by Robert John Stevens, September 27, 2017 For innovation to flourish, farmers, developers and entrepreneurs need capital. Landowners need loans for a variety of reasons, but when governments such as Utah County deny settlement, to obtain higher loans from banks, landowners must agree to lien more of their property, take more risk and in some […]
by Robert John Stevens, May 7, 2016 “…shall be deemed guilty of felony, and shall suffer death.” — Penalty for debasing gold, silver or copper coins, Section 19, The Coinage Act of April 2, 1792 Had the Founding Fathers added just a few more words to extend the death penalty to people who didn’t work […]
Two solutions remaining regarding banks: Throughout the Western world the financial system has become an exploiter of the people and a deadweight loss on economies. There are only two possible solutions. One is to break the large banks up into smaller and local entities such as existed prior to the concentration that deregulation fostered. The […]
Can this really be true? Selected Quotes n the U.S., the Federal Reserve’s assets total $4.486 trillion, including more than $2 TRILLION in U.S. government debt. The Fed also has total capital (i.e. net worth) of $39.5 billion. That sounds like a lot. Until you realize that it constitutes just 0.88% of its total assets. […]
The formula involves printing money out of thin air, …Loan money to a country well beyond it’s ability to repay, preferably to corrupt oligarchs, … wait for the country to fall into financial trouble, then make a deal to transfer all the valuable infrastructure assets of that country to its international creditors.
America was built on capitalism and free and fair markets. Today’s markets aren’t fair. In fact, they are unfair because they are putting lots of money into the pockets of a small number of Americans. The bigger problem is this: If stock prices are artificially inflated, nobody can tell what a company is really worth. […]