Notice

I am working on putting out a youtube video concerning the effects of china owning large sums of US dollars, i do these videos for my own entertainment and it furthers my understanding of complex topics. the point of my vnext video is that the effect of our large deficit (which is fueled by china's willingness to hold US dollars vs. their own currency) is creating large sums of money that flows into our financial system and is being injected directly into investments (ie. » Read more

The Silver Rush Is On

Excerpt: » Read more

The U.S. has about a trillion dollars worth of gold (?). This can be considered an asset. It is never mentioned by the media, experts, government spokesmen etc.

How could it be used? Who is in charge of it? It must be of some potential use.

This is not addressed by the Crash Course. Google shows that people are thinking about it 

I think the bailout bill addressed some of your concerns, but the article is dated April 2008 and as such may currently be misleading.

Thanks for the good work Chris,,,

for what it is worth, there is a new article from the monthly labor review, August 2008, titled "Addressing misconceptions about the Consumer Price Index"  I apologize if this has already been posted somewhere else.

here's the link:  http://www.bls.gov/opub/mlr/2008/08/art1full.pdf

it begins by stating: » Read more