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Milton Friedman proposed replacing the Fed Chairman and governors with a computer that raised the money supply 4% a year. He said it would be imperfect, but vastly superior to the way the Fed works now. Too bad he could not have had more influence on policy. Read "Free to Choose". It will open your eyes to the trut...more
Even if our trading partners put tariffs on all our exports we would still be better off if we had no restrictions on imports. What the real problem here in our country is the cost of manufacturing of which taxes are a huge part. We would have more manufacturing and union representation if our corp. tax rate is zero....more
Even if our trading partners put tariffs on all our exports we would still be better off if we had no restrictions on imports. What the real problem here in our country is the cost of manufacturing of which taxes are a huge part. We would have more manufacturing and union representation if our corp. tax rate is zero....more
President Obama's objectives were never to recover the economy. He just inherited the mess. He wants to "fundamentally change America". His motivation is to cut American exceptionalism to zero. He wants to reduce our influence in the World and gives a hoot for the average working stiff. He really doesn't care that...more
I don't see what that has to do with it. B. A. Economics. Could easily be declared a strategic metal for financial stability. In short, do not underestimate the power in Washington or at the FED in a time of crisis.
Investing in the safety of gold has one big caveat. What if the Feds wake up one day and say all gold held in private hands must now be exchanged for $1000 cash under penalty of law. For the sake of the Nation all citizens must now come to the aid of the Republic with this unfortunate forced liquidation. All financi...more
4/22/2013
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