Hey OWS! Look Over HERE!

Sheldon Richman gives a glimpse of why Wall Street could not have done it alone (yes, merely a glimpse): Wall Street couldn’t have done it alone. It takes a government and/or its central bank, the Federal Reserve System, to: Create barriers to entry for the purpose of sheltering existing banks from competition and radical innovation,…

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Can I Get a "Hell Yeah!"?

Or, Why Government Spending Is Bad for the Economy. Behold: Though President Barack Obama has spent trillions of dollars, the U.S. economy is stagnant, fewer people are employed than when he became president, the percentage of people unemployed for over a year has doubled since then, the poverty rate is the worst in two decades,…

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Inflation as Understood within Modern Governmentalism

The Consumer Price Index (CPI) is a method by which economists determine the effects of inflation (the increase in price of goods over time) on household spending. It has provided a somewhat reliable way to determine how money is losing value. The problem is, today’s CPI no longer reflects inflation, as it was gutted by…

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