Now that a debt ceiling deal has ended the immediate crisis, the attention being given to the President's options, in case there was no deal on the debt, will fade into the background, and most of the options offered to get past the debt ceiling won't be discusse more »
neweconomicperspectives.blogspot.com — This post by Scott Fullwiler is the definitive post on how proof platinum coin seigniorage (PPCS) relates to inflation.
As the United States Government approaches “running of money” to pay its bills, news articles and pronouncements by politicians about the debt ceiling dispute focus on several things. First, they talk about the dire consequences of defaulting on our obligations. more »
Well, the proverbial s__t is now hitting the fan in our State Governments, and we're looking at struggles in State after State between newly elected Republican Governors scapegoating civil servants, while they insist that taxes can't be raised on the wealthy and large corporations during a recession. more »
Schemes and scams unravel, usually badly. China has been manipulating its currency, causing economic imbalances on a scale the world has rarely if ever before seen. The consequences are causing inflation problems inside China. One way or another this is going to adjust and China has to find a way to keep it from exploding. more »
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