Business and Credit
I’ve been amazed at the sheer numbers of otherwise sensible people who seem to be under the impression that paper credit–not savings and capital–is
I’ve been amazed at the sheer numbers of otherwise sensible people who seem to be under the impression that paper credit–not savings and capital–is
One dreads pointing out the exceptionally obvious to the US Senate, but expanding deposit insurance takes us in the opposite direction of where we need to be.
The Ayn Rand Institute’s op-ed, The Real Lesson of the Great Depression
Since IP causes only about $40 billion or so a year damage to the economy, I hereby withdra
In the movie Matrix, when a deja vu happens, it is supposed to indicate a change in the Matrix.
Note another thing that the bailouts represent: special privilege to particular market players to protect them from failure.
The market has been working for the last three years to correct for the housing bubble caused by the Federal Reserve.
I have two offensives to report in the Battle Against the Bailout.