TOO MANY BOBS Here is a story to help illustrate the risk involved in fractional reserve banking. Bob has ten thousand dollars that he doesn’t know what to do with, so he gives them to his best friend, Sam, to keep. Bob tells Sam that he doesn’t expect to need the money anytime soon, but […]
The phrase “elephant in the room“… “…an important or huge controversial topic, issue or subject that is obvious or that everyone knows about but no one mentions or wants to discuss because it makes at least some of them uncomfortable or is personally, socially or politically embarrassing, controversial, inflammatory, or dangerous. (The source) Let’s start […]