Opinion Forum

How It Must End

June 9th, 2010

By Brianna Aubin Last year, I wrote a post about the debt economy. In it, I explained that all of our currency was based on debt, and that if all of this debt was paid off, then our currency would all disappear from circulation and go back into bank vaults. One point that I missed however, […]

Articles written by Brianna Aubin
Tags: collapse, debt, economy, hyperinflation, Kipling, money supply
Categories: Economics, Politics | Comments (10) | Home

The December Spending Spree

December 29th, 2009

By Brianna Aubin At the beginning of the month, the White House held a jobs summit in order to discuss the record levels of unemployment. The Chamber of Commerce and the National Federation of Independent Business were not invited (who needs business organizations at a jobs conference?). Paul Krugman was. Why is this important? Two […]

Articles written by Brianna Aubin
Tags: deficit, Federal Reserve, inflation, Krugman, money supply, spending, TARP
Categories: Economics, News, Politics | Comments (2) | Home

The Hidden Tax

December 1st, 2009

By Brianna Aubin Imagine that there are 100 people in the economy, and each person is in possession of $10. That would create an economy with a total M0 money supply of $1000 (M0 is the amount of hard currency and bank notes in circulation in an economy). Now imagine that a money fairy swept […]

Articles written by Brianna Aubin
Tags: central bank, Federal Reserve, inflation, money supply, purchasing power
Categories: Economics, History, Politics | Comments (3) | Home

End the Fed

November 14th, 2009

By Brianna Aubin If you asked most people to name one of the most powerful, elusive, independent, and secretive arms of the federal government, they would probably reply with one of the nation’s law-enforcement or intelligence-gathering outfits, such as the FBI, CIA, NSA, or NRO. Very few people would suggest that the real answer might be the U.S. […]

Articles written by Brianna Aubin
Tags: banks, Federal Reserve, inflation, interest rates, money supply, recession
Categories: Economics, History, Politics | Comments (13) | Home