Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Written by Gary North on January 2, 2016
I devoted the May/June, 1982 issue of Tentmakers, to the subject of health insurance. I discussed the problem facing all covenantally obligated churches, namely, the threat of a catastrophically expensive illness or injury, which strikes a member of the church who is not covered by medical insurance. The church has obligations to care for that […]
Continue reading →Written by Gary North on November 21, 2015
Your family is underinsured. This is easy to say, since almost all families in the United States are underinsured. If you were to die tomorrow, your wife would have a tough time surviving on the proceeds of your insurance policy — unless you have a very good looking wife under age 30. making rapid remarriage […]
Continue reading →Written by Gary North on June 20, 2015
For students of the Ron Paul Curriculum. . . . Here is why you should take me seriously. I was born in 1942. I have seen what works and what doesn’t. I have a Ph.D. I am rich by most Americans’ standards. I have never been divorced. I am in good health — and have […]
Continue reading →Written by Gary North on February 18, 2015
The suckers who did not sell the S&P 500 on March 24, 2000 broke even yesterday: February 17. It closed at 2100. On March 24, 2000, the S&P 500 peaked in terms of purchasing power. It closed at 1527. Go to the inflation calculator of the Bureau of Labor Statistics. It is here. Type in […]
Continue reading →Written by Gary North on October 30, 2014
I begin with a chart. This tracks the yield curve for U.S. Treasury debt. The curve is the interest rate that investors are paid to turn their money over the the Treasury, meaning to Congress. This curve looks very steep. It is very steep. But take a closer look at it. The top rate is […]
Continue reading →Written by Gary North on October 4, 2014
Recently, I had some fun with John Mauldin’s 65th birthday. I kidded his strategy. Mauldin is famous in the financial publishing industry for his pioneering strategy of publishing articles by some of the nation’s most astute financial commentators in his weekly newsletter. Then, a year later, when some columnist’s warning comes true, investors around the […]
Continue reading →Written by Gary North on October 2, 2014
MarketWatch ran an article promising never to have another photo of traders on the New York Stock Exchange. There is a reason for this: there aren’t any. Well, there are a few. But most of them are gone. They have been replaced by algorithms. What has happened to the commodity trading pits has happened to […]
Continue reading →Written by Gary North on September 26, 2014
One year ago, Jim Willie made a big mistake. He wrote off Murray Rothbard as a dolt. He did not mention Rothbard by name. He was too smart for that. He simply dismissed Rothbard’s description of how the Federal Reserve System works. Jim Willie thought he knew better. I warned him about this. He ignored […]
Continue reading →Written by Gary North on December 3, 2013
In 1637, the tulip bulb investment mania peaked in Holland. It had made some people rich. Now it was about to make others poor. Bulb prices rose steadily throughout the 1630s, as ever more speculators wedged into the market. Weavers and farmers mortgaged whatever they could to raise cash to begin trading. In 1633, a […]
Continue reading →Written by Gary North on November 29, 2013
I hereby make a prediction: Bitcoins will go down in history as the most spectacular private Ponzi scheme in history. It will dwarf anything dreamed of by Bernard Madoff. (It will never rival Social Security, however.) To explain my position, I must do two things. First, I will describe the economics of every Ponzi scheme. […]
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