-
Recent Posts
Categories
Archives
Meta
Tag Archives: fiat currency
QE for you and me
Donald Trump is many things–racist, reality TV star, torture advocate, strong leader with fascist tendencies. However, Trump is also a truth-teller, in that he has repeatedly challenged conventional wisdom, as articulated by the American political and media elite. He’s kind of … Continue reading
Posted in Uncategorized
Tagged 9-11, Bash kept us safe, Bernie Sanders, CBO, conventional wisdom, Donald Trump, economic orthodoxy, economic populism, fiat currency, George W. Bush, Iraq, Libya, Modern Monetary Theory, neoliberal, President Obama, public infrastructure, Syria, US imperialism
Leave a comment
Out of Thin Air
The US has a fiat currency, where money is created out of thin air with a stroke of the keyboard. For political reasons, we allow banks to enjoy the advantage of money creation rather than having the US Treasury issue … Continue reading
Posted in Uncategorized
Tagged banks, CBO, Ellen Brown, fiat currency, MMT, Modern Monetary Theory, Naked Capitalism, Rothschild, Web of Debt
Leave a comment
Things that make me want to guzzle anti-freeze
Taking Charles Pierces signature phrase out for a test drive. Lately, the so-called “financial cliff” reporting makes me too want to guzzle anti-freeze. The dominant narrative every day about the scary, scary “financial cliff” drives home the fact that we … Continue reading
Posted in Uncategorized
Tagged austerity, Charles Pierce, fiat currency, financial cliff, shock doctrine, starve the beast
Leave a comment
camelotkidd 