Search results

It sounds like we have some disagreements on what exactly is debt-free money. So I will word things differently: Congress needs to issue US dollars without the simultaneous creation of any debt obligations (ie. treasuries) associated with that issuance. This way the government will not be...

It's not impossible. It's been done: http://en.wikipedia.org/wiki/Monetary_reform#Social_Credit_and_the_provision_of_debt-free_money_directly_from_government "Some governments have experimented in the past with debt-free government-created money independent of a bank. The American Colonies...

I understand this completely. But what i'm saying is it doesn't have to be this way. Of course it's not reality at the moment, because no one cares to follow the constitution and/or change things towards something that actually makes sense. It's absolutely ridiculous that congress needs to sell...

There is a solution to the problem. No I don't desire that the old folk die off due to lack of provision. The solution is really easy... the US govt does not need to go into debt at all to fund itself as it has power given by the constitution to create (and destroy) money. That's an end to being...

I've said it before and i'll say it again... THE US GOVERNMENT DOES NOT NEED TO GO INTO DEBT TO FUND ITSELF BECAUSE IT HAS POWER GIVEN BY THE CONSTITUTION TO PRINT MONEY!!!!!!!! Yes the founders of this nation intended for congress to print money- not some private agency (Federal Reserve)...

. Thanks for the history lesson but in WW2 we didn't have $100 trillion in medicare + prescription drug liabilities with no way of paying it and a powerful voter bloc that refuses to let that go.

Yep.

Would it be any different than what's happening now? somehow being indebted to China, being at the mercy of credit rating agencies, and allowing a private entity- the Federal Reserve to give out trillions in loans to their cronies is a better option? But hey, tell the founders of this country...

Are people dumb? The debt debate is stupid. The constitution had already granted Congress the power to print money. THE US GOVT DOES NOT NEED TO GO INTO DEBT TO FUND ITSELF. It can create the money it needs. It seems really idiotic for the govt to instead choose to go into debt to the big banks...

One thing I realized was, if you have an edge and are making a lot of money in trading, best to become a venture capitalist on the side and invest in passive sources of income- because your edge may not last much longer.

It also seems that the big exchanges are influencing US lawmakers and are trying to eliminate their competition- which is the OTC market.

A 3 to 4 percent increase in Coca-Cola prices is lower than expected. The recovery is well underway!

Would someone please explain what is the point of this Act and the intentions behind it? Why would the government restrict OTC leveraged precious metals trading?

But those 90% believe that they are in the top 10% who do succeed.

Perhaps people need to learn financial wisdom more than anything else. Though one may not have a good paying job, one can live perfectly happy as long as those expenses and other financial pressures are low. It's so easy to sell one's self to debt slavery these days- it's as easy as swiping a...

Even if the govt manages to sell off $2 trillion in assets... there's still $12 trillion in debt to go. Might as well keep the assets! Only way to pay off the debt is for the govt to open up a debt-free printing press, print out US dollars, and pay off the debt!

I've been studying charts for a few years now. Haven't started trading live yet. But I've come to the same conclusion- the biggest factor in people making a lot of money quickly in the markets is placing giant leveraged bets at the right time... and getting lucky.

If all customers at MB Trading place limit orders only, is MB Trading prepared to lose money on this? How is MB Trading making money? I'm skeptical of this enhancement due to this aspect (i.e. MB Trading willing to lose money).

That's probably assuming each speculator has similar buying power. Wall Street firms are not normal speculators. They're few in number and have gigantic buying power. The actions of these few can cause a large volatility in prices.

The so called "modern economic growth" is nothing more than the growth of debt slavery and increased misery of the masses due to the loss of liberty associated with debt. "I place economy among the first and most important virtues, and public debt as the greatest of dangers. To preserve our...