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| How Would US States Actually Declare Bankruptcy? |
| It is not surprising that some US states are facing large deficits between budgeted spending and incoming revenues. However, state bankruptcies occur when states cannot meet their bond obligations, which have little to do with operating expenses. |
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| Federal Reserve Responsibility for Consumer and Government Debt Crises |
| The overreliance on credit cards and the accompanying increase in consumer debt are consequences of our fiat money system.
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| Central Bank Digital Currencies Are Dangerous and Unnecessary |
| With yet another round of student loan "forgiveness," President Biden is adding more air to the higher education bubble. |
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