Monday, November 17, 2008

Let Them Fail! - Capitol Hill Blue

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Let Them Fail! - Capitol Hill Blue
Many people have trouble grasping the libertarian principle that businesses--even huge businesses employing thousands--should be allowed to fail if they make bad decisions. One can address this issue intellectually, but sometimes it's best to show

Written by Patrick Krey - New American
In our Republic's youth, presidential candidates openly debated central banking, and Andrew Jackson even won election as a "hard-money" advocate. Today's economic crisis requires a similar return to sound monetary policy. An economic crisis struck

Gold: Not Just for Gold Bugs Anymore - Seekingalpha.com
It’s the “g”-word. It’s the word that everyone almost says, and then doesn’t, because saying it can make you sound like a little like a loon, or maybe more like a combination of a train spotter and a conspiracy theorist, with an Austrian

Big banks battling to keep deposits - News.com.au
Government's deposit guarantee kicks in at end of month Banks face withdrawals as customers spread money around Bankrupt : Aussies going broke in record numbers AUSTRALIA'S big banks plan to launch a range of "guaranteed" accounts to defend their

Debt clock runs on borrowed time - Asia Times
John Stepek of MoneyWeek magazine says, "Federal Reserve chief Ben Bernanke has studied the Depression, they say. He knows what to do." Feeling particularly feisty, I immediately felt the need to burst in with a rude remark ("Hahahaha! What a load of

The Money Matrix - How the FED Works (PART 6/15) - Nolanchart.com
Part 5 covered the origins of fractional reserve banking. In this article I will formally define fractional reserve banking and describe how it works. Next I will share how the Federal Reserve controls monetary policy and supply with its three major

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