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Posts Tagged: “Thanksgiving“
An Economics Lesson from the Pilgrims: SchiffGold Friday Gold Wrap Nov. 24, 2023
Did you know Thanksgiving almost didn’t happen thanks to the Pilgrims’ experiment with socialism? It didn’t work. Fortunately, they figured out some economic truths and the rest is history. In this episode of the Friday Gold Wrap, host Mike Maharrey tells the Thanksgiving story you almost certainly didn’t hear in school. He also explains why […]
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Inflation Bites: Thanksgiving Meal Up 20% Compared to Last Year
Based on the Consumer Price Index (CPI), prices were up 7.7% year-on-year in October. That’s a pretty hefty inflationary bite. But we’ve been saying the impact of inflation is a lot worse. The increased cost of a Thanksgiving meal this year bears that out.
A Thanksgiving Story You Probably Didn’t Learn in School: SchiffGold Friday Gold Wrap Nov. 25, 2022
There are a lot of things they didn’t teach you in school. In this episode of the Friday Gold Wrap, host Mike Maharrey tells you a Thanksgiving story you’ve probably never heard before – at least not from your school teacher. He also touches on the Fed minutes that came out this week that seem […]
Socialism Sounds Good on Paper But It Was Deadly for the Pilgrims
When I was a kid, we used to say some things only “sound good on paper.” In other words, they seem like good plans, but there is no way they’re going to work in the real world. That’s socialism in a nutshell. The Pilgrims found this out the hard way during their first couple of […]
The Pilgrims Did Socialism and Died Trying
When I was a kid, we used to say some things only “sound good on paper.” In other words, they seem like good plans, but there is no way they’re going to work in the real world. That’s socialism in a nutshell. The Pilgrims found this out the hard way during their first couple of […]
How Socialism Nearly Wiped Out the Pilgrims: SchiffGold Friday Gold Wrap 11.23.18
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
Fun on Friday: The Definition of Insanity and a Lesson from the Pilgrims
As the saying goes, “Insanity is doing the same thing over and over again, and expecting different results.” Albert Einstein is usually credited with that statement, although there isn’t any proof that he ever said it. Nevertheless, it’s certainly a good working definition of insanity. And by that definition, I have to conclude that socialists […]