How commercial and central banks are creating money

The central banks and commercial banks are both creating money. The central banks are doing this by purchasing financial instruments and commercial banks are doing this by printing money. Both are doing this to create profits for the shareholders. Which makes it...

Why the American government will default on its loans

Recently President Trump had the annual State of the Union. While most people talked about the behavior of Nancy Pelosi it was for the remainder of all the destructive government spending. MSNBC correctly noted that it was a message to selected groups of American...

Unsustainable debt keeps the PetroDollar addiction alive

It is no secret that Iran and Saudi-Arabia are enemies. They have a long history of hostilities against each other. Iran has one big obstacle to overcome. Saudi-Arabia has one very close ally: the United States. We can’t state that Saudi Arabia is the bacon of...
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