But where will the money come from?
I had to turn off the radio this morning after this stupidity. MARTIN: Where is President Biden going to find more than $2 trillion? HORSLEY: He wants to send t...
Tag: money
A Simple Rate Tweak Should Do It
Last week, the Federal Reserve and others lowered interest rates in an attempt to counteract the effects of COVID-19 on the economy. Also last week, The Economi...
A New Kind of Credit Card?
A while back Apple announced plans to launch the Apple Card. It launched. A new kind of credit card. Created by Apple, not a bank. Issued by Gold...
What Would You Do?
If money were no object, what would you do? If your income were divorced from your work, what would you do? If you earned the same regardless of occupation, wha...
What Makes Them So Special?
Why is it that banks can create money out of thin air but I can’t?
For All Debts, Public and Private
As a young man with few dollars, I used to spend some time admiring the engraving on those few I had. I’ve long been struck by the phrase printed on Feder...
Economic Stimulus Package: No Taxes
The bank just sent a summary statement of the escrow account we use to pay the local and school property taxes. One achieves a certain distance from the taxatio...