Overdate ✭✭✭✭✭

Those interest payments are mostly covered by "money printing", not taxes. The Govt create it, the Govt give it away. The government "creates" money by issuing more debt, leading … (View Post)

> The period from 1800–1910 saw explosive real growth: industrialization, railroads, electrification, rising real wages, and major productivity gains. A roughly stable price level did not suppress… (View Post)

> I guess that's why central banks everywhere are rushing to acquire gold at any price. The Panic of 1893 was caused by the Treasury issuing more paper money than it had actual gold in its va… (View Post)

> Just about every panic you can name has been caused by misguided government policies. The gold standard is just a convenient scapegoat. (View Post)

ok, when does silver hit 110? Do you mean what time today? (View Post)