2025
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Debasement Trade Explained: What you should know
Capital Reallocation in response to Debt The "Debasement Trade" is a prominent investment strategy in current finance, defined by the systematic movement of capital out of assets denominated by sovereign promises, such as fiat currencies and traditional fixed-income securities, and into assets characterized by verifiable, finite supply, often referred to
The Anti-Deficiency Act: Explainer
Anti-Deficiency Act: History and Functions The Anti-Deficiency Act (ADA) is Congress’s principal enforcement mechanism for its constitutional “power of the purse.” It bars federal officials from obligating or expending funds in excess of, or in advance of, appropriations; prohibits acceptance of voluntary services (with narrow emergency exceptions); prohibits obligations in














