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well said a fixed amount of money is often mistaken for a stable system. Also why would anybody with gold produce anything, you give up your gold to make more cars, but those cars go down in gold value as more cars are added to the economy.might as well keep the gold and let someone else add...

Social Engineering isn't exclusive to "government", an Oligarchy or plutocracy will do the engineering to the extent that government doesn't. The government is the only entity that has a chance to bring social engineering power to the people (democracy).America used to have a law that a...

it's man ability to create, invent ,and engineer earth's resources that make nations wealthy (rich). Money, stocks, bonds etc.. are just paper claims on wealth. If a nation can't create wealth due to the Financial/monetary system then that system needs to be reconciled. Also Keep in mind that...

welcome to the empire where have you been

so your'e debating which of the two has been the biggest failure.

up until Roman times debt jubilees were used to wipe-out debt. the reasoning was that debts tended to grow at compound interest and the economy grew at a linear fashion. Making it impossible to pay off aggregated debt . Today exponentially increasing technology that could elevate living...

most non-Americans due that is why "they hate our freedom", but since the don't mention this on american idol it doesn't have a chance here.

what makes people believe in peek oil is there any empirical evidence? oil and gas reserves increase every year

most dictators are put into power with the help of western intelligence Mohammad Reza Sha, General Pinochet, Saddam Hussein, and to many others to name.But you can research at cia.gov These men were funded and/or paramilitary supported by CIA and MI6 clandestine operations. A U.S...

so "free market capitalism" is defined by any system that has prosperity. I guess Larry Kodlow was right

I wouldn't say falling prices is "tiny and minor" Banks monetize assets when they make loans, Falling prices mean falling collateral

finally someone on this site that actually understands how are monetary system works. instead of trying to guess and passing it off as fact

of course banks get to walk away from commercial properties without any scrutiny from the dumbed down masses. The same crowed trying to pass legislation against strategic foreclosures does just that. Well when we do it it's good business, when you do it you're a deadbeat. What a nation of...

Securitization is key here William black found that in 80% of the cases fraud was induced by the lender. Banks have a very refined system of figuring out who can and can't pay. In fact they no better then most individuals on the odds of defaulting The notion that illiterate blacks and non...

the cult of modern day economics confuses asset inflation with wealth creation. how many times during the housing boom did greenspan say "wealth creation". He also subscribes to the false reality that wall street creates wealth. apparently inflating asset prices at the expense of production is...

looks like i was wrong the Supreme Court of the United States in Lane County v. Oregon, 74 U.S. (7 Wallace) 71, 76-78 (1869), and Hagar v. Reclamation District No. 108, 111 U.S. 701, 706 (1884), has ruled that the States may adopt whatever currency they desire for the purposes of...

that's true, seems like the constitution hates the free market.

not in america it's rise was founded on protectionism

why can't the states print their own money. if you want a free market states should be free to use their own money. this seems like a strong arm monopoly.

hi, never met anybody from the future before, who wins the superbowl this year