Energy

Gas Prices May Drop in Short Term, But Will Likely Stay High

Written by  Bob Adelmann Noting that gasoline prices have risen by 45 cents per gallon since the first of the year, the U.S. Energy Information Administration (EIA) reiterated various causes of the rise in prices (currently $3.75 per gallon at the pump nationwide), such as planned (and unplanned) refinery maintenance …

Banking and Monetary Policy

IF THE BANKS OWN ALL THE GOLD, WHY WOULD WE WANT A GOLD-BACKED MONEY SYSTEM?

by G. Edward Griffin 2009 October 21 One of the most entrenched myths of our modern day is the assumption that (1) the bankers own all the gold and (2) therefore, the concept of a gold-backed money system is a very bad idea, because it would give them even more …