Peter Schiff compares earnings and purchasing power from 1947.
Showing posts with label money. Show all posts
Showing posts with label money. Show all posts
VIDEO: Government's War On Living Standards
Peter Schiff compares earnings and purchasing power from 1947.
Veronique de Rugy: Time For A Guaranteed Income?
Friedman and Hayek supported the notion. Switzerland will soon hold a nationwide referendum on granting a guaranteed and unconditional minimum monthly income of $2,800 for each Swiss adult. In America, where Lyndon Johnson's War on Poverty just celebrated its 50th anniversary of failing to achieve victory, liberals jumped on the ... MOREThomas Sowell: The Inequality Bogeyman
Stop calling envy "social justice". During a recent lunch in a restaurant, someone complimented my wife
on the perfume she was wearing. But I was wholly unaware that she was
wearing perfume, even though we had been in a car together for about
half an hour, driving to the restaurant. My sense of smell is very poor. But there is ... MORE
The Best Defense Your Money Can’t Buy
by Jacob Sullum. Although the federal government accuses Kerri and Brian Kaley of trafficking in stolen medical devices, it has been unable to identify any victims of this alleged criminal scheme. That has not stopped the Justice Department from freezing the assets they need to defend themselves. The Supreme Court is now considering ... MOREJohn Stossel: Bitcoin Revolution
Why Stossel chose to invest. The big online retailer Overstock.com now accepts payment in Bitcoin. That's good news for lovers of liberty because Bitcoins give us an alternative to government-controlled money. Bitcoins are a currency created by anonymous, private tech nerds, not by government. Governments don't like ... MOREJohn Stossel: Real Charity
'Tis the season for giving. But when you give, do you know your money will help someone? Social workers say, "Don't give to beggars." Those who do give are "enablers," helping alcoholics and drug users to continue bad habits. It's better to give to charities that help the "homeless." I put "homeless" in quotes because my TV ... MOREForbes: The Bankruptcy Of Modern Economics
Examples of intellectual illness. The resounding victory of N.J. Governor Chris Christie has people speculating about the 2016 presidential race, particularly on the Republican side, since it’s a given among pols and pundits that Hillary Clinton’s nomination for the Democrats is a foregone conclusion (it isn’t, but that’s another discussion). ... MORE
Giving Free Money Is Better Than The Welfare State
Matthew Feeney on a guaranteed income. The Swiss are set to vote on whether their country should introduce a basic national income of 2,500 Swiss Francs ($2,800) a month for every adult, regardless of their salary or net worth. A date for the vote has yet to be announced. Without the Swiss proposal being attached to drastic welfare reforms ... MOREJerry Brito: Bitcoin - More Than Money
Changing the future of currency. On August 6, Judge Magistrate Amos Maazant of U.S. District Court for the Eastern District of Texas made many a headline when he became the first known United States government official to declare that Bitcoin-the non-government and non-bank currency, payments network, and anarchic digital ... MORE
Barry Farber: America Has 'Tea-Kettled'
Is America on Candid Camera? Once I read an article about a tribe in Africa that had an interesting custom. At tribal meetings a person could talk for as long as – and only for as long as – he could stand on one foot. How strange! How foreign! How primitive! Right? Sen. Ted Cruz and Jimmy Stewart (in “Mr. Smith Goes to Washington”) would ... MOREAmy Payne: Ready For Another Increase In The Debt Limit?
Obama's debt ceiling raises have cost families $43,000. Did you know that since President Obama came into office, the debt limit has been raised seven times? With those increases, Congress has added $43,000 in debt for every American household in just the last four years. And now the debt limit deadline is looming again. Treasury will ... MOREWhy Whiskey Was Money And Bitcoins Might Be
by Brian Lasorsa. Currency is a crossroads for many free market advocates. Monetarists, including Nobel laureate Milton Friedman, have long argued in favor of central banks stabilizing price levels. They say the institution would provide a sense of comfort to debtors and creditors wary of inflation. Constitutionalists, albeit embracing a general ... MOREJoseph Lawler: The Money Printers To Work Overtime
Federal Reserve to keep adding stimulus. Three more Federal Reserve officials reaffirmed Friday that the central bank does not want to take away monetary stimulus too soon, counter to the impressions left by Chairman Ben Bernanke’s press conference last week. The Fed “is not only leaving the punch bowl in place, we’re continuing to spike the ... MORE
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