A Former NY Federal Reserve Chair in 1946 posited that question. His responses are fascinating.
Are Taxes Obsolete?
Continue Reading
Treasury
US Treasury
R > G: The Silent Threat to American Stability
What happens when Interest Expenses grow faster than a countries Economy?
US Credit: A Look at the Recent Moody’s Downgrade and Its Implications
Understanding the US Credit Rating downgrade, and the historical significance.
Unfunded Liabilities: Are We Borrowing From Future Generations?
Can unseen costs impact future generations, and are we responsible?
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.”...
Government Shutdown: Open, Closed, Slowed
Government Shutdown: simple reference to what stays open, closed, paused, or reduced during the budget stalemate.
The National Debt: Explained
National Debt: What is it? Is it good or bad? How does it work? Who holds it?
When does your Clock Stop Ticking for Uncle Sam? Find Your Tax Freedom Day
Are you familiar with Tax Freedom Day? If not, you should be, you work awfully hard to not know.
