The .32 ACP pistol cartridge has a long and storied history. It was the first handgun cartridge designed by John Moses Browning, the later designer of the 1911 pistol, and quickly became one of the most popular handgun cartridges in the world. Long a standard cartridge for police forces throughout Europe, handguns chambered in .32 […]
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The massive corporate debt bubble that exists in the United States today is perhaps one of the most under-reported pieces of financial news there is. Even when you do hear about it, it’s as though trillions of dollars of corporate debt is something ho-hum, so ordinary that it doesn’t deserve a second look. But the […]
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It’s no secret that central bankers don’t like competition. Governments of any type don’t, that’s why their governments. They enjoy their monopoly and seek to squelch anything that might threaten it. That’s why cryptocurrencies have come in for such strong opposition from central bankers, as they directly threaten the monopoly of monetary control that central […]
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One of the most disappointing aspects of President Trump’s tenure has been the poor personnel choices he has made. Whether that’s in the form of hiring staff who completely contradict his stated views, such as former UN Ambassador Nikki Haley, or staff who actively look to stymie him, such as former chief of staff John […]
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Most central banks will publicly denounce gold role in monetary affairs, claiming that it is an outdated relic of a bygone era. While central banks gave up on maintaining a constant gold price by the early 1970s, they still attempted to control gold’s price through coordinated sales through the late 20th and early 21st centuries. […]
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Early to bed, early to rise, makes a man healthy, wealthy, and wise. We’ve all heard that little rhyme from the time we were young, yet many of us fall into the habit of staying up late, sleeping in, and getting our body clocks out of rhythm. Could that be the cause of many of […]
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One of the dangerous things about any sort of revolution is that they have a disturbing tendency to spiral out of control. The French Revolution was a particularly strong example of that, as it became ever more radical and ever more violent. By the time it concluded, numerous former radicals had been executed or assassinated […]
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With the demise of pension plans, 401(k) plans have become the most popular employer-sponsored retirement plan in the United States. Employees in the United States have trillions of dollars saved up in 401(k) plans, helping them to get financially prepared for retirement. The major benefit of 401(k) investment plans is their tax-advantaged status. Employees can […]
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Electricity has been a godsend for modern man, allowing most of the creature comforts that we take for granted. It has liberated us from having to limit our activity to those hours illuminated by the sun, enabling people to see 24 hours a day if they want to. But in the event of a major […]
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As the trade war with China heats up, relations with China are deteriorating in a whole bunch of different areas. Recent actions by both China and the United States have made it clear that the relationship between the two countries won’t be warming up anytime soon. By now most people are aware of the dust-up […]
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