Technology Alone Won’t End Poverty: We Need Savings First
Regardless of how knowledgeable we are and regardless of various technological ideas, without an expanding pool of real savings, economic growth…
Continue readingRegardless of how knowledgeable we are and regardless of various technological ideas, without an expanding pool of real savings, economic growth…
Continue readingThe Great Depression of 1930s occurred because of the Fed’s loose monetary stance from October 1920 to August 1924, which undermined the…
Continue readingIn order to produce, acting agents can—and need to—employ factors of production…
Continue readingThe heart of economic growth is the expanding pool of real savings. Monetary pumping destroys the flow of real savings and in turn…
Continue readingAny so-called economic growth within the framework of loose monetary policy can only take place if the private sector manages to…
Continue readingParents have to choose between their own future, or their children’s future…
Continue reading“…the most compromised, corrupt entities in the world…they are as dangerous as a Cambodia mine field in the fog after a fifth of bourbon at midnight.”
Continue readingContrary to popular thinking, a liquidity trap does not emerge in response to consumers’ massive increase in their demand for money but comes as a result of…
Continue readingCentral bankers no doubt are sure they can navigate these waters, but its unclear how long they can…
Continue reading“Lower for longer” favors gold, and looking at the last cycle suggests at least a five-fold increase in the price of gold…
Continue readingEconomist John Hearn sits down on Rethinking the Dollar to explain why Keynesian economist will always fail when it comes to monetary policy. If cutting interest rates could save the economy then […]
Continue readingIf you want to accumulate more gold & silver, here are six tips to keep your frivolous spending urges to a minimum…
Continue readingToday Donald Dempsey, CFP from Dempsey Investment Management, LLC., sits down on Rethinking the Dollar to share his concerns on the issues surrounding underfunded pension schemes in the United States. During […]
Continue readingNot only can ounces be added to that stack, but frugality also means being better prepared for a recession, for rising food costs, and for layoffs…
Continue reading“doesn’t seem to understand that the economic system…does not reward people who save, rather important people who speculate and spend beyond their…”
Continue readingCurrencies are devalued after the people have no savings. Insiders and the wealthy ditch their currency before that point, and the poor feel nothing except for different bank notes in their hands. In 1994, […]
Continue readingThe Austerity Diaries: why storing up a rainy day fund should be your top prepping priority.
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