Larning more about the nature and history of money, we eventually realize that money is simply a promissary note, valuable only because we agree it is valuable, a useful social fiction, or token system, useful for exchange of real goods or services, or possibly for savings (minus inflation, hyper-inflation and
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Writings of J. Todd Ring: Gold, Savings & Security In The Real World
Here is what the crowd, the authorities, and the mainstream media, including the business press, will tell you: It’s called BS. Think for yourself. For example, when real inflation rates of 8% or more are counted, money in the bank is losing money, and most investment funds are losing money.
Continue readingProgressive Proselytizing: Seniors are not a good reason for doubling TFSA limit
After years of being promised whenever the federal books got balanced, it looks like the next Harper budget is indeed going to double the contribution for Tax Free Savings Accounts. This policy has long been criticized – including by me – for being a policy that disproportionately provides advantages for
Continue readingProgressive Proselytizing: Seniors are not a good reason for doubling TFSA limit
After years of being promised whenever the federal books got balanced, it looks like the next Harper budget is indeed going to double the contribution for Tax Free Savings Accounts. This policy has long been criticized – including by me – for being a p…
Continue readingProgressive Proselytizing: Seniors are not a good reason for doubling TFSA limit
After years of being promised whenever the federal books got balanced, it looks like the next Harper budget is indeed going to double the contribution for Tax Free Savings Accounts. This policy has long been criticized – including by me – for being a policy that disproportionately provides advantages for
Continue readingWritings of J. Todd Ring: The rise of Bitcoin: and the challenge to the global domination of big money
The following article was written on October 25. I wanted to read it over once more before publishing it, then got busy with other things and forgot about it. In the roughly six weeks that have passed since the writing of this article, the Bitcoin prices have gone from roughly
Continue readingmark a rayner | scribblings, squibs & sundry monkey joys: Summer reading season begins with sales
If you’re looking for some fun reading this summer, I have a couple of books I’d like to suggest. And both can be purchased this week for less than usual. Buy it here for $3 off the cover price. That’s … Continue reading →
Continue readingThe Scott Ross: How Old Age Security Should Have Been Reformed
Instead of raising the retirement age and distressing seniors with low-income the government should have prevented wealthier Canadians from receiving Old Age Security; not only would this have been fairer but would have saved hundereds of millions of dollars more. It makes sense that Canadians who are 65 and older
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