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Greenbacks

All That Moola: The History of 'Bucks' and Other Words We Use to Mean Money

William B. Bradshaw | Posted 12.18.2014 | Money
William B. Bradshaw

This covers many words used for money, although there are many more used less often. The exact history of "bucks" used for "money" is uncertain, but the leading theory, which seems likely, is that "bucks" came about as a substitute for money in the 1700s, when deerskins were a common medium of exchange for other items of value.

Follow the Money

William B. Bradshaw | Posted 12.11.2014 | Money
William B. Bradshaw

The value of a country's currency is basically dependent upon the country's integrity and having the assets necessary to pay its debt and back up its currency. This was a real problem for early Americans prior to, and for several years following, the Revolutionary War.

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...

How Congress Could Fix Its Budget Woes, Permanently

Ellen Brown | Posted 04.16.2013 | Business
Ellen Brown

As Congress struggles through one budget crisis after another, it is becoming increasingly evident that austerity doesn't work. We cannot possibly pay...

America Is Not Broke!

Scott Baker | Posted 11.21.2012 | Politics
Scott Baker

Americans of all political beliefs have been told repeatedly that America is broke, that something must be cut and/or taxes raised or we will drown in...

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.

China's Creative Accounting: How It Buried Its Debt and Forged Ahead with Stimulus

Ellen Brown | Posted 05.25.2011 | Business
Ellen Brown

China's government can direct its banks to advance credit in the national currency as needed, because it owns the banks. Ironically, the Chinese evidently got that idea from us.

Pimping Out Your Wallet

Jayne Lyn Stahl | Posted 05.25.2011 | Business
Jayne Lyn Stahl

The rescue plan which has funneled tax dollars into the pronounced, if a bit frayed, pockets of all the major U.S. home savings and loans has also left town with our savings.