Stimulus, Savings, and Stocks
As the president signs the trillion-dollar stimulus package into law, financial networks are abuzz with investment pundits speculating on what comp
As the president signs the trillion-dollar stimulus package into law, financial networks are abuzz with investment pundits speculating on what comp
What permits real economic growth is an improvement in the investment infrastructure of the production process. What makes the improvement possible is real savings.
Just as "war is too important to be left to the generals," accounting is too vital for the economy and everyone's finances to have been left to the experts.
Spend your time reading Wiggin and Bonner's book, buying gold, and avoiding taxes.
Interviewed on American Vigilance Coast to Coast with Blake and Mike, 12 October 2008.
Even simple people will discover that Keynes did not teach us how to perform the "miracle ... of turning a stone into bread," but the not at all miraculous procedure of eating the seed corn.
The movement towards socialized medicine is strong but widely misunderstood.
Apparently in the 1930s only Mises was courageous enough to point out that political organizations were responsible for the unnecessary aggravation of the economic crisis of 1929.