Maybe the whole problem is that Fractional Reserve Banking is a creation of the government by way of the Federal Reserve Act of 1913. While it may...
Oh, MMT. That clears up ... what? I have no idea what that chart that you posted says about M2 growth. I have no idea what the chart is even...
But I disagree that a credit-based banking system is such a great idea, or at least for a "one size fits all" banking system. There have been...
Replacements for U.S. and Western Europe are being groomed as we speak. Gustavo Dudamel and the Simon Bolivar Symphony (Venezuela) Beethoven:...
I think you meant Deflation is intolerable. The FED clearly has stated they want inflation right now, they say 2%, we have more like 10%. So, it...
So, what's so horrible about deflation? After you get past the "pain" of paying less for everything, the problem is what? The largest deflationary...
The gold standard was there to prevent massive fiat currency, which we now have. And the problem with massive fiat currency is that will lead to...
Wow, definitely some "high stakes gamblers" here.
Point is, most of the schemes that politicians come up with are bad ideas in the longer term. But in the short term, they get re-elected, as did...
Yes these days, vote buying for both the right and the left. But in this case (late 1960s) the VietNam War was LBJ's darling pet project. By 1968,...
Clean beaches cost money. I used to go to Cape May, NJ Every night they sift the sand on the beach with a rig that probably costs $150K, maybe...
I have never used them, but Stockcharts.com calls them "Scans" And I don't know what is free, what isn't. Advanced Scan Workbench But the parts...
"Actually, a good case is frequently made by economists that decoupling from the gold standard has given the United States outsized prestige" The...
Originally Series 7 in 1982. 20 guys in the office. Dean Witter. Retail. You learn a lot from other's mistakes there, less costly than learning...
You're funny. I'm long all of them (the etfs), mostlly from last August. weat, corn, cane (Sugar) beans (soyb) is new for me. You just don't see...
OK
PPI?
[ATTACH] What was the news?
$CRB index is up 22% since Biden was Inaugurated. That's more that 40% annualized. To match that, the average worker would need to get raises...
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