Tag Archives: entitlement programs

The value of a currency is determined by a number of variables. In this article, I will focus on the dynamics of demand, supply, current account deficits, and aggregate government debt.

The world has created another debt bubble and we've chosen to kick the can down the road just like Roosevelt did in the ‘30s, and Japan has been doing for the last 20 years. Also, just like in the ‘30s, we are going to get the same result which is persistently high unemployment and generally declining global economic conditions unless drastic steps are taken - and the cure to our problem is staring us right in the face. [ Let me explain.] Words: 760