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Biden’s Proposal to Double Capital Gains Tax Rate Can Only Hurt America

by Richard W. Rahn | Mar 13, 2023

It is often difficult to figure out if those who are responsible for the country’s tax and spending policies are ignorant or worse, or if they think the voters are ignorant, or if it is a combination of the two. This past week, President Biden presented his proposed...

Russia and China May Try Using Their Natural Resources to Back Their Money

by Richard W. Rahn | Mar 6, 2023

END OF THE U.S. DOLLAR MONOPOLY? China and Russia have announced they, along with Brazil, India and South Africa, are “working to develop a new global reserve currency” to compete with the U.S. dollar. The U.S. dollar has been the world’s currency since the end of...

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