by drthomas | Mar 25, 2019 | Economics, Money
Here is a summary of the key points regarding fractional reserve banking, the Federal Reserve, and the influence of the super-wealthy: Fractional reserve banking: • The practice of banks lending out more money than they have on deposit is not inherently fraudulent as...
by drthomas | Mar 23, 2019 | Capitalism, Economics, Money
By: Thomas Lee Abshier, ND 6/11/2011 Summary: Part 1: In this essay I propose a new paradigm for increasing the money supply without inflation, reaching full employment, and steadily increasing the wealth of all economic classes. Summary: Part 2: Like a watch or...
by drthomas | Mar 23, 2019 | Economics, Left Wing Issues, Money, Politics
By: Thomas Lee Abshier, ND Spiritual aspects of Nation Building Without a good spiritual foundation they labor in vain who attempt to build a nation. The spiritual and social well-being of a country is the foundation of an economy. Teaching people the Gospel...
by drthomas | Mar 23, 2019 | Economics, Left Wing Issues, Money, Politics, Work
By: Thomas Lee Abshier, ND 11/26/2010 Overview: The following is a short development of the next point in the theory of how to return America to prosperity. The key is giving, short term sacrifice, teaching righteous law and government, and the unemployed working to...
by drthomas | Mar 23, 2019 | Capitalism, Economics, Left Wing Issues, Money, Physics, Physics and Faith, Politics
by Thomas Lee Abshier, ND 12/14/2008 4/5/2019 rev Summary: The formation of pockets of dynamic stability in turbulent flow provides an analogy and insights into to the macro & micro economic processes involved in the formation of stable pockets of inequitable...
by drthomas | Mar 23, 2019 | Economics, Money
By: Thomas Lee Abshier, ND 6/12/2009 Because of their access to large quantities of money, the banking industry may have had an inordinate effect on the governmental-economic dynamic. With wealth, it is possible to stabilize and enhance one’s position in the market...
by drthomas | Mar 23, 2019 | Economics, Money
The Creature from Jekyll Island (Transcript of YouTube Video) By: G. Edward Griffin Commentary by: Thomas Lee Abshier, ND July 15, 2009 GEG: The Federal Reserve System is a strange creature; it is easier to say what it is not than what it is. Most people think it is...
by drthomas | Mar 23, 2019 | Economics, Left Wing Issues, Money, Politics
Social Security Part 1: The Problem By: Thomas Lee Abshier, ND5/12/2005 NYT Op-Ed “Shameless Photo-Op” 4/7/2005 Summary of NYT Editorial: This anonymous Op-Ed piece criticizes President Bush for posing next to the file cabinet in the Bureau of Public Debt in...
by drthomas | Mar 16, 2019 | Economics, Founding Fathers, Money, Politics
Benjamin Franklin was asked how he could explain the remarkable prosperity of the New England Colonies. Franklin replied: “Why, that is simple! In the Colonies, we issue our own paper money. It’s called ‘Colonial Scrip.’ We issue it to pay the government’s approved...
