Financial Cascade Failure
I’ve been reading quite a bit about the economics of the financial sector, and have come to two interesting conclusions. One is that the fractional reserve and central banking systems are very much akin to a Ponzi scheme; except that…
Embarrassing Big Brother
I read today an interesting article on Lew Rockwell’s site about one Robert Kahre. He had arranged to pay his employees in gold and silver coin. He arranged for them to all work as private contractors, and paid them absurdly…