Tag Archives: monetizing debt
Playing with Fire
The great default is rapidly approaching. Time is running out. Like a runaway freight train…there’s no stopping it. To start, the U.S. government is broke. The only thing keeping the lights on in Washington is $1 trillion per year of … Continue reading
Where Does the Money Come From?
This week revealed fresh evidence that things may get worse for the economy before they get better. Obviously, this is not the direction we’d wish to see things go. But rarely do we get what we wish for. This new … Continue reading
Redistributing Wealth to the Rich
The world’s more unbelievable and fantastical than anything we could imagine. Look around. Astounding things are taking place each and every day. For instance, earlier this week China’s richest man, Wang Jianlin, paid $28.2 million for Pablo Picasso’s painting of … Continue reading
Economic Frankenstein
According to the Department of Labor, 148,000 jobs were created in September. The experts thought the number of new jobs would be closer to 180,000. Still, the unemployment rate dropped a tenth of a percent to 7.2 percent. No doubt, … Continue reading
