Federal Reserve Chairman Jerome Powell suffers from the same disease infecting all those on the board: the hubris that they really know what's best for the economy.

With the Fed likely to raise overnight bank lending rates by one quarter of one percent on Wednesday, observers are increasingly concerned that those increases may throttle Trump’s roaring economy just as it’s beginning to hit its stride.

Even the hardiest skeptic cannot find clouds in the economy's sky. 

This year’s Tax Freedom Day, which “represents how long Americans as a whole have to work in order to pay the nation’s tax burden,” falls on April 19 according to the Tax Foundation.

VIDEO - A growing number of American states are taking action to restore sound money, reports correspondent Alex Newman for The New American. Among the recent victories in the ongoing battle was Alabama, where a new law removed taxes on gold and silver. Before that, Texas passed a law creating a state depository for gold bullion and other precious metals to help sideline the Federal Reserve in commerce. Utah kicked off the trend in 2011, when it declared gold and silver to be legal tender in the state. With the central bank's fiat currency constantly depreciating, and the monetary system becoming increasingly unstable, Newman argues that it's time for states to take the lead in restoring honest money.
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