Here are the Blogs in the Economics category.
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Monday, 23 May 2011
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blog preview image Our politicians on both sides of the aisle are constantly talking about taxes, spending, the deficit and the debt. What you rarely hear them discussing is the monetary system itself; the system that supports the government's ability to have unlimited spending and debt. Without the ability to monetize ...Read More...
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Posted on 05/23/2011 9:23 AM by George M. Johnson, PC
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Monday, 16 May 2011
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blog preview image The precursor to modern day banking was a crime when it first began over a thousand years ago. Today, fractional reserve banking is preferred worldwide. Fractional Reserve Banking requires a bank to only keep a fraction of its capital on hand to back deposits. Unfortunately, we know from the history ...Read More...
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Posted on 05/16/2011 11:39 AM by Jack Massari
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Monday, 9 May 2011
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blog preview image Definition of Money Money serves three purposes. It is a medium of exchange, a store of value and a unit of account. It is used to pay debts, purchase goods and services and is accepted by the government for taxes. Legal Tender laws are enacted to require people to use the government's money in ...Read More...
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Posted on 05/09/2011 11:31 AM by Jack Massari
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Friday, 6 May 2011
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blog preview image You are Congress! What would you do? We hope you enjoy our first exciting quiz. Have fun... and use the links at the end to make a difference!! ...Read More...
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Posted on 05/06/2011 5:54 PM by Jack Massari
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Monday, 2 May 2011
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blog preview image The first thing we think of when someone mentions inflation is increased prices. However, increased prices are a result of inflation, not the cause. Rather, the best definition of inflation is too much money chasing too few goods. Or to clarify how this works, on any given day there is some number of ...Read More...
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Posted on 05/02/2011 11:22 AM by Jack Massari
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Wednesday, 20 April 2011
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blog preview image The Sound Money Project at the Atlas Economic Research Foundation is engaging experts in the task of developing and refining a set of "sound money" principles with relevance to the world's current challenges. The project also intends to mobilize think tanks and scholars to be more active ...Read More...
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Posted on 04/20/2011 10:07 AM by Jack Massari
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