The following few paragraphs might be slightly confusing without reading the story, but suffice to say, economist J. Grayson Lilburne highlights how Helicopter Ben is busy blowing up our real economy. Mises reports: Unbeknownst to Craig and Carolyn, a helicopter is on its way to their sweet-tooth Neverland. Unfortunately, its captain is a fellow named...
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This country is toast. I give it two years tops before the currency detonates. Once the dollar goes, so goes the country. 74 trillion in unfunded Medicare liabilities 10.4 trillion in unfunded Socialist Security liabilities 1.5 quadrillion dollar derivatives market backed entirely by worthless assets Exponential increase of the US money supply in just...
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Robert Rubin was the former Treasury Secretary under Clinton. He now serves as co-chairman of the Council on Foreign Relations and is a fellow of the Harvard Corporation – two globalist front groups. Here’s what he had to say about our outrageous debt: The United States faces projected 10-year federal budget deficits that seriously...
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vs I’m having a hard time deciding which is better.
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Because elitist snobs like Paul Krugman fill our politicians heads with nonsense about being able to borrow and tax our way out of depressions. Dr. Paul goes on to explain why massive regulatory overhead does nothing to prevent fraud and everything to prevent businesses from growing and being profitable – ie. create jobs for...
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Because he is the holy father, spirit, and the Christ all rolled into one; therefore, he has the power to simply declare what rates will be. Its not like a market to adjust interest rates on the fly and eliminate all the crazy bubbles we’ve been having could do it! – oh no no...
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Tom Woods provides us with a fabulous explanation of how money came about and why its origins are so important. I think Tom is an excellent speaker as far as economists go. He is entertaining and loaded with excellent information. The talk is geared for those who are new to Austrian economics. This is...
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