Noun: The wealth and resources of a country or region, esp. in terms of the production and consumption of goods and services.
"The first lesson of economics is scarcity. There is never enough of anything to satisfy all those who want it." -- Thomas Sowell
"True individual freedom cannot exist without economic security and independence. People who are hungry and out of a job are the stuff of which dictatorships are made." -- Franklin D. Roosevelt
"I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared." -- Thomas Jefferson
United States National Debt
Economics might seem overly complicated or even outright boring to most people. However, since the vast majority of us depend on a domestic medium of exchange (money) to survive, it would behoove us to have at least a fundemental knowledge of economic systems, where they came from, and what controls them.
At the base of any economy is the fundamental principle of supply and demand. Those laws are inescapable, but controlled by the powers that be, with relative ease. How? Through the creation of artificial supply (high or low) and artificial demand (high or low).
This manipulation leads to what is called "boom bust" cycles. Whenever a market is artificially "pumped up" there will be an equivalent implosion. For every high, there is a low. This is the basic creation of "bubbles."
Catherine Austen Fitts detailing the financial Coup d'Etat of the world by a handful of private banks.
"From now on depressions will be scientifically created." -- Charles Lindbergh
"True individual freedom cannot exist without economic security and independence. People who are hungry and out of a job are the stuff of which dictatorships are made." -- Franklin D. Roosevelt
"I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared." -- Thomas Jefferson
United States National Debt
Economics might seem overly complicated or even outright boring to most people. However, since the vast majority of us depend on a domestic medium of exchange (money) to survive, it would behoove us to have at least a fundemental knowledge of economic systems, where they came from, and what controls them.
At the base of any economy is the fundamental principle of supply and demand. Those laws are inescapable, but controlled by the powers that be, with relative ease. How? Through the creation of artificial supply (high or low) and artificial demand (high or low).
This manipulation leads to what is called "boom bust" cycles. Whenever a market is artificially "pumped up" there will be an equivalent implosion. For every high, there is a low. This is the basic creation of "bubbles."
Catherine Austen Fitts detailing the financial Coup d'Etat of the world by a handful of private banks.
"From now on depressions will be scientifically created." -- Charles Lindbergh
