Investing in precious metals 101

Tag Archives: John Kenneth Galbraith

  • Blog
    Green New Deal

    Deconstructing The Green New Deal

    Despite serious flaws, it sparks a needed conversation
    by Chris Martenson

    Tuesday, March 12, 2019, 7:28 AM

    101

    The Green New Deal (GND) is important as a starting point to have a long, long overdue conversation about energy. Specifically: How are we going to eventually transition away from fossil fuels?

    As such, the proposal — while (very) far from perfect — should not be ignored and deserves our attention. 

    It's also important because it represents the sorts of zig-zags our social and political paths are inceasingly likely to take in the coming future as we're forced to face our looming economic, ecological and energy-related predicaments.

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  • Blog
    Peak Prosperity

    Money Creation: Banks – Crash Course Chapter 7

    Get ready for your mind to be repelled
    by Adam Taggart

    Saturday, August 2, 2014, 1:14 AM

    5

    Chapter 7 of the Crash Course is now publicly available and ready for watching below.

    As a follow-on to the previous chapter explaining the nature of fiat money, this week's video details one of the two methods by which it is created: fractional reserve banking. As John Kenneth Galbraith famously stated "The process by which money is created is so simple the mind is repelled."

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