Something like 5% of the money we exchange on a daily basis is actually redeemable in physical cash dollars. The rest is debt. The demand for debt has...
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Find out more about Ed: Ed Duffy has been a news junkie for as long as he can remember. In 1972 he stayed up late with his transistor radio to his ear listening to the final election returns. He was 8. During his three years in the Army he worked composing responses to Congressional Inquiries. Now he has a monthly business paper of his own, several blogs on a variety of subjects and a graphic design and print shop. His passions are his family, free markets, free people and the truth. |