Scott Brown and the Smart Money Pendulum

It’s congratulations to pickup truck owner and new senator Scott Brown for winning Ted Kennedy’s old seat. It was truly amazing to see him come from 30 points behind to take the seat from apparent “shoe-in” Martha Coakley. But what is far more important is what it means for the future of the socialisation of […]

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The Real Deal About the New Deal is it was a Raw Deal

Sometimes when researching to find information that helps me understand why the world is in this economic mess and what I can do to protect myself and my nest egg, I come across some “real gold”. That just happened today and I have spent considerable time reading and absorbing much of the information I have […]

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Understand Inflation – Your Nest Egg Survival may depend on it

After I found this video of a guy asking people to sign a petition to “increase inflation to 100% to purposely cause hyperinflation“, it became obvious most people don’t understand the harm it can do. Whether it is laziness, indifference or stupidity, failure to understand the danger of inflation could result in inflation seriously destroy […]

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Protect Your Nest Egg – Know Your Enemies

I’m talking here to Baby Boomers and older who are relying on their retirement nest egg to live off along with any other income sources not from  a full-time job for the next 20-30 years maybe. In other words people on fixed incomes who need to be very risk-averse unless they have “surplus” money over […]

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Most Economists only know Keynesian Mumbo Jumbo Economics

In my quest to find the root cause of the retirement nest egg destruction I have entered the realm of economics. It was a journey that introduced me to the two prevailing schools of economic thought. They are the Keynesian Economics and the Austrian Economics models. Keynesian economics is named after Keynes himself who had […]

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3 Wealth Destroyers – The FED, Fractional Reserve Banking and Keynesian Economics

In my quest to find the source of our continuing investment roller-coaster I have already mentioned my concerns about the three wealth destroyers which are in place even before you begin investing, The FED and how it controls to cost of money and the amount of money in the economy. I have always found it […]

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Keynesian Economics and Inflation the Next Nails in the Economic Coffin

If the government inflates the money supply then this will inflate prices once that money has filtered down from  the banks to the borrowers and finally to the wage earners. It is the last ones in the chain that will feel the effect of inflation first as prices adjust to put the new money back […]

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The Truth (About Fractional Reserve Banking) Will Set You Free

In my quest to understand why having and keeping a Retirement Nest Egg is so difficult I came across a book called “The Mystery of Banking” by Murray N. Rothbard. “Although first published 25 years ago, Murray Rothbard’s The Mystery of Banking continues to be the only book that clearly  and  concisely  explains  the  modern  […]

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