Tag Archives: GDP

A Better Way To Calculate GDP

Dear friends, It seems to me, for a myriad of reasons, government spending should be subtracted from any GDP calculation. Because every penny of government spending, be it from taxes, borrowing or printing, comes out of the pockets of someone … Continue reading

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Carbon Credits Are A Con

Dear Friends, It seems to me, carbon credits are simply another way for the rich to steal from the poor. By creating an entirely arbitrary market, they can “create wealth” in the form of script, and sell it to dupes. … Continue reading

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Can The Dollar Be Saved?

Dear Friends, It seems to me, it’s very possible the US dollar is beyond saving at this point. The Brics nations and their alternative currency shouldn’t be a pot hole in the road, for the dollar, except the world’s elite … Continue reading

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Print, Spend And Regulate

Dear Friends, It seems to me, no amount of Federal Reserve tightening will lower inflation, as long as the federal government increases spending, five dollars for every dollar the Fed wrings out of the private sector. Add to the drastic … Continue reading

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Probing American’s Privates

Dear Friends, It seems to me, the 80,000 IRS agents the government is hiring could scrape a few dimes from small businesses, ruining them… or, they could go after the hundreds of billions the government has lost track of. The … Continue reading

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Small Businesses, the Engine of Economic Growth

Dear Friends, It seems to me, the barriers to starting a small business have never been higher, as evidenced by the dearth of small businesses that are starting up. This is critical because the economic potential of any economy is … Continue reading

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QE Insanity

Dear Friends, It seems to me, if as Einstein said, “Insanity is doing the same thing over and over again and expecting different results…” then our Central Bankers are the most insane people ever born. The pseudo science of economics … Continue reading

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How Government Can Help the Economy

Dear Friends,   It seems to me, if a country wants a growing and dynamic economy, the most important thing a government can do is get out of the way of entrepreneurs. What ever government tries to help it actually … Continue reading

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Deflation and Deficit Spending

  Dear Friends,   It seems to me, the real reason economists, politicians and Central Bank Presidents are so terrified about deflation, has nothing to do with any pernicious incentives deflation would introduce into the economy, but actually because it … Continue reading

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Economic Contraction Q4 2012, What does it mean?

Dear Friends, It seems to me that if we don’t change headings, our economy will crash, bigger than 1929. The 4th quarter 2012 GDP figures that just came in showed a contraction. If we have another 2 quarters of contraction … Continue reading

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