BankNotes – October 2016

Critics of liberalism and the market economy have made a long-standing habit of inventing terms we would never use to describe ourselves. The most common of these is “neo-liberal” or “neo-liberalism,” which appears to mean whatever the critics wish it to mean to describe ideas they don’t like.

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BankNotes – September 2016

The Republican and Democrat Party Conventions are now behind us. But through all the cheers and jeers, hoopla and poopla, warnings of a dark and dangerous future or promises of a bright and beautiful shape-of-things-to-come, one of the most serious shadows hanging over America was hardly mentioned at all: the unsustainability of the “entitlement” programs of the welfare state.

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BankNotes – August 2016

“Sweetheart, I think you’re making a terrible decision. However, I am not going to stop you.”

“Yay!”

That’s from a not-too-long-ago escapade with my daughter, who was about to spend her money on what I honestly thought was dumb. Why, if she was making a mistake, didn’t I stop her?

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BankNotes – July 2016

In a video making the rounds in social media last week, conservative author Mark Dice performs a series of man-on-the-street interviews to show how most Americans have no idea what Independence Day commemorates. The punch line comes at the end when Dice finds a young woman who can quote the document that he apparently thinks we commemorate on Independence Day.

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BankNotes – June 2016

Young America is suffering a quarter-life crisis. The job market is in the dumps and has been for as long as millennials can remember. Twenty-somethings are anxious about the direction of the country. The more politically aware among their generation are on pins and needles about the looming presidential election.

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BankNotes – May 2016

Every year around tax time, we’re reminded of the pain of the income tax. We’re reminded not just of the wealth that is taken, but also of all the time and energy that must be expended helping the federal government estimate just how much they should take from us this year.

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BankNotes – April 2016

One of the most persistent — and fallacious — argument against the libertarian or laissez-faire position is that libertarianism is an “atomistic” and “selfish” philosophy that denies the obvious truth that human beings are a “social species” who long for a strong sense of community.

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BankNotes – March 2016

The insidious nature of the war on cash derives not just from the hurdles governments place in the way of those who use cash, but also from the aura of suspicion that has begun to pervade private cash transactions. In a normal market economy, businesses would welcome taking cash.

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BankNotes – February 2016

At the February 2013 IBC Think Tank, the Infinite Banking Institute was launched. It was not a brand new entity, but instead it marked a more formalized structure through which Nelson Nash’s Infinite Banking Concept (IBC) could be communicated to the general public and the financial services industry.

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