Citizen Writers Fighting Censorship by Helping Americans Understand Issues Affecting the Republic.
They were buying candy bars, soda pop, a case of beer, two cartons of cigarettes and multiple kinds of lottery tickets. All non-essential items, but who am I to judge? Still, some of their purchases caught my attention, and since they were taking so long to check out, I had plenty of time to think.
The curtain fell quietly on a 232-year tradition as the U.S. Mint struck the last penny this month in Philadelphia. This ended one of the longest runs in American history. For years the penny had become a costly relic and was more nostalgic than useful and too expensive to mint.
Let’s cut to the chase: money is a collective hallucination. It’s paper (or pixels) we pretend is worth something because—well, everyone else does. You can’t eat it, drink from it, clothe yourself with it (except by converting it). If the shared belief that it’s valuable dissolves, poof — it’s worthless.
This is the first of what we hope will be periodic updates on the economy and the markets. There is no monetary relationship whatsoever, either cash or in kind between Mr Cantu’s company and AFNN.
In 2004, my wife and I celebrated our honeymoon in Mexico. Back then, the peso exchanged at approximately 10 pesos to 1 U.S. dollar.
Flash of the Obvious: The world runs on power. Power and money are inextricable. Power is hierarchical. Money is fluid. Money can buy power.
Scene from a coaches conference two weeks before the college national championship game. Coach: You know our starters got us here, but it’s not fair they’ve played every game and we haven’t played many players in the program. I think bringing in the Freshman team for the game will give them some great experience and …
