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Hot And Trending...
Trending
- March report "How Revolutions, Wars and Plagues are Harbingers of 'Great Changes' in Societies and in Economics" published. http://bit.ly/2y4LJZQ
- If everyone is so sure the Fed will raise rates in Sept., why do the FOMC minutes show that the Fed itself has no idea what they will do?
- October report "Why do so many People feel Economically Disenfranchised?" published. https://bit.ly/2y4LJZQ
- With government making it much harder for entrepreneurs to succeed, Anthony Scaramucci's new book is a must read. https://t.co/hYoihbfxlV
- Rand Paul: "If you’re for less government, you want sound money." http://bit.ly/2tZ5vlz
- The governor of Puerto Rico is asking for a $5 billion loan. But Puerto Rico already has over $70 billion in debt it can't repay!
- 75% of Walmart earnings decline comes from higher wages. The left will get what it wants, fewer low wage jobs, but also higher unemployment.
- Excellent Comic Strip Explains Our Situation
- The average credit card debt per US household is at $8,377, while the US national debt has eclipsed $20 trillion. http://bit.ly/2uYRbNY
- Peter Schiff, now in 60FPS!
Thursday, December 17, 2015
Should the Austrians appropriate the term "trickle-down"?
Central banks that inflate redistribute wealth in society, steal the purchasing power from those holding the money, the central bank gains the purchasing power and then it trickles down to the government, commercial banks and big corporations.