• Home
  • Economics/The Economy

Visualization of US Debt


From WTFNoway.com


ONE HUNDRED DOLLARS
$100
- The Most counterfeited money denomination in the world.
Keeps the world moving.

 


TEN THOUSAND DOLLARS
$10,000
- Enough for a great vacation or to buy a used car.
Approximately one year for the average human on earth.
 


 


ONE MILLION DOLLARS
$1.000,000
- Not as big of a pile as you thought, huh?
Still, this is 92 years of work for the average human on earth.

 

Continue Reading

  • Currently 0.00/5
Rating: 0.00/5 (0 votes cast)

Video: Debt Limit - A Guide To American Federal Debt Made Easy


A satirical short film taking a look at the national debt and how it applies to just one family. Starring Brian Stepanek & Eddie Jemison, Produced by Seth William Meier, DP/Edited by Craig Evans, 1st AC Brian Andrews, Sound Mixer Gus Salazar, Written and Directed by Brian Stepanek.

 

 
 
 
 
 
 
  • Currently 0.00/5
Rating: 0.00/5 (0 votes cast)

During The Best Period Of Economic Growth In U.S. History There Was No Income Tax And No Fed


By Michael Snyder
Economic Collapse

 

How would America ever survive without the central planners in the Obama administration and at the Federal Reserve?  What in the world would we do if there was no income tax and no IRS?  Could the U.S. economy possibly keep from collapsing under such circumstances?  The mainstream media would have us believe that unless we have someone “to pull the levers” our economy would descend into utter chaos, but the truth is that the best period of economic growth in U.S. history occurred during a time when there was no income tax and no Federal Reserve.  Between the Civil War and 1913, the U.S. economy experienced absolutely explosive growth.  The free market system thrived and the rest of the world looked at us with envy.  The federal government was very limited in size, there was no income tax for most of that time and there was no central bank.  To many Americans, it would be absolutely unthinkable to have such a society today, but it actually worked very, very well.  Without the inventions and innovations that came out of that period, the world would be a far different place today.

Continue Reading

  • Currently 0.00/5
Rating: 0.00/5 (0 votes cast)