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Future Shock - Crash Course Chapter 25

The unsustainable often ends abruptly
Friday, December 26, 2014, 11:24 PM

Chapter 25 of the Crash Course is now publicly available and ready for watching below.

Here at the penultimate chapter of The Crash Course, everything we've learned comes together into a single narrow range of time we'll call the twenty-teens. 

What this chapter offers is a comprehensive view of how all of our problems are actually interrelated and need to be viewed as such, or solutions will continue to elude us. » Read more

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Peak Prosperity

Money Creation: The Fed - Crash Course Chapter 8

Creating money out of thin air since 1913...
Friday, August 8, 2014, 8:49 PM

Chapter 8 of the Crash Course is now publicly available and ready for watching below.

As a follow-on to the two previous chapters -- one explaining the nature of fiat money, the other showing how money is loaned into existence through our fractional reserve banking system -- this week's video details the Fed's near-magical ability to create money out of thin air (literally!). » Read more

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The Trouble with Printing Money

QE3 reflects a colossal failure to address our predicament
Tuesday, September 18, 2012, 7:04 PM

For a while now, I have been expecting a coordinated, global central bank action that would seek to print more money out of thin air, or "QE" (quantitative easing), as it is now called.  Now we have two of the most important central banks, that of the U.S. and in Europe (ECB) having committed to open-ended, limitless QE.

In Part I of this report, we analyze the actions themselves, and then in Part II we discuss the implications to individuals and those with responsibilities to manage money. » Read more