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Two Types of Monetary Standards Explained

There are two types of monetary standards, one far more prevalent in developed economies than other. Monetary standards refer to the ‘system’ or ‘framework’ that controls or facilitates the movement of money. The two monetary standards are: 1....

America Is Not Broke

They are just afraid of taxing the top .1%. That greed will topple the US. As Sen. Al Franken (D-Minn.) pointed out in a little-noticed but powerful speech on the economy in December, “during the past 20 years, 56 percent of all income growth went to the top 1 percent...

Canadians In Debt To the Eyeballs

In its 12th annual assessment of the state of Canadian family finances, the Vanier Institute of the Family reports that average family debt has now hit $100,000. The debt is mostly attributed to the increase in housing costs. Many homes have seen 100-200% increases in...