Tag Archives: Money Monday

Real Economic Data: Unemployment 22%, Inflation 9.3%, GDP Dropping

Posted on by Barry Donegan

The TV talking heads and government bureaucrats ramble incessantly about the rosy recovery Americans have allegedly been experiencing since the crash of 2007. In the real world, however, household wages have dropped for years on end, while prices have surged. … Continue reading

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Feds shut down Liberty Reserve for money laundering

Posted on by Davi Barker

Last week Federal prosecutors seized LibertyReserve.com and four other related domain names, shutting down the site. The site’s founder, Arthur Budovsky Belanchuk (who renounced his US citizenship in 2011 to become a Costa Rican citizen), was arrested last Friday.

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$44.6 Billion: The unseen cost of US war dead

Posted on by Davi Barker

Many analysts have criticized US aggression in Iraq and Afghanistan by comparing them to Vietnam. As the saying goes, even if the US won every battle, they lost the war. It’s a little different than Vietnam in that the US … Continue reading

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Bitcoin is going mainstream

Posted on by Davi Barker

I came across this video about the Kreuzberg district of Berlin, Germany where Bitcoin is not just an internet currency, but it’s become a thriving part the local economy. Nadim Chebli owns a record shop and recalls the first time … Continue reading

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IRS, Treasury to Attempt Taxing Bitcoin Transactions

Posted on by Barry Donegan

Recently, digital currency bitcoin shocked investors by exploding into the financial mainstream. No longer just the bartering tool of tech-savvy voluntaryists, this digital alternative to the dollar is being embraced by people around the world for its relative strength and … Continue reading

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Silk Road Haters Gonna Hate

Posted on by Davi Barker

The Silk Road is an online marketplace specifically designed for cryptography enthusiasts. The chattering classes will call it an Amazon for guns and dope, and surely those things are available, but you can bet most of the commentators have never … Continue reading

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Congress Buys Unwanted Tanks to Please Campaign Contributors

Posted on by Barry Donegan

From a constitutional standpoint, national defense is arguably the government’s most important responsibility. However, former President Eisenhower warned us that defense contractors might get too addicted to government welfare in such a way as to create a military-industrial complex, where … Continue reading

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Student Loan Bubble Inflating Rapidly As Job Market Collapses

Posted on by Barry Donegan

Recent economic reports are demonstrating some serious underlying weaknesses in the US economy. First of all, new disability claims outpaced jobs created in the past month’s labor figures. The labor participation rate dropped to the lowest level since 1979 as … Continue reading

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Fight the banks with Bitcoin Not Bombs

Posted on by Davi Barker

Cyprus officials proposed to tax all bank deposits in Cyprus leading to lines at the ATMs and an emergency bank holiday thwart a run on the bank… oh and riots. A tentative agreement was made between these officials, the European … Continue reading

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Flashback to ’12: Ron Paul Lectures Ben Bernanke with Silver Circle Coin

Posted on by Barry Donegan

The Silver Circle team members are huge fans of Congressman Ron Paul, arguably one of the greatest defenders of freedom in modern times. The good doctor waged a one-man, thirty-plus-year ideological war against the Federal Reserve system from his perch … Continue reading

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