A large base of low wealth holders underpins higher tiers occupied by progressively fewer adults. We estimate that 2.8 billion individuals – 53% of all adults in the world – had wealth below USD 10,000 in 2022. The next segment, covering those with wealth in the range of USD 10,000–100,000, … Continue reading
Category Archives: Economy
US Wealth Inequality 1990-2022
Over the past three decades the wealth held by the highest-earning 20% of Americans grew; in contrast, the wealth of those who earn less declined.
Opposition to a Central Bank
Opposition in the United States to a central bank empowered to issue currency is not new. Twice before in the nation’s comparatively short history it was created and abolished. Presidents and thinkers, including Thomas Jefferson, James Madison, Andrew Jackson, Abraham Lincoln, Otto von Bismarck, James Garfield, William McKinley, Theodore Roosevelt, … Continue reading
Thomas Edison & the Central Bank
“If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good, makes the bill good, also. The difference between the bond and the bill is the bond lets money brokers collect twice the amount of the bond and an additional … Continue reading
John Kennedy & Secret Societies
“The very word ‘secrecy’ is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths and to secret proceedings. We decided long ago that the dangers of excessive and unwarranted concealment of pertinent facts far outweighed the dangers … Continue reading
Dwight Eisenhower & The Military-Industrial Complex
…we yet realize that America’s leadership and prestige depend, not merely upon our unmatched material progress, riches and military strength, but on how we use our power in the interests of world peace and human betterment. Throughout America’s adventure in free government, our basic purposes have been to keep the … Continue reading
Woodrow Wilson & the Deep State
“We have come to be one of the worst ruled, one of the most completely controlled governments in the civilized world –no longer a government by… a vote of the majority, but a government of the opinion and duress of a small group of dominant men. Some of the biggest … Continue reading
John Hylan, Mayor of New York 1918-1925
“The warning of Theodore Roosevelt has much timeliness today, for the real menace of our republic is this invisible government which like a giant octopus sprawls its slimy length over city, state and nation… It seizes in its long and powerful tentacles our executive officers, our legislative bodies, our schools, … Continue reading