Recent content by dewton

Paul Grignon's Analysis of Banking is a pretty awesome summary of how the banking system works: The Banking System, Itself, is the ROOT CAUSE of Money System Instability: http://paulgrignon.netfirms.com/MoneyasDebt/Analysis_of_Banking.html Grignon created the Money as Debt documentaries.

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around will deprive the people of all property until their children wake-up homeless on the continent their fathers...

High leverage (200:1) is good for small accounts. Say you have a $200 account and want to make a quick $70 overnight... in many ways taking large bets with a small account is better than taking small bets with a large account.

Bitcoin uses a large carbon footprint. Definitely not a green currency. Think about how much more pollution due to Bitcoin mining with the exponential increase in difficulty!

There are security problems associated with Bitcoin. A hacker may be able to install a keylogger and steal your bitcoin wallet and password. Also if your hard drive crashes, you lose all your money. If the power goes out, you can't buy anything anymore. There are solutions to these things...

The solution to loneliness is to love people- i.e. focus on other people rather than yourself. Remove your focus from the self-centered "me me me", "I I I", "it's all about me" mentality and start thinking more about other people. Switching mentalities doesn't happen overnight. But you can...

Yeah it's interesting that congress was given power by the constitution to print money, yet we instead gave away this power to a private institution (the Fed) and choose to become indebted to them when we don't have to. Does anyone else think something is seriously wrong with this, or is it...

http://www.youtube.com/watch?v=jqvKjsIxT_8 http://www.youtube.com/watch?v=lsmbWBpnCNk http://www.youtube.com/watch?v=3P7izAUe3ZM

Trading Forex Is A Positive Sum Game by Richard Olsen Have you ever played dice with a friend? Betting a fixed amount of money each turn, you win if the number on the top face of the die is one, two or three, your friend wins in all the three other cases. At any single point in time, the...

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Actually Congress was given power by the constitution to coin/create money, so the government can print money to fund itself rather than borrow from the Federal Reserve and foreign nations and put itself deep into debt. Yes the founding fathers intended for Congress to print money. Yes they...

Actually the rich pay more money in income taxes than those who aren't rich.

The tax cuts may have worked. You have to consider that *it could have been worse* without those tax cuts.

Higher taxes = less money to pay off debt = more bankruptcies