Learn how to beat the Market with award-winning investment newsletter writer Dr. Mark Skousen
My Secret Plan to Convert Students to Free-Market Economics and Sound Investing
“The philosophers have only interpreted the world in various ways: the point, however, is to change it.” — Karl Marx on his tombstone (1883) In the 1930s, the Marxist philosophy Antonio Gramsci (1891-1937) wrote “The Prison Notebooks” while in prison. In these notebooks, he came up with a brilliant idea to convert the world to Marxism and state socialism. […]
Did the Fed Stop Reporting the Money Supply (M2)? Why Inflation is Coming Back
“Inflation is not a problem for this time as near as I can figure. Right now, M2 [money supply] does not really have important implications. It is something we have to unlearn.” — Jay Powell, Fed Chairman Reports are circulating that the Federal Reserve has given up on reporting the money supply because it’s a […]
Special Alert! President Biden Bans Bitcoin, Institutes Fed Dollar
“Successful preservation of capital must overcome the handicaps of socialist governments, supposedly to help the masses.” — Gerald Loeb (quoted on p. 149 in “The Maxims of Wall Street”) The headline is fiction. Today is April Fool’s Day. But it could happen. Billionaire guru Ray Dalio warned last week that Biden’s Treasury Secretary Janet Yellen will “probably ban Bitcoin” […]
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