The Evils of Cashless Business

Is a cashless society good?    It may be faster to do everything by plastic and  electronically.  But there’a a huge risk in going down the cashless path.   Erosion of liberty….A huge additional risk of a cashless society is that it further subjects everyone to the risk of total loss if our financial system is subject to a major and pervasive internet/computer hack….Who is benefiting from this policy?  The betting here is that its a few monied oligarchs. Read More …

SOCIALISM: SOCIETY’S BOGEYMAN OR SAVIOR?

Capitalism versus Socialism and/or Communism. We’ve tried to keep opinion to a minimum and present factual information.  It’s up to readers/viewers to draw their own conclusions. Read More …

World Trade Organization: Down the Toilet?

The World Trade Organization was established to promote international trade and crucially, to provide a forum where trade disputes between nations could be peacefully resolved. Its organization and the rules that it implements were painstakingly negotiated over many years by hundreds of countries. Read More …

The Fed, Interest Rates and GDP 2d ed

the Federal Reserve Bank’s federal funds interest rate policy.  Velocity, the money multiplier, the all important interest rate on excess reserves and the ON RRP are all discussed Read More …

MONETARY POLICY: Second Thoughts About Inflation

    AUGUST 18, 2019     We have wanted to supplement our Fiscal Policy and Monetary Policy (the Fed Interest Rates and GDP) videos for quite some time.  Unfortunately, we’ve been pressed to handle other matters.  Below Is generally where we are headed with that video.   We are hastening to do this because Read More …

FISCAL POLICY AND THE U.S. ECONOMY

( Editor’s note: This blog post and/or video, first appeared on one of the “pages” appearing in the menu bar at the top of this website many months ago.  We reprint/repost it here while we work on supplementing and updating our video on the Federal Reserve Bank, interest rates and monetary policy and because some Read More …

FREE TRADE v TARIFFS: Ricardo’s Comparative Advantage

Video about David Ricardo’s theory of Comparative Advantage. Discussion lead by David Dixon Lentz Read More …