Crash Course Chapter 7 (Money Creation): Understanding how money is created provides a foundation for appreciating the implications of our massive levels of debt, because it tells us how that debt came into being. As John Kenneth Galbraith once said, “The process by which money is created is so simple, the mind is repelled.” Dr. Martenson walks us through this simple process of fractional reserve banking. www.chrismartenson.com
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MINICARS MICROCARS CRASH TEST FAIL CAR CARS AUTOS New Crash Tests Demonstrate the Influence of Vehicle Size and Weight on Safety in Crashes Results Are Relevant To Fuel Economy Policies Three front-to-front crash tests, each involving a microcar or minicar into a midsize model from the same manufacturer, show how extra vehicle size and weight enhance occupant protection in collisions. These Insurance Institute for Highway Safety tests are about the physics of car crashes, which dictate that very small cars generally can’t protect people in crashes as well as bigger, heavier models. “There are good reasons people buy minicars,” says Institute president Adrian Lund. “They’re more affordable, and they use less gas. But the safety trade-offs are clear from our new tests. Equally clear are the implications when it comes to fuel economy. If automakers downsize cars so their fleets use less fuel, occupant safety will be compromised. However, there are ways to serve fuel economy and safety at the same time.” The Institute didn’t choose SUVs or pickup trucks, or even large cars, to pair with the micro and minis in the new crash tests. The choice of midsize cars reveals how much influence some extra size and weight can have on crash outcomes. The Institute chose pairs of 2009 models from Daimler, Honda, and Toyota because these automakers have micro and mini models that earn good frontal crashworthiness ratings, based on the Institute’s offset test into a deformable barrier …
The most devastating stock market crash in the history of the United States; Its from my favorite documentary by PBS – New York. This particular part about Wall Street crash of 1929 is from episode 5 of the series with title: Cosmopolis there are lots of archive photos, footages and drawings throughout the series and in my opinion it was great work done with finding them. series website: www.pbs.org “Archival shoots took place at various historical and cultural institutions, including the New-York Historical Society, the Museum of the City of New York, and the Library of Congress, and focused on the filming of particularly rare or large-scale archival prints, lithographs, maps, and photographs”
Chavez orders money changer raids for FX crash
Venezuela’s President Hugo Chavez said on Friday authorities were set to raid money changers and close websites listing exchange rates, his latest bid to stop the crashing bolivar currency.
Read more on Reuters via Yahoo! News


