MurraySabrin.com

Read some of the most famous economists wrote about money and banking.  Getting ready to write the preface and chapter one.

Source: Why Used Car Prices May Crash 50%

“The Congressional Budget Office issued a dire warning to policy makers in its annual budget report.”

Source: The looming budget cliff, in four charts

Why the politicians love fiat money, unbacked currency.

Source: THE US OWES THE WORLD 3x THE GOLD EVER PRODUCED | Matterhorn – GoldSwitzerland | Matterhorn – GoldSwitzerland

Not good.  

Source: Trumponomics

It’s happening.  Doctors will lead us to healthcare socialism.  

Source: Insurance is Driving Physicians Mad; Nearly Half Now Say They’d Prefer Single-Payer | Beth Kutscher | Pulse | LinkedIn

[Editor’s Note: In 2010 at the Austrian Economics Research Conference at the Mises Institute, William Green presented a paper titled ‘Ending the Federal Reserve…”

Source: Ending the Federal Reserve from the Bottom Up

Source: bionic mosquito: Trump Announces He Will be a One-Term President

Economic ignorance in the White House.  What a surprise.  

Source: EconomicPolicyJournal.com: BREAKING Trump to Issue Two Executive Orders Relating to Harassing International Trade

Getting ready to write the Preface and Chapter 1, how a market economy works.

Bipartisanship got us into this mess.  The welfare state is unsustainable.  

“Due largely to increases in Medicare and Social Security, the federal debt is projected to reach 150 percent of GDP in 2047.”

Source: Debt and deficits are going to explode in the next 30 years, CBO says

“Not everyone is a fan of the Federal Reserve System, or any of its chairmen. The Fed doesn’t have any idea what it is doing, and this ineptness will be “the ruin of us all,” says …”

Source: Jim Rogers warns clueless Federal Reserve will be the ‘ruin of us all’

Source: Is Health Care a Right?

Organized all my notes of the articles and books I have read.  Started organizing the material for the Introduction and chapter one.

On ABC’s nightly news broadcast anchor David Muir did a story about the sentencing of Bill Baroni and Bridget Kelly for their roles in the Bridgegate scandal.  In his report Muir said the two former Christie appointees (Kelly as deputy chief of staff in the governor’s office and Baroni as deputy executive director of the Port Authority) who were sentenced to 18 months and two years respectively today for “shutting down” the George Washington Bridge.  The GWB was not shut down.  One of the three toll booths on the upper level of the bridge devoted to Fort Lee was closed causing the massive traffic jam in September 2013.

Why didn’t Muir get the story right?