Money

Iran is Finally Ditching the Petrodollar

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Iran will no longer use the US dollar in its financial and foreign exchange reporting, beginning in its new fiscal year in March. The governor of Iran's central bank, Valiollah Seif said in a televised interview on January 29th.

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Canada out of TPP after Trump Nixes it

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The TPP is dead in the water according to Canada's Foreign Affairs Minister Chrystia Freland. Speaking to reporters in Calgary after learning U.S. President Donald Trump withdrew from the 12-nation agreement on Monday.

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New National and State Proposals to Solve the Student Debt Crisis

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The total of student loan debts in the United States is almost at $1.3 trillion dollars and is considered to be the next bubble following the housing bubble that burst in 2008 causing the Great Recession. President Elect Donald Trump, New York Governor Andrew Cuomo, and Maryland Governor Larry Hogan believe that they have plans to solve the debt crisis for young graduates.

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Automation, the power to enrich all of our lives

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The main consensus around the world is that automation is killing jobs and increasing the wage gap. That it is making the rich richer and the poor poorer. To fix that, people have been calling for everyone to be paid a living wage. Doing nothing for an income. Let's see the free markets response to all of this.

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US at war with Iraq, Libya, Syria, Iran, Russia all to Protect the Petrodollar

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The US dollar currently makes up 2/3rds of the worlds global reserve currency. This is because nearly every oil-exporting country in the world exclusively sells their oil in US dollars (the Petrodollar), so nations are forced to hoard large amounts of US dollars, allowing the US to print it almost to infinity without hyper-inflating their currency.

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The Free Market on Jobs and Productivity

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A Free Market Capitalistic model thrives on the idea that the business will provide a valuable service and will grow and expand through success. Therefore, issues such as minimum wage, health care assurances, and union practices are particularly detrimental to the business as it is forced to play by one-size-fits-all regulations.

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Certainly one of the chief guarantees of freedom under any government, no matter how popular and respected, is the right of citizens to keep and bear arms.

- Hubert H. Humphrey