Tag Archives: debt

Does Any of This Make Sense?

We rarely ask “does this make any sense?” of things that are widely accepted as beneficial— or if not beneficial, “the way it is,” i.e. it can’t be changed by non-elite (i.e. the bottom 99.5%) efforts. Of the vast array … Continue reading

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Why Are so Few Americans Able to Get Ahead?

Despite the rah-rah about the “ownership society” and the best economy ever, the sobering reality is very few Americans are able to get ahead, i.e. build real financial security via meaningful, secure assets which can be passed on to their children. … Continue reading

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How “Wealthy” Would We Be If We Stopped Borrowing Trillions Every Year?

The widespread presumption is the U.S. is wealthy beyond words, and will remain so as far as the eye can see: wealthy enough to fund trillion-dollar weapons systems, trillion-dollar endless wars, multi-trillion dollar Medicare for all, multi-trillion dollar Universal Basic Income, … Continue reading

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How a Free Market Inevitably Produces Dictatorship

Eric Zuesse, originally posted at strategic-culture.org Who rules the land? A deeper and truer version of this question is: What rules the land? Is it the money (the aristocracy), or is it the people (the public, the residents on that … Continue reading

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We’ll Pay All Those Future Obligations by Impoverishing Everyone

I’ve been focusing on inflation, which is more properly understood as the loss of purchasing power of a currency, which when taken to extremes destroys the currency and the wealth/income of everyone forced to use that currency. The funny thing about the … Continue reading

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