…her drawer; she doesn’t circulate it this year. At the end of the year Debbie has $120, and John has $80. Debbie has produced $100 worth of real resources, and…

…transferred, and resolved. A dollar of reserves is always worth a dollar. There’s no possibility of capital gains or losses on reserve holdings. Reserves are inexorably nominal. (Even more so…

…Pacific has received 72 subsidies worth over $43.9 million (none of these were sales tax breaks). Subsidiary Flint Hills Resources LP has received subsidies from Iowa, Kansas, Texas, and Michigan,…

…depends on how much 80% of the shares of Fannie and Freddie are worth to the Treasury. It could just keep collecting 87% of profits (the 7% because it doesn’t…

…real GDP reached the effective demand limit. The factors underlying a strong inflation were not there as they were in the 1970’s. There is more debt overhang now. Net worth…

…the market’s freedom, and will inevitably go wrong. By this view, if some people aren’t paid enough to live on, the market has determined they aren’t worth enough. If others…

CEOs at the forefront of the drive to slash Social Security possess personal retirement funds worth an average of $14.5 million, and three have nest eggs worth more than $100…

50% of Congress Are Millionaires “The nonprofit Center for Responsive Politics reports at least 268 of the 534 lawmakers were worth an average of $1 million in 2012. These millionaires…

…you get that college education? There still is; but, it is not worth as much as it was in previous decades. So what does this mean for future graduates? ~One…

…are interested in the topic, you really should read the comments by Mark A. Sadowski and Nick Rowe — too much to pull back, but worth reading. As always, I…