miscellaneous

Econ 101 Part 4 – How Government Debt Steals Your Future

Like a lot of things, economics is not inherently difficult to understand — what’s hard to understand is the complex stuff “experts” say when they’re trying to fool you. When they speak, turn on your baloney detector. As I predicted over a year ago, the “economic stimulus” by the government did not stimulate the economy, …

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Econ 101 Part 3 – How the Fed Makes Magic Money

Our entire monetary system is based on a complete fantasy. It’s a hoax, and you’re the dupes. If anyone else did what our federal banking system does, he’d go to prison. Why? Because fractional reserve banking creates counterfeit money. The paper and base-metal coins we use for money are essentially worthless, and one day there will be …

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