A Former NY Federal Reserve Chair in 1946 posited that question. His responses are fascinating.
Are Taxes Obsolete?
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Fiscal
Fiscal Policy and Budgets
Four Canons of Taxation: Adam Smith’s Enduring Legacy
What are these principles of Taxation, and how are they still being used today?
Privatizing Social Security? Cat out of bag…
Did the Trump Administration just let slip their plan? Is Privatization of Social Security on the table, and is that a bad thing?
Return of the Bond Vigilantes
Are bond buyers drying up, are the Bond Vigilantes making a return? Find out who the Bond Vigilantes are and what role they play.
Debasement Trade Explained: What you should know
Capital Reallocation in response to Debt The "Debasement Trade" is a prominent investment strategy in current finance, defined by the systematic movement of...
The Anti-Deficiency Act: Explainer
Anti-Deficiency Act: History and Functions The Anti-Deficiency Act (ADA) is Congress’s principal enforcement mechanism for its constitutional “power of the purse.”...
Budgets and the Wisdom of Moms
Budgets, and Life Lessons from Mom
Government Shutdown: Open, Closed, Slowed
Government Shutdown: simple reference to what stays open, closed, paused, or reduced during the budget stalemate.
Mandatory vs Discretionary vs Entitlements: a simple explainer
Federal Budget Terms – Mandatory, Entitlements, Discretionary – Explained. The Key to understand Federal Spending.
