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Paul Hein

Paul Hein Articles

There is so much talk of "our current strong economy" that one might be tempted to believe it. The author of these words is not an economist, but his instincts, as well as his common sense, tell him that our current economy is as strong as...
We're said to be in a culture war, characterized, among other things, by an assault upon traditional values. That is clearly exemplified by our use, or misuse, of language. We term sexual perverts "gay," which seems about as reasonable as...
It seems unanimous: the economy is booming. Presidential candidates allude to it in condemning their opponents for not proposing more spending for education, or housing, or whatever pleases their current listeners. The pundits on the tube...
Federal Reserve Chairman Alan Greenspan didn't think there was need to worry about bank safety during the Y2K event. Although the Fed is planned to accumulate a nestegg of 200 billion extra in the form of its scrip, withdrawing cash from...
Look out, gold bugs! The attack upon the precious metal is going to escalate. Your metal mettle will be tested. The United States will soon be dumping its gold reserves on the market, signaling, in all likelihood, a massive desertion of...
The traditional method of conquering another nation has been via warfare. It's a dangerous method, and leaves the victor with a seriously impaired property to manage after the war is over. This is especially true today, when weapons are so...
I admit that all this flurry of activity in gold confuses me. I've tried to educate myself, but the writers on the subject tend to such a high degree of sophistication in economics and the market that their language is too arcane for my...
It seems unanimous: the economy is booming. Presidential candidates allude to it in condemning their opponents for not proposing more spending for education, or housing, or whatever pleases their current listeners. The pundits on the tube...
In a just world, it would be accepted as axiomatic that any movement toward tax relief amongst a people as heavily taxed as we are, would be greeted with cries of joy; and any politician who opposed it would forfeit any chance of election...
Money is generally thought of, if at all, in practical terms: how to get it, what to do with it. Monetary Realists believe that the most important thing to know about money, however, is its nature, because from this nature all else flows....

China is poised to become world's biggest gold consumer.

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