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Restore Money Creation to the People- The Power Belongs to Us
George Washington discusses the need for a new model for our monetary system and looks at some alternatives. One noteworthy model that has already proven successful: the State of North Dakota is the only one in the... The Value of One Dollar
What is left of the value of a One Dollar bill? • Never has there been such a globally important currency as the US Dollar with so much political and financial manipulation. The question arises... How to create wealth?
A question that many people continue to search for is how to create wealth. Well wouldn’t it be nice if there were some easy method for creating wealth and passive income streams. But realistically there isn’t... The US Dollar
Like gold, U.S. dollars have value only to the extent that they are strictly limited in supply. But the U.S. government has a technology called a printing press that allows it to produce as many U.S. dollars as it... Perception on recovery is false
The perception that a recovery through financial stimuli creates a multiplying effect for growth, from which the government easily can exit, is false.The common idea that almost everyone believes is that government... Earn a Bunch of Money Become a Banker
Stocks are going up, to be hit hard when people realize that the recovery is a fraud. When will that happen? This is not known. But another big wave of foreclosures could set this off."The Second Wave Begins." is... Where are the consumers?
If the consumer credit party is over, is it possible for businesses to grow, and prosper? Not now, when consumers stop consuming, the economy stop growing.If consumers don't borrow, the consumer economy won't... The Advantage of Gold
The unemployment rate in the US rose to 10.2% in October, which was its highest rate since April 1983, according to figures from the US Labor Department. It rose from September's figure of 9.8%. The economy lost... GDP Fraud
The government released GDP figures showing rosy 3.5% growth in the third quarter. But don’t be fooled: the books were cooked. This time by the cash for clunkers boondoggle, the first time homebuyers tax credit,... Payday Loan New Rules Nov 1, 2009 For BC, Canada
New rules for payday loan companies take effect in British Columbia on November 1, 2009. A payday loan is usually less than $1500 borrowed for up to 62 days,and it is unsecured debt. The borrower is usually asked to provide a postdated cheque or a preauthorized debit form... China on Course Catching Japanese Disease
Hugh Askew wrote me a message with a request to write something sensible to the story published in the Financial Time from yesterday. “China is heading for a Japan-style bubble”“If China continues to... Roubini's Bad News Explained
Roy C. sent me the following message: “Roubini's bad news. Could you translate some of the harder stuff into something comprehensible?”Lets try to make it better understandable:The United States is up to its... Economies Will Change:
Rebalancing the world’s economies won't happen overnight, that will take far more time.A Headline in The New York Times says: "Americans stop buying; trade deficit declines" "For the first eight months of the... What will the US Dollar do?
Ben Bernanke the chairman of the Fed, said in a speech at the National Economists Club in Washington, in November 2002:“Like gold, U.S. dollars have value only to the extent that they are strictly limited in... Is Active Monetary Intervention Necessary?
Friedman's "solution for reducing the prospect for active intervention as well as the margin of human error was to propose the establishment of monetary rules instead of monetary authorities," explains Vox Day the...
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