Tag Archives: monetizing debt

More Stimulus?

Dear Friends, It seems to me, before more stimulus money is printed then loaned to the government at interest, maybe we should demand an accounting of the trillions they have already spent? Who doesn’t like spending other people’s money? Especially … Continue reading

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The Debt Trap

Dear Friends, It seems to me, we all know the end result of monetizing debt, run away inflation, we all know why debt is monetized, to finance wars and welfare, and we all know the pain it eventually causes… but … Continue reading

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The Failure of the Welfare State

Dear Friends, It seems to me, Quantitative Easing, (QE), or in other words, monetizing debt, is the ultimate repudiation of welfare state economics. Greece, is the poster child for the failure of both the welfare state, (socialism by another name), … Continue reading

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Water No Longer Wets Us…

Dear Friends, It seems to me, our leaders want us to believe, that water no longer wets us and fire no longer burns. Taken from a line from the Rudyard Kipling poem, Gods of the Copybook Headings, it describes the … Continue reading

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Today’s Federal Reserve Meeting

  Dear Friends,   It seems to me, economists have been predicting three plus percent GDP growth since Obama came into office, and all their predictions have been wrong. The US GDP has stagnated for over five years despite the … Continue reading

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Three Paths to Virtue in Society

Dear Friends, It seems to me that for a market system to function properly the people must be honest. As the people that make up a society become less honest, for whatever reason, the market becomes less and less efficient … Continue reading

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