Steve Forbes’ Pro-Growth Pitch: End Taxes on Gold and Silver!

A few weeks back I discussed how President Trump could deliver massive, pro-growth tax cuts without any approval from Congress. Today, one of these suggested policy changes received a major endorsement when publisher and supply-side icon Steve Forbes revealed his support. Writing for Forbes.com, Steve Forbes called for for eliminating taxes on gold and silver stating:  When you exchange a $20 bill for two $10 bills, you don’t pay sales tax on the transaction, even though, theoretically, you are “buying” the tens. The notion is utterly preposterous. Yet if you purchase a gold coin that was created by the U.S.

Forbes Defends Cruz on Gold Against NYT

Steve Forbes explains how The New York Times just doesn’t understand the gold debate and misfires in attacking Ted Cruz: The New York Times recently ran an article trashing the idea of a return to a gold standard. A growing number of Republicans, including presidential hopeful Senator Ted Cruz, advocate fixing the value of the dollar to gold. If the purpose of the Times story was to discredit such a possibility before it gained any more momentum, it failed. The piece is actually useful in that it encapsulates some of the egregious myths, misunderstandings and just plain ignorance of what

Forbes to India and Emerging Economies: Stabilize Currency to Reach Full Potential

Earlier this week, Steve Forbes published an article calling for developing economic powers to fix their currencies to the dollar or euro as a means to overcome obstacles to growth. …all of these nations have overlooked a crucial requirement of economic greatness: a stable currency. Investors and entrepreneurs yearn for sound money, just as marketplaces function best when weights and measures are reliable and fixed. “Ambitious countries must grasp the fact that economies with sound monetary policies always outperform those with chronically unstable money, ” he says, citing Britain as a pinnacle example of a booming economy historically facilitated by stable,

Steve Forbes’ “Blunt Truth” About Money

I had the pleasure of attending an event in New York City last week for the unveiling of George Gilder’s new book, The 21st Century Case for Gold: A New Information Theory of Money. The book is cutting edge and definitely worth the read. One of the speakers at the event was Steve Forbes, the former presidential candidate and current Editor-in-Chief of Forbes Magazine. Steve is one heck of a speaker, and he spoke positively about George Gilder’s new book: I think the significance of what George has done…He has given [monetary policy] a wider perspective. The blunt truth is: you can