Posts Tagged ‘America’

“Folks in America like to ‘keep up with the Joneses’. The problem is, the Joneses are financially irresponsible.” -David Eifrig

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“Our credit system is currently sitting at $68 trillion. It’s the largest debt ceiling in the history of the world. It’s more than twice the value of every single home in America put together… More than three times the value of every single U.S. bank’s assets combined… More than 20 times the trillions of dollars the U.S. government collects in taxes every year.” -Van Bryan

Productive Gains

Posted: September 4, 2018 in Economics
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“The underlying economic problem in America today is that money no longer flows to everyone equally in the way that it used to.

 That much is obvious, right? As our country has gotten richer than ever… the income disparity widens every year.

 But most Americans don’t understand why this is happening.

 And here’s the secret:

 The real underlying cause of our wealth and income disparity in America is that wages are no longer connected to gains in productivity.”

-Porter Stansberry

“All of the perplexities and confusion and distress in America arises from the downright ignorance of the nature of coin, credit, and circulation.” -John Adams 1829

Confusion in America

Posted: August 19, 2012 in Money Matters
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“All the perplexities, confusion and distress in America arise from the downright ignorance of the nature of coin, credit and circulation.” -John Adams