Economics

The Future of Money?

Posted on Author Lysander Comment(0)

‘Bitcoin’ is an interesting example of the future of money. Bitcoin is a non-asset backed and non-state controlled money. With the Fed destroying the value of our money it comes as no surprise that we should start to see such experiments as these. I tend to be skeptical of such non-asset backed currencies, but it is always nice to see a move away from state controlled currency. I would rather the supply of money be in the hands of the private sector than the government. Below is a short video by reason.tv on the experiment that is ‘Bitcoin.’

Lysander

Related Articles
Economics Policy

Classic problem with left-wing economists

Posted on Author Sean Dempsey

This article from Slate does a very decent job at explaining how bad the economic situation is and will most likely remain so for the foreseeable future. Then near the end, the classic Keynesian slip, “That is not to say that there is nothing to be done, of course, or that the current state of […]
Current Events Economics

How to Survive (and even Profit by) the Coming Economic Collapse!

Posted on Author Sean Dempsey

NB: There is no “right way” to deal with what’s coming. And what’s coming will be catastrophic. Especially if/when the commercial real estate market implodes (as early as mid 2025). But the most important thing is being able to anticipate the coming issues (before others) and get a leg up to protect you and your […]
Current Events Economics

The Banking Sector is on Verge of Collapse

Posted on Author Sean Dempsey

Look at this chart! It says everything one needs to know in a single graphic. The problem is orders of magnitude worse than it was before the 2008 financial crisis. Many many many times worse! No, our banking system is not “sound” as your fearless leaders would like you to believe. And the problem this […]

Leave a Reply

Your email address will not be published. Required fields are marked *