June 1st, 2013 by Dissolving Dollars
This is a great summary exposing why democracy is so dumb. And it also is a great summary of why trying to change government is like running on a hamster wheel.
May 29th, 2013 by Dissolving Dollars
This is a good little article by Karl Denninger:
Folks, wake the hell up — you are being and have been scammed:
SOUTH PORTLAND, Maine — Dr. Michael Ciampi took a step this spring that many of his fellow physicians would describe as radical.
The family physician stopped accepting all forms of health insurance. In early 2013, Ciampi sent a letter to his patients informing them that he would no longer accept any kind of health coverage, both private and government-sponsored. Given that he was now asking patients to pay for his services out of pocket, he posted his prices on the practice’s website.
This would mean that prices would be beyond your ability to pay and thus you couldn’t get the health care you need, right?
Before, Ciampi charged $160 for an office visit with an existing patient facing one or more complicated health problems. Now, he charges $75.
Patients with an earache or strep throat can spend $300 at their local hospital emergency room, or promptly get an appointment at his office and pay $50, he said.
In other words the price for said care in point of fact is somewhere between about half and one sixth of what it was when “insurance” was involved.
Bluntly: You were being raped for anywhere between 200% and 600% of what the price of the actual service is between a willing buyer and seller.
Still think you couldn’t afford medical care without “insurance”?
You’re wrong. You could afford it.
You’re being lied to — systematically and intentionally.
The facts are that the current medical system steals somewhere between half and 80% of your money and since insurance must, on average, be a net lose to everyone who participates (otherwise the company goes under) the screwing is even worse than the math suggests.
May 26th, 2013 by Dissolving Dollars
While only slightly economics related, this is nonetheless an interesting interview for those who enjoy Judge’s brand of satire.
May 25th, 2013 by Dissolving Dollars
A very good talk.
May 22nd, 2013 by Dissolving Dollars
May 22nd, 2013 by Dissolving Dollars
Two good, reasonable, insightful videos from Lorax2013.
May 21st, 2013 by Dissolving Dollars
Although I don’t expect any big moves back up anytime soon in gold and silver, this presentation by Mike Maloney does a good job at putting everything into the longer term big picture perspective.
