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Gold Price (Dollars per Oz)
![[Most Recent Quotes from www.kitco.com]](https://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
Tag Archives: social security
America Goes Full Imbecile
Credit has a wicked way of magnifying a person’s defects. Even the most cautious man, with unlimited credit, can make mistakes that in retrospect seem absurd. But an average man, with unlimited credit, is preeminently disposed to going full imbecile. … Continue reading
Posted in MN Gordon, Politics
Tagged currency destruction, debt, dollar, medicare, social security
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Broken Promises
Consumer debt, corporate debt, and government debt are all going up. But that’s not all. Margin debt – debt that investors borrow against their portfolio to buy more stocks – has hit a record of $642.8 billion. What in the … Continue reading
Posted in Government Debt, MN Gordon
Tagged business cycle, debt, default, GDP, medicare, social security
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Yarns, Mysteries, and the CPI
Several ill-defined economic waypoints were unveiled this week. Namely, the Labor Department’s July consumer price index report. According to the government data, on whole, consumer prices for the month didn’t change one iota. Reportedly, energy prices went down, food prices … Continue reading
Another Government Ponzi Scheme Starts to Crack – Do You Depend on It?
Another Government Ponzi Scheme Starts to Crack – Do You Depend on It? By Nick Giambruno, International Man Government employees get to do a lot of things that would land an ordinary citizen in prison. For example, it’s legal for … Continue reading
Posted in Government Debt, Nick Giambruno
Tagged benefits decrease, money printing, ponzi scheme, social security, taxes
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