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Should Public Banks Print Money Without Holding Reserves?

The Giant Banks Are ALREADY State-Sponsored ... So Why Not Create Public Banks to at Least Share the Gains, Help Out Main Street, and Grow Our Local Economies? ... Economist Steve Keen writes today: Neoclassical economists do not understand how money is created by the private banking system – ...

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Mark Skousen on the Failing Dollar, the Growth of Liberty and the Success of FreedomFest

The Daily Bell is pleased to publish an exclusive interview with Mark Skousen.

Introduction:Dr. Skousen has had a diverse career. He has taught at Columbia Business School, served as president of the Foundation of Economic Education (FEE), the first free-market think tank, and has had a business ...

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Reads: 1343

The Global Debt Crisis: How We Got In It And How To Get Out

The Global Debt Crisis: How We Got In It And How To Get Out

Countries everywhere are facing debt crises today, precipitated by the credit collapse of 2008. Public services are being slashed and public assets are being sold off, in a futile attempt to balance budgets that can’t be balanced because the money supply itself has shrunk. Governments usually get ...

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Reads: 805

If Yemen Falls, so Does the Dollar Reserve?

How is it that the world's fortunes hang on the life or death of a murderous thug that the US has been supporting for 30 years? And why, in fact, if Yemen's President Ali Abdullah Salehis so important, isn't it common knowledge? Saleh was wounded yesterday when opposition forces blew up his palace. ...

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Reads: 1078

US Economy Heading Back Into Recession

US Economy Heading Back Into Recession

Data released over the last week indicates a significant deceleration in US economic activity. America’s job market is still struggling, while consumer confidence is falling – hurt in particular by rising petrol prices. In contrast, the demand for gold and silver is solid owing to growing fears ...

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Reads: 1332

Robert Reich & the Debt Ceiling: The Softer Side of Radicalism

Robert Reich & the Debt Ceiling: The Softer Side of Radicalism

The battle for the soul of the GOP ... Who's more influential in the Republican Party - the so-called Tea Party, or Wall Street and big business? The answer will be critical in the weeks ahead as the House decides whether to raise the limit on the nation's debt. – Syndicated column/Dedham ...

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Reads: 963

Inviting Chaos: The Perils of Toying with the Debt Ceiling

Inviting Chaos: The Perils of Toying with the Debt Ceiling

[T]hreatening to default should not be a partisan issue. In view of all the hazards it entails, one wonders why any responsible person would even flirt with the idea.  -- Alan S. Blinder, Princeton professor of economics, former vice chairman of the Federal Reserve

 A game of Russian ...

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Reads: 839

Stop Raising the Debt Ceiling

The federal government once again has reached the limit of its legal ability to borrow money, meaning it cannot issue new Treasury debt without action by Congress to increase the debt ceiling limit. As of this month, our "official" national debt- which doesn't include the staggering future payments ...

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Reads: 644

Honest money, the dollar, and South Carolina

The South Carolina Legislature, with S.862, andH.4128, may turn back the clock on central government economic power.  The bills’ stated goal:

To amend the code of laws of South Carolina, 1976, by adding article 18 to chapter 1, title 1 so as to provide that gold or silver coin, or both, ...

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Reads: 742

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