Where Does Money Come From?

This article was reposted with permission from The Economic Collapse. How is money created?  If you ask average people on the street this question, most of them have absolutely no idea.  This is rather odd, because we all use money constantly.  You would think that it would only be natural for all of us to … Read more »

There Is Not Going To Be A Solution To Our Economic Problems On The National Level

For those waiting for our economic problems to be solved, you can quit holding your breath.  There is simply not going to be a solution to our economic problems on the national level.  So why is that the case?  Well, it is because the economic policies of both major political parties are very, very similar … Read more »

The Cat And Mouse Game of Federal Budgeteering

Here we go playing the cat and mouse game again. Republicans want desperately to make themselves seem like anything but Democrat-lite, and they are failing miserably. Laurence M. Vance notes in Key Elements to a Successful Federal Budget: Yet another federal budget charade is now in progress. This time for fiscal year 2013, which begins on October 1, … Read more »

It’s The Spending, Stupid!

For everybody yelling about the 1% not paying their “fair share” of taxes, I’ve got news for you: It’s not the taxes that are the problem; It’s the spending. Recently we heard that the Buffett Rule failed to pass the Senate 51-45. Supporters of the so-called Buffett Rule, which would set a minimum 30% federal … Read more »

Dollar Continues Advance Towards Worthlessness

Pretty soon the paper that lines your pocketbook will only be good enough to wipe  your behind with. From Philipp Bagus of Mises.com, On Tuesday, March 26, 2012, I was invited by Ron Paul and his staff to assist a meeting of the Domestic Monetary Policy and Technology Subcommittee of the House Committee on Financial Services. The title of … Read more »