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Misunderstandings about the National Debt
In this article, I correct some common misunderstandings about money and the national debt, emphasizing that the U.S. national debt is not a problem and can be eliminated without burdening anyone. I explain the mechanics… Read more
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“Russia Today, Me Tomorrow?”
In what may have been the biggest strategic mistake of the U.S. since the Second World War, they and their European allies violated the fourth condition above when they abused their role as custodians of… Read more
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Government Debt is Good for the Economy!
An ever-increasing national debt is, in fact, necessary to prevent the production sector from collapsing from an overload of debt. I wrote in my last article that I could prove this with a very simple chart. What… Read more
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$34 Trillion in Debt is NO PROBLEM!
The fear-mongers do not understand how the monetary system works. They are not alone. You would be hard-pressed to find a politician anywhere that does. I will try to explain the basics in the following. Read more
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Introduction to J.T. Ross Jackson’s Website
Welcome to both my new website and regular blog, a platform for the serious discussion of the economy and the long-term evolution of our civilization. Read more
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The New Brics Currency?
The BRICS group of countries—Brazil, Russia, India, China and South Africa—has agreed to admit six new countries to the group, significantly including the oil states Saudi Arabia, United Arab Emirates and Iran. The stage is… Read more