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TAX-DODGING: It’s A $20 Trillion Global Industry And It Starts Right Here
CIVILISATION works only if those who enjoy its benefits are also prepared to pay their share of the costs. People and companies that avoid tax are therefore unpopular at the best of times, so it is not...
- Posted 94 days ago
COINTASTROPHE: White House Rules Out The Trillion Dollar Coin Option To Break The Debt Ceiling
Stunning news from WaPo’s Ezra Klein: The Treasury is ruling out the use of a trillion dollar platinum coin to break the debt ceiling impasse. Klein writes: That’s the bottom line of the statement that Anthony Coley,...
- Posted 129 days ago
Some Simple Accounting Can Give Us A Few Trillion Dollars Worth Of Debt Ceiling Breathing Room
Happy New Year to all. A lot of fanfare and hoopla about a non-existent debt ceiling has captured the imagination of the press, the Tea Party, and even the President. The United States of America is more...
- Posted 130 days ago
Nikkei Jumps, Yen Drops After Japan Approves ¥10 Trillion Stimulus (NKY, JPY)
Japan just approved a ¥10.3 trillion fiscal stimulus package. That translates to around $ 116 billion dollars. Click Here For Updates > Japan’s Nikkei stock market index is up 1.2 percent as the yen tumbles. Speaking at...
- Posted 131 days ago
The Only Idea That’s Sillier Than The Trillion Dollar Platinum Coin…
For the last couple of days, we’ve been talking about the “Platinum Coin Solution” to the debt ceiling crisis. This is the idea that the Treasury could mint a trillion dollar platinum coin and deposit it at...
- Posted 136 days ago
A Guide To Tim Geithner’s Trillion Dollar Coin Dilemma
- Posted 137 days ago
New White House Petition Demands That Obama Mint A Trillion Dollar Coin To Avert A Debt Ceiling Crisis
Earlier today we explained how more and more prominent and influential individuals are calling on The Treasury to avert the debt ceiling crisis by minting a trillion dollar coin. The Treasury, technically, can create platinum coins in...
- Posted 138 days ago
3 Huge Myths About The Trillion Dollar Coin Plan To Save The Economy
The hottest idea to save the economy from another debt ceiling fight (and a potential default) is the Trillion Dollar Platinum Coin. In order to understand how it works, we first need a very quick lesson in...
- Posted 138 days ago
CBO: Fiscal Cliff Deal Ads Nearly $4 Trillion To The Deficit Over The Next 10 Years
Just out from the CBO: A “score” of the Fiscal Cliff deal that the Senate voted on last night. You can find the score on the 2nd page of this embedded document. The bill adds nearly $...
- Posted 140 days ago
The Entire $15 Trillion US Economy In One Gigantic Infographic
Via Zero Hedge, here is an infographic detailing the entire American economy. Please follow Money Game on Twitter and Facebook. Join the conversation about this story » Clusterstock
- Posted 288 days ago