Category Archives: Economics

Fixing The Banking System

In my opinion, these are the laws that would need to be made in order to fix our banking system, which includes transitioning us from fractional reserve banking and eliminating the FDIC: 1.┬áThe FDIC will only insure deposits in fractional … Continue reading

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On The Rich Getting Richer

It is often said that the rich get richer and the poor get poorer. Whether this statement is true or false depends to a large extent upon how one measures poverty. Wealth (or the lack thereof) can be measured in … Continue reading

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Making Sense of the Current Financial Turmoil

During the 1980s and 1990s, the stock market followed a rising trajectory. This trend had very few significant interruptions, and those interruptions were brief. The last dozen years have presented quite a contrast to those exuberant times: financial markets have … Continue reading

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