Tag Archives: debt
Reckoning Time and Money
It all seems so systematic, arranged, and orderly. Sixty seconds make a minute, 60 minutes make an hour, 24 hours make a day, and one day equals one complete rotation of the planet earth. About every 30 days the moon … Continue reading
The Hell of Technocratic Prevarication
“…and the will of Zeus was moving toward its end.” – Homer, The Iliad Athens’ Burning The burden of being on top ultimately weighs a civilization down. Success is overreached. Advancement becomes unsustainable. Then, when everyone least expects it, something … Continue reading
How the Fed Steals Your Life
Things are going haywire. Prices are shifting about in erratic and unpredictable ways. Take gas prices, for instance. Here in the Golden State we just paid $3.87 per gallon for the cheap stuff. You’d think at that price the economy … Continue reading
False Booms
Consumers are borrowing money again…and they’re borrowing a lot of it. Last week the Federal Reserve reported that consumer credit increased $19.3 billion in December. This increase dwarfed the $7 billion median forecast of a Bloomberg News survey of economists. … Continue reading
