Politics in Financial Policy
Perth Mint Appointed as Member of Shanghai Gold Exchange
The Shanghai Gold Exchange continues to emerge as one of the world's premier gold trading platforms. Australia's Perth Mint has been named an international member of the exchange, strengthening ties between the two regional powers.
Don't Discount Trump Using Emergency Powers to Rescue the Economy
In the event of a recession or economic crisis, there are wide-ranging emergency powers that President Trump can invoke. There are also already signs of slowing growth and uncertainty in global markets. Outright wealth confiscation in a crisis is not an impossible scenario.
Bill in Congress Proposes Return to Gold Standard
H.R. 5404, a bill sponsored by Rep. Alex Mooney (R-WV), seeks to bring back the gold standard in the United States for the first time in almost 50 years.