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Tom Woods

Thomas E. Woods, Jr., is the 2019 winner of the Hayek Lifetime Achievement Award from the Austrian Economics Center in Vienna. He is a senior fellow of the Mises Institute and host of The Tom Woods Show.

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Dumbest magazine cover

07-17-2024

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Take a look at this New Yorker cover:

So the Democrat appointees to the Supreme Court are all their own people, but the Republican ones are all clones of Trump.

I don't think I've ever used this abbreviation in the newsletter before, but:

LOL.

And as Glenn Greenwald points out, Amy Coney Barrett has voted with the Court's left-liberals numerous times, and John Roberts cast the decisive vote to save Obamacare.

This is all lost on the left. Their entire worldview is a fantasy.

It's not just the Court, obviously. It's everything. They are at war with reality.

The way this fantasy world affects the average American most directly involves inflation.

When I look around and see not just the cost of food but also of so many other critical items dramatically rising, I have the same thought I'll bet you yourself have: how are ordinary people surviving this?

The official line is that price inflation is caused by corporate greed, which means we're expected to believe that corporate greed was vastly lower for years at a time, and then suddenly -- and all at once -- went through the roof.

This is a juvenile explanation, obviously.

The one institution they won't mention is the Federal Reserve, which was created under the inspiration of the country's wealthiest bankers, after a Jekyll Island meeting under assumed names. They have zero interest in or suspicion about this.

Imagine having so little curiosity.

Very often you hear people in our circles urge the purchase of gold and silver. Nothing wrong with that, of course. I myself own some gold and silver.

But rather than let it just sit there, I make it work for me so it can hedge me better against inflation. Monetary Metals, where two of my friends work, pay interest on your silver and gold, in silver and gold. So if you're going to own silver and gold anyway, put it to work, doggone it! That's why I've had an account there for two years.

This is a market solution to a government-created problem, and thus the kind of thing my readers are interested in.

Their latest silver bond actually pays accredited investors a very nice 12% annual return, in silver.

I can report doom and gloom to you every day, or I can offer solutions. Today it's a solution. This is how I've been holding on to the value of my own wealth, so I thought you might like to know about it.

In Argentina, Javier Milei has been pushing food price inflation way, way down. That's a country going in the right direction.

As for us, we'll need to take matters into our own hands and guard what we've earned.

The link:

https://www.tomwoods.com/fightback

Tom Woods

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Tom Woods · P.O. Box 701447 · Saint Cloud, FL 34770 · USA

07-16-2024

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