Via Jeff Thomas of InternationalMan.com,
Recently, I was in a pharmacy and overheard the pharmacist say to someone, “There’s so much unpleasantness on the news these days, I’ve stopped watching.” The pharmacist has my sympathy. I’d love to be able to ignore the deterioration of the First World. It is, at turns, tedious, depressing, disturbing, and infuriating.
Via Ron Paul of The Ron Paul Institute for Peace & Prosperity,
History shows that, if individuals have the freedom to choose what to use as money, they will likely opt for gold or silver.
Of course, modern politicians and their Keynesian enablers despise the gold or silver standard. This is because linking a currency to a precious metal limits the ability of central banks to finance the growth of the welfare-warfare state via the inflation tax. This forces politicians to finance big government much more with direct means of taxation.
Having thrown the Justice Department under the bus yesterday, it appears the FBI Director has not managed to pass the hot potato of blame/responsibility for Trump's wiretap accusations. As The Hill reports, a White House spokeswoman on Monday said she "doesn't think" Trump accepts Comey's denial of the president's claims.
At the end of January, the Euro soared following an FT piece in which Trump's trade advisor and director of the White House National Trade Council, Peter Navarro, launched what was then seen as the first shot in the transatlantic trade wars, when he accused Germany of using a “grossly undervalued” euro to "exploit the US and its EU partners", comments which triggered alarms in Europe’s largest economy.