Category Archives: economics

Cooperative Free Markets

What benefits the consumer is choice, not competition. In a free market firms don’t compete as much as simply offer different choices. And while lower price sometimes “win”, lower prices are created by

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Multiplier Effect Multiplies Your Suffering

Everyone is familiar with the tale told to us in High School about when you spend money on groceries, the grocer then has money to buy shoes. And now the government tells us that for every $100 dollars they spend, they can create $150 in GDP growth. But where do the resources to make groceries and shoes and anything else the government buys come from? Isn’t it fascinating that this popular economic fable ignores the most important part of the economy, production? Continue reading

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Forget the Pie, I Hate Taxes!

I doubt any upcoming tax increase that doesn’t cover current spending levels will make any marginal difference in the economy. It’s the SPENDING that confiscates real resources from the market. Taking fiat paper money out of the market doesn’t hurt the economy as a whole. Continue reading

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Our Monetary Ponzi Scheme

The U.S. Dollar was debased in 1971. It has no backing, which means in real terms, it has the same value as an expired coupon. Continue reading

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Simple explanation of the Austrian Business Cycle

The austrian trade cycle can shed light on a few of the reasons for our economic predicament. The basic frame starts with the understanding of the connection between people’s future needs and the investment activities that satisfy those needs in a healthy economy. Continue reading

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Another Major Collapse Brewing

ALERT! We are months away from another major economic meltdown! How do I know? Because we’re already in it, and the media lies. Let me explain… Continue reading

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Food Prices (and, “I Told Ya So!”)

I am SO CREEPED OUT! I just heard last night’s ABC piece on rising food prices and they blamed it on the weather, population, and speculators! I told everyone when TARP, and all the government spending occurred, food and energy … Continue reading

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S.510 Limits Safety Options

Controls choke supply, increasing costs, and prevent competition for established suppliers. Reduced availability and affordability reduces safety. Continue reading

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