There is no Social Security. First in the sense that the money paid into the Social Security/Medicare/Medicaid (which I’ll call “social security” for short) system isn’t there — it has been spent. Second, there is no social security in the sense that even if you collect your benefits, it doesn’t provide “social security.” It’s just [...]
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Econ 101 Part 4 – How Government Debt Steals Your Future
Government debt confiscates your wealth just as effectively as taxation does, and your children are going to pay for it, unless you stop it.
Econ 101 Part 3 – How the Fed Makes Magic Money
Our whole monetary system begins with a magic ledger that creates money out of thin air. One day you or your children will be glad you prepared for economic meltdown.
Econ 101 Part 2 — Phony Money Destroys Capitalism
Fiat money systems (like ours in the USA) are the antithesis of capitalism because they make the value of money subject to the whim of government
Econ 101 Part 1 — Worthless Paper Money
Paper money (not based in gold or silver) is the surest means of overturning a society based on private-sector entrepreneurship. According to Lenin, it is “the best way to destroy the capitalist system.”
