Category Archives: The Mine or the Shaft

You figure it out. Which will it be? Only time will tell!

The Brains Behind AOC Alexandria Ocasio-Cortez

“She isn’t even in the room!” 

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Why Marx Loved Central Banks

In his “Manifesto of the Communist Party” (1848), published together with Frederick Engels, Karl Marx calls for “measures” — by which he means “despotic inroads on the rights of property” –, which would be “unavoidable as a means of entirely … Continue reading

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Money Imperialism

Introduction to the German Edition In theory, the global financial system is supposed to help every country gain. Mainstream teaching of international finance, trade and “foreign aid” (defined simply as any government credit) depicts an almost utopian system uplifting all … Continue reading

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Here’s What an American Economic Collapse Could Actually Look Like

(And How It May Be a Lot Different Than Folks Expect) When we think of “economic collapse” our imaginations usually lead us immediately to the desperation we’ve witnessed in places like Venezuela or Greece. We think of starvation, a complete … Continue reading

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Thanks to Their Student Loans, Millennials Expect to Die in Debt

Adulting, the now common idiom, is hard. And to many millennials, the grim realization that debt will always be part of their lives is not making it any easier. In some cases, their debt load is so soul-crushing they expect … Continue reading

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I, Interest Rate

Interest rates simply reflect the truth; and it is a very sad day when telling the truth can foster such ill will. It is often said, “Don’t kill the messenger,” but that is precisely what everyone seems to want to … Continue reading

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The Birth and Death of Money

A mysterious birth Where do potatoes come from? — From the farmer’s field. Where are little calves born? — In the stable. Where do plums come from? — From the plum tree. Everyone knows this… But now ask the same … Continue reading

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The Federal Reserve Is Destroying America

…and wait until you hear what they’re getting away with now NOTE: The following was written in May of 2017 just four months after Trump rose to the office of the Presidency. Since his election in November 2016, the Federal … Continue reading

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