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but it is not at all like a house hold debt and shouldn't be treated like one either. U.S. treasures are near perfect substitute for money or simply money that occurs interest. It literally is the same thing as money to the non-governmental sector. As a currency issuer the government can pay it...

In the financial world an asset on one side of the balance sheet is a liability on the other, or in order for one to gain a financial asset one must incur a liability. The system is a zero sum game monetarily." One’s financial asset is necessarily offset by another’s financial liability. In...

Since no country came to economic power do to free trade I would say no. The idea that producing wealth in another country is some how better than creating wealth in your own is laughable. The idea is based on one country, at a specific point in time can manufacture a good more efficient than...

yes, you are far superior because you take the time to double check your typing and spelling on an informal internet forum. I bet I could find spelling and typing errors in your posts if I looked, but I don't get an ego boost from playing English teacher on the Internet.

clearly form your post you were referring to corporations in general not specifically wall mart. The feds in force the laws passed they don't need a greeter or a cooperate representative to in force the law. That's like saying a member of congress needs to dictate to enforcers every single...

here in fascist America lobbyists write the laws and they admit it. What country are you in? http://www.elitetrader.com/vb/reply.php?s=&action=newreply&postid=3418421 http://www.techdirt.com/articles/20090423/1415514627.shtml...

i didn't know poor people had pensions. Also a temporary drop in the stock market would be a small sacrifice for higher overall wages

article has errors and contradiction 1) "Savings in banks provide investment into the economy, when banks lend the funds deposited. This lending enables businesses to borrow money to start up, pay staff and cover overheads. It also enables homebuyers to arrange mortgages and it works as...

ignorance to the fact that austerity, privatization, low corporate tax, high tax on labor and consumption, huge reduction in social spending is the model the IMF uses as "structural adjustments" and has only increased world debt and poverty? and of course the debt's of third world only...

right on, Ron's economic plan is the same as the IMF's for third world "AID" and a third world country is what you'll get.Supporters think he's a revolution with bold new policies, but the imperialist arm of the bretton woods system has been subjugating third worlds with neo-liberalism for years

there are jobs for every one just not under the current organization of society.There is no limit on the number of jobs or wealth that can be created. just Malthusian garbage

In a debt based money system the money supply must constantly be expanded to avoid a deflationary collapse. As the dollar amount of debt increase exponentially and an economy that grows linear inflation must make up the difference. The fed is trying to stave off a collapse, it's the only...

government has nothing to do with velocity of money it is a simple equation MV =Nt/n Money velocity = number of transactions ( in dollar terms) divided by the money supply(dollars in the economy) The velocity of money (also called velocity of circulation) is the average frequency...

Actually Gov. spending is historically more productive then private created money with the exception of war of course. Increase in capital goods, roads, bridges etc. Private creation typical fuels stock market bubbles and housing bubbles. Asset price inflation has a faster and higher return than...

Since his economic policy is the same as the IMF's structural adjustment program.With more brutal austerity then Heinrich Bruning. I would imagine the same results. Like what Jeffey sachs did to Russia. Austerity does not work, because the debts are growing at compound interest and you reduce...

Yes the banks do create money every-time a loan is made. there shouldn't be any debate about it. In fact Banks create the bulk of the money in our economy. “Of course,[banks] they do not really pay out loans from the money they receive as deposits. If they did this, no additional money...

interesting nobody has crazy rants against other debts, total debt in dollars (L1 by the fed) equals 53 trillion, but only the gov debt is important to anti gov fanatics. While the real problem is the debt based money system. Which means that in order to have money in the economy someone has to...

that's why countries like Norway with little military and highly socialized, always have the highest standard of living. Countries that build empires modern America and the British before them tend to have the highest debt and fall on their own imperial burdens. Empires are expensive. But...

name calling, generalities , highly defensive, and of course self proclaimed superior understanding of said ideas that's basically the characteristics of an ideological zealot.

this thread shows the bankruptcy of the Rand, individualism , laissez-faire Austrian school of junk economics. Turning economics and sociology from a science to a religion (faith based), historical evidence is ignored and replaced with theoretical ideology. Deregulation of the S&L,s...