate sold it to the U.S. Government for an undisclosed price.  The island had always been called “Oyster Island,” due to the huge number of oyster beds surrounding it.   It was named “Bedloe’s Island” […]