Student loans are the 'fudge factor' that allows institutional profiteering By Jane L. Johnson The student loan program not only is saddling young people with huge debts, but it also encourages colleges and universities to charge higher tuition. originally posted at… Undisciplined Jul 26, 2024, 6:44 PM
Have we been living in an MMT world since 2008? By Joseph T. Salerno What we may call the “spending illusion” is perhaps the gravest error in the history of economic thought and has been deeply embedded in economics since the early twentieth century. originally posted at… Undisciplined Jul 26, 2024, 6:29 PM
Why Not Just Cancel All The Debt? From Bitcoin University Video Description In this video, I discuss the problems that arise if you try to avoid a sovereign debt crisis by "canceling" a country's debt. For example, a T-bill is a liability of the US Undisciplined Jul 26, 2024, 1:49 PM
Wall Street's latest poison: Leveraged ETFs By Douglas French Just as Wall Street created products to participate in the housing boom (subprime mortgages, mortgage backed securities, credit derivatives), the industry now has triple leveraged ETFs to satisfy the public’s gambling appetite. originally posted at… Undisciplined Jul 25, 2024, 7:33 PM
A 'smart city' is a city plagued by high taxes and central planning By Zach Varnell When municipalities embrace new technologies, people often refer to them as “smart cities.” However, all too often these technological “revenue enhancers” are nothing more than shakedowns of local citizens. originally posted at… Undisciplined Jul 25, 2024, 7:09 PM
The Republican platform ignores the real causes of inflation By Ron Paul The 2024 Republican platform promises that, if Donald Trump returns to the White House and Republicans gain complete control of Congress, they will reduce inflation. originally posted at… Undisciplined Jul 24, 2024, 7:21 PM
The American tradition of abolishing central banks By Thomas J. DiLorenzo The US abolished its first three central banks, and this was followed by a period of immense economic growth. End the Fed? We did it before and can do it again. originally posted at… Undisciplined Jul 24, 2024, 7:11 PM
