By Don Cooper The debt clock says that the federal government currently has a debt of $28 trillion that must be paid back with interest which means, for all intents and purposes, the US Federal Government is insolvent, bankrupt. This isn’t a joke and it’s not a conspiracy theory, it’s political, economic and mathematical fact …
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Grandma Died Despite CV
By Don Cooper The average life expectancy for men is 77 and for women is 81. With some standard deviation it’s reasonable to say that anyone between 75-85 is expected to be at end of life. Death is a part of life and when you get to this age range your body is simply worn …
Effects of the FED and the State on GNP
By Don Cooper Production Production means creating market value. Consumption means destroying market value. Production is the act of taking factors of production (inputs to production) and combining them in such a way that the market value of the outcome is greater than the market value of the inputs separately. If the market value of …
The Economics of Bitcoin
By Don Cooper What is a real economic good? Simply put, a real economic good is anything that is naturally scarce and in demand. Scarcity implies that you cannot get all of the good that you want freely from nature and there is nothing anyone can do to change that, therefore someone must employ resources …