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Debt Free Money

Who Owns American Debt?

Scott Baker | Posted 05.04.2015 | Politics
Scott Baker

The popular Netflix series, House of Cards, perpetuated the myth of a finite money supply with this weekend's release of Season 3. But if President Underwood really wanted to stimulate the economy, he'd have a plan in mind.

Asking How to Pay for Social Security Is Asking the Wrong Question

Scott Baker | Posted 06.01.2014 | Money
Scott Baker

Social Security works. It does what it was designed to do, and although this was not the concern when it was set up, it actually boosts the national output above what it distributes. It is a win-win-win.

Fantasy Fed Speech

Scott Baker | Posted 10.14.2013 | Politics
Scott Baker

Sometimes, between sleep and the time I fully awaken, I have this fantasy about the Federal Reserve Chairman. I imagine that Ben Bernanke will testify before an exasperated, desperate Congress someday and say something like the following, perhaps near the end of his term...

Geoism Explained on Public Access TV by... Me (VIDEO)

Scott Baker | Posted 08.14.2012 | Business
Scott Baker

I was happy to be interviewed by Public Access TV host Lou Puliafito. We talked about Geoism/Georgism, greenbacking, and state banking. It was a lot to get in in under half an hour, but these are all important topics for our perilous economic times. I hope you will have a view.