Author: Richard A Reagan

One of the most disconcerting things about the reaction to the economic crisis surrounding the spread of coronavirus is just how involved the Federal Reserve has been in the process. The Fed has now exceeded the extent of its involvement from 2008, opening new facilities and engaging in the purchase of corporate bonds and even […]

If the failure of the Soviet Union should have taught us anything, it was that central planning was and always will be a failure. The inability of central planners to replicate the functioning of a market economy was well known, yet the Soviets and their fellow travelers around the world insisted that centralized decision-making would […]

With stocks having been hammered in recent weeks, demand for gold has skyrocketed among investors looking to protect their investments. In fact, demand has increased so much that supplies of physical gold coins at most dealers have all but dried up. Try looking for gold coins online and you’ll be hard pressed to find any […]

With the coronavirus pandemic causing mass amounts of hysteria among politicians around the world, it’s time to start digging deeper into why those politicians are freaking out. The current trend of lockdowns and social distancing is intended not to stop the virus from spreading but to “flatten the curve,” i.e. to slow the spread of […]

Former Chicago Mayor Rahm Emanuel was famously quoted as saying that one should never let a good crisis go to waste. Well, we finally have a good crisis with the spread of coronavirus, and governments at every level are taking full advantage of that crisis. Not surprisingly, gun owners are bearing the brunt of their […]

The coronavirus epidemic has brought to the public’s attention that, despite all the rhetoric we like to hear about how all Americans are equal, some are more equal than others. With the virus spreading across the country, numerous Americans are worried about whether or not they have it. But to even get tested for the […]

With coronavirus fears sweeping across the nation, many people are wishing they had stocked up on food and supplies when they still had the time. It isn’t too late, as grocery stores are still open, and many still have food on the shelves, although you’ll be limited in what you can buy. Some longer-term storage […]

When the Federal Reserve announced its Commercial Paper Funding Facility last week, a facility that hasn’t operated since the 2008 financial crisis, many commentators and analysts jokingly wondered when the Fed would bring back other 2008-era rescue vehicles, such as the Term Auction Facility, the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility, and […]

Looking at news from Europe, it seems incredible how draconian their governments are at combating the coronavirus. France, Italy, and Spain in particular have banned their citizens from leaving their homes, except for a handful of exceptions, such as getting food, medical care, etc. And those people who do leave their homes are expected to […]

It seems that every day brings more and more knee-jerk panics from government at all levels throughout the country. Our entire way of life is being upended as we’re asked to trust people whose only qualifications are that they were elected to office by a small percentage of the population. Even the so-called medical “experts” […]