State of the Union

Categories: accountability, philosophy

UGH!!! Can we survive this?  The media is talking about a 3.1 Trillion dollar deficit (eventually).  And, the best part, is they are claiming that Obama is "...inheriting..." the problem.   They aren't seeing that the problem is indemic to a money based on debt and fiat money.   Oops, economist creeping out again... let me explain (briefly). The "gold standard" was a real thing.   It stated that their could only be as much "money" in the system as there was "wealth".  While these two ... Read More