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The Gold Standard vs Fiat Currency: History and Plausibility

July 13, 2023

Gold is the quintessential symbol of wealth and status. Throughout history, displaying, adorning oneself with, spending, and stockpiling gold have been the ultimate expressions of power. Gold bathrooms? A matter of taste. Proponents of the gold standard rely on the historic stability of this metal as the rationale for its use as the foundation for […]

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The Trillion-Dollar Coin Debate

February 17, 2023

The US is, once again, about to hit the debt ceiling. Fundamentally, we have more debt than can be funded with revenue: approximately $31.4 trillion in debt compared to $25.7 trillion in GDP. As a nation, we spend more than we can afford. This a familiar predicament for greater than fifty percent of Americans who […]

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Recommended Viewing: $1 Trillion & US Debt in Physical $100 bills

March 07, 2017

Here’s a stunning video that provides visual context of the massive scale of National Debt. The United States owes a lot of money. As of 2017, US deficit is larger than the size of the economy. Currently there is no debt ceiling, it has been suspended. To see current debt live visit US Debt Clock. […]

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