THE INTERNATIONAL MONETARY FUND (IMF) FOR DUMMIES

IMF Governance

This article is a compilation of information from the IMF website. I would appreciate all input anyone has relating to the use of American taxpayers’ dollars that ago to the IMF, particularly when the US is essentially bankrupt. Many such articles could be written on each [...]

Refuting “Economic Suicide”

Tuesday, September 1, 2009

Refuting “Economic Suicide” Inflation is always and everywhere a monetary phenomenon. These are the words of Milton Friedman in A Monetary History of the United States. The meaning of those words is that no matter what, inflation is a function of the amount of money available. Inflation occurs when more [...]

Deflation Vs. Inflation: The Great Debate Rages On

Deflation Vs. Inflation: The Great Debate Rages On – Marc Courtenay — Seeking Alpha.

As we celebrate the 4th of the July in the USA we find ourselves at a tipping point that will impact our financial conditions and quality of life for many years to come. Most of you know I don’t create or [...]

Striker101: the well-deserved end of Digg.com

I have wasted most of this past 13 months on Digg.com, in futile jousting with immoral collectivists who do not and will not understand the morality of the personal right to life of each individual on this planet, who seek to use the Force of government to negate our right to property, and don’t give [...]

Iceland expected to turn left in weekend election

Nobody wants to mention tax rises just ahead of the elections,” said Thorolfur Matthiasson, an economics professor at the University of Iceland. “But if the budget deficit is 10 percent of GDP and the official debt is approximately what the nation can produce in one year, then the politicians will have to raise tax and [...]

The Possibility of a Modern Civil War is Real

Published by Your Liberties on April 7, 2009

A domestic uprising is becoming more of a reality as our rights are threatened by the epic failure that is socialism.  It’s common knowledge that our country is struggling within its own borders.  Conservatives and liberals are at each others throats, and although there was much talk [...]

It Was All Legal

Ever wondered why there aren’t more “criminals” in this whole mortgage mess? Why there aren’t more mortgage broker perp walks? After all, they were predatory lenders, right? And where are the World-wide manhunts for the Wall Street iBankers escaping extradition? What they did to Iceland was against the law… right? Right?

For those who want [...]

The Importance of Failure

Failure is no fun, but it does teach essential lessons. We shouldn’t miss out on those lessons simply because we think we can afford to bail people out. Instead of trying to abolish failure via bailouts, we should let markets work, let failure run its course, and be so much the wiser for it.

…There’s [...]

Looters (Govt.) admit $700 bailout did not work

America let these crooked politicians take her to the cleaner to give free money to their bankster buddies. Now the politicians/looters admit that we will never know if the money did any good. How’s that for accountability? I say, bring on the tar and feathers!

Striker: Please see my comment to this, then spend some [...]

The Goal Is Freedom: Theory and Crisis

This webpage is copied in full from fee.org.  It is a fine expression which applies to the economic collapse of today.

http://www.fee.org/in_brief/default.asp?id=2396&year=2008&month=10

October 10, 2008

by Sheldon Richman

Sheldon Richman is the editor of The Freeman and “In brief,” and a contributor to The Concise Encyclopedia of Economics. TGIF appears Fridays. Comments welcome.