Money Supply | Dreams From My Forefathers

Money doesn’t grow on trees. Or does it?

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Thought occurred to me recently concerning the size of the national debt. Follow me for a minute.

There are roughly 250,000 leaves on a typical tree. Found this out by googling it. In addition there are typically 350 trees per acre in a mature forest.

250000
X 350
87500000

Ok, so we have 87.5 million leaves per acre.

Next we have 640 acres per square mile.

87500000
X 640
56000000000

This gives us 56 Billion leaves per square mile.

Now as a part time resident (and native) I knew WV has about 25000 square miles. Turns out 24231 is exactly the right answer.

56000000000
X 24231
1356936000000000

1356 Trillion leaves. That’s a [...]

Continue reading Money doesn’t grow on trees. Or does it?

The FED is ProgressivismThe FED is Progressivism

Just a short flight from Becker’s anti-Ron Rant.

Hamilton proposed and oversaw the creation of the First Bank of the US.

Generally central banks in the US have been favored by proponents of a strong national government. Hamilton was also a borderline monarchist. He wanted a King-like President and he wanted the senate to be a British style House of Lords with lifetime tenure. Chuckie Schumer for life.

Though he wrote of balance of power in the Federalist Papers he consistently landed on the side of federal power once the document was ratified. Combine his opposition to the Bill of Rights with his love of federal power and he is what?

He argued against the Bill of Rights because it would contradict the notion that [...]

Continue reading The FED is Progressivism

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Money doesn’t grow on trees. Or does it?

The FED is ProgressivismThe FED is Progressivism