Can Money Be Digitized? (a supplement to “What is Money?” in the June 12th TLR) Money’s new name, apparently, could be Libra. Facebook is in the process of creating a new digital currency that it’s calling Libra. It hopes to roll-out the new currency in 2020....
Deflation? Winter Deflation is coming. Or is it? If deflation is coming, will Central Bankers once again be able to Defend the Wall keep it at bay? Prior to 2019, the longest period of GDP growth in U.S. history was ten years. America will exceed that record this...
What is a Conservative? And what is a Liberal? Labeling oneself a Conservative in 2019 is not the same as actually being a Conservative, certainly not in a 1980’s philosophical sense, a period which many remember recognize as the golden age of flourishing American Conservatism....
The Offensive Against America’s Champions Facebook, Amazon, Apple and Google/Alphabet are America’s capitalist champions most notorious monopolies. They should be broken into their component parts just like the Justice Department did with AT&T in 1984. That dismemberment gave America eight telecommunications companies that could...
What is Money? Money is an alternative to barter. It serves as a medium of exchange. In order to be functional (especially in today’s global economy) it must be (1) widely used, (2) accepted in transactions involving the transfer of goods and services from...