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			<title>Iris Mack&apos;s Blog - U.S. Money Supply</title>
			<link>http://www.wilmott.com/blogs/irismack/index.cfm</link>
			<description></description>
			<language>en-us</language>
			<pubDate>Mon, 27 May 2013 03:57:59 --0100</pubDate>
			<lastBuildDate>Fri, 01 Mar 2013 19:15:00 --0100</lastBuildDate>
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			<managingEditor>blogs@wilmott.com</managingEditor>
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				<title>Fractional Reserve Banking: &quot;Creation&quot; of Money</title>
				<link>http://www.wilmott.com/blogs/irismack/index.cfm/2013/3/1/Fractional-Reserve-Banking-Creation-of-Money</link>
				<description>
				
				These videos illustrate the process by which money is created in a &lt;a href=&quot;http://www.imackgroup.com/mathematics/1672906-fractional-reserve-banking-creation-of-money-out-of-thin-air/&quot;&gt; fractional reserve banking system. &lt;/a&gt;
				
				</description>
				
				<category>U.S. Money Supply</category>
				
				<pubDate>Fri, 01 Mar 2013 19:15:00 --0100</pubDate>
				<guid>http://www.wilmott.com/blogs/irismack/index.cfm/2013/3/1/Fractional-Reserve-Banking-Creation-of-Money</guid>
				
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				<title>Virginia Moves Closer to Issuing Its Own Money</title>
				<link>http://www.wilmott.com/blogs/irismack/index.cfm/2013/2/7/Virginia-Moves-Closer-to-Issuing-Its-Own-Money</link>
				<description>
				
				Virginia Del. Robert G. Marshall fears that a financial apocalypse is coming and only one thing can save the Commonwealth: its own currency.

Please read more &lt;a href=&quot;http://www.imackgroup.com/mathematics/1442873-virginia-moves-closer-to-issuing-its-own-money/&quot;&gt; here.&lt;/a&gt;
				
				</description>
				
				<category>U.S. Money Supply</category>
				
				<pubDate>Thu, 07 Feb 2013 22:25:00 --0100</pubDate>
				<guid>http://www.wilmott.com/blogs/irismack/index.cfm/2013/2/7/Virginia-Moves-Closer-to-Issuing-Its-Own-Money</guid>
				
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				<title>Currency Wars Explained</title>
				<link>http://www.wilmott.com/blogs/irismack/index.cfm/2013/1/25/Currency-Wars-Explained</link>
				<description>
				
				&lt;a href=&quot;http://www.imackgroup.com/mathematics/1414941-currency-wars-explained/&quot;&gt; Our vanishing currencies...&lt;/a&gt;
				
				</description>
				
				<category>U.S. Money Supply</category>
				
				<pubDate>Fri, 25 Jan 2013 00:15:00 --0100</pubDate>
				<guid>http://www.wilmott.com/blogs/irismack/index.cfm/2013/1/25/Currency-Wars-Explained</guid>
				
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				<title>$40 Trillion &amp; Ticking: Global Debt Clock</title>
				<link>http://www.wilmott.com/blogs/irismack/index.cfm/2012/9/5/40-Trillion--Ticking-Global-Debt-Clock</link>
				<description>
				
				&lt;a href=http://www.imackgroup.com/mathematics/955675-40-trillion-ticking-global-debt-clock/&gt; &lt;b&gt;&lt;i&gt;Tick Tock!

&lt;/i&gt;&lt;/b&gt;&lt;/a&gt;
				
				</description>
				
				<category>U.S. Money Supply</category>
				
				<pubDate>Wed, 05 Sep 2012 05:51:00 --0100</pubDate>
				<guid>http://www.wilmott.com/blogs/irismack/index.cfm/2012/9/5/40-Trillion--Ticking-Global-Debt-Clock</guid>
				
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				<title>$16 Trillion &amp; Ticking: U.S. Debt Clock</title>
				<link>http://www.wilmott.com/blogs/irismack/index.cfm/2012/9/5/16-Trillion--Ticking-US-Debt-Clock</link>
				<description>
				
				&lt;a href=http://www.imackgroup.com/mathematics/955678-16-trillion-ticking-us-debt-clock/&gt; &lt;b&gt;&lt;i&gt;The U.S. owes more than it makes!

&lt;/i&gt;&lt;/b&gt;&lt;/a&gt;
				
				</description>
				
				<category>U.S. Money Supply</category>
				
				<pubDate>Wed, 05 Sep 2012 05:40:00 --0100</pubDate>
				<guid>http://www.wilmott.com/blogs/irismack/index.cfm/2012/9/5/16-Trillion--Ticking-US-Debt-Clock</guid>
				
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				<title>$16+ Trillion US Debt: Americans Owe Most of That Money to Themselves</title>
				<link>http://www.wilmott.com/blogs/irismack/index.cfm/2012/9/5/16-Trillion-US-Debt-Americans-Owe-Most-of-That-Money-to-Themselves</link>
				<description>
				
				&lt;a href=http://www.imackgroup.com/mathematics/955671-16-trillion-us-debt-americans-owe-most-of-that-money-to-themselves/&gt; &lt;b&gt;Fully two-thirds of the national debt is owed to the U.S. government, American investors and future retirees, through the Social Security Trust Fund and pension plans for civil service workers and military personnel. 

China holds less than 8% of the money the U.S. government has borrowed over the years.&lt;/b&gt;&lt;/a&gt;
				
				</description>
				
				<category>U.S. Money Supply</category>
				
				<pubDate>Wed, 05 Sep 2012 05:33:00 --0100</pubDate>
				<guid>http://www.wilmott.com/blogs/irismack/index.cfm/2012/9/5/16-Trillion-US-Debt-Americans-Owe-Most-of-That-Money-to-Themselves</guid>
				
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				<title>Trading Report: U.S. Has Debt From Sea To Shining Sea</title>
				<link>http://www.wilmott.com/blogs/irismack/index.cfm/2012/6/27/Trading-Report-US-Has-Debt-From-Sea-To-Shining-Sea</link>
				<description>
				
				This just in from &lt;a  href= http://www.imackgroup.com/mathematics/874836-trading-report-us-has-debt-from-sea-to-shining-sea/&gt; &lt;i&gt;&lt;b&gt; The Trading Report...&lt;/b&gt;&lt;/a&gt;&lt;/i&gt;
				
				</description>
				
				<category>U.S. Money Supply</category>
				
				<pubDate>Wed, 27 Jun 2012 13:32:00 --0100</pubDate>
				<guid>http://www.wilmott.com/blogs/irismack/index.cfm/2012/6/27/Trading-Report-US-Has-Debt-From-Sea-To-Shining-Sea</guid>
				
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				<title>Sovereign Investor: U.S. is Greece On Steroids</title>
				<link>http://www.wilmott.com/blogs/irismack/index.cfm/2012/6/20/Sovereign-Investor-US-is-Greece-On-Steroids</link>
				<description>
				
				&lt;a  href= hhttp://www.imackgroup.com/mathematics/867442-sovereign-investor-us-is-greece-on-steroids/&gt; Take a moment to consider this number:  &lt;b&gt;$15,796,792,651,861.&lt;/b&gt;


At the last count, this is the level of the U.S. national debt. And if that number scares you? it should.


The fiscal and debt situation of the United States today is nothing less than Greece on steroids ? with an added dose of political hallucinogens inducing insane denial. &lt;/a&gt;
				
				</description>
				
				<category>U.S. Money Supply</category>
				
				<pubDate>Wed, 20 Jun 2012 14:50:00 --0100</pubDate>
				<guid>http://www.wilmott.com/blogs/irismack/index.cfm/2012/6/20/Sovereign-Investor-US-is-Greece-On-Steroids</guid>
				
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				<title>U.S. Budget Dilemma</title>
				<link>http://www.wilmott.com/blogs/irismack/index.cfm/2012/6/4/US-Budget-Dilemma</link>
				<description>
				
				&lt;a href= http://www.imackgroup.com/mathematics/854137-us-budget-dilemma/&gt;  Washington&apos;s Dilemma! Soaring debt and a budget Congress can&apos;t balance.&lt;/a&gt;
				
				</description>
				
				<category>U.S. Money Supply</category>
				
				<pubDate>Mon, 04 Jun 2012 12:36:00 --0100</pubDate>
				<guid>http://www.wilmott.com/blogs/irismack/index.cfm/2012/6/4/US-Budget-Dilemma</guid>
				
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				<title>Trading Report: 2011 Budget Deficit = $5 TRILLION Dollars</title>
				<link>http://www.wilmott.com/blogs/irismack/index.cfm/2012/5/26/Trading-Report-2011-Budget-Deficit--5-TRILLION-Dollars</link>
				<description>
				
				&lt;a href= http://www.imackgroup.com/mathematics/845422-trading-report-2011-budget-deficit-5-trillion-dollars/&gt;&lt;i&gt;More fuzzy math from the U.S.!&lt;/i&gt;&lt;/a&gt;

A trillion here. A trillion there.  Not a problem. 

Federal Reserve Chairman Bernanke will just print $$$ out of thin air!
				
				</description>
				
				<category>U.S. Money Supply</category>
				
				<pubDate>Sat, 26 May 2012 13:41:00 --0100</pubDate>
				<guid>http://www.wilmott.com/blogs/irismack/index.cfm/2012/5/26/Trading-Report-2011-Budget-Deficit--5-TRILLION-Dollars</guid>
				
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				<title>Money: History&apos;s Biggest $cam?</title>
				<link>http://www.wilmott.com/blogs/irismack/index.cfm/2012/5/8/Money-Historys-Biggest-cam</link>
				<description>
				
				&lt;a href= http://www.imackgroup.com/mathematics/827599-money-historys-biggest-scam-video/ &gt;  I just purchased a new printer. 

You think Fed Chairman Bernanke would mind if I use it to print some money? LOL!&lt;/a&gt;
				
				</description>
				
				<category>U.S. Money Supply</category>
				
				<pubDate>Tue, 08 May 2012 12:58:00 --0100</pubDate>
				<guid>http://www.wilmott.com/blogs/irismack/index.cfm/2012/5/8/Money-Historys-Biggest-cam</guid>
				
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				<title>Congressional Budget Office: Infographics About U.S. Federal Budget</title>
				<link>http://www.wilmott.com/blogs/irismack/index.cfm/2012/4/25/Congressional-Budget-Office-Infographics-About-US-Federal-Budget</link>
				<description>
				
				&lt;a href= http://www.imackgroup.com/mathematics/819076-congressional-budget-office-infographics-about-us-federal-budget/&gt;Man, we are BROKE!  Help!&lt;/a&gt;
				
				</description>
				
				<category>U.S. Money Supply</category>
				
				<pubDate>Wed, 25 Apr 2012 13:19:00 --0100</pubDate>
				<guid>http://www.wilmott.com/blogs/irismack/index.cfm/2012/4/25/Congressional-Budget-Office-Infographics-About-US-Federal-Budget</guid>
				
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				<title>Asia Times: Taiwan Sets Sight on Replacing Dollar With Chinese Yuan</title>
				<link>http://www.wilmott.com/blogs/irismack/index.cfm/2012/4/9/Asia-Times-Taiwan-Sets-Sight-on-Replacing-Dollar-With-Chinese-Yuan</link>
				<description>
				
				&lt;a href= http://www.imackgroup.com/mathematics/806537-asia-times-taiwan-sets-sight-on-replacing-dollar-with-chinese-yuan/ &gt;Bye Bye fiat dollar!&lt;/span&gt;&lt;/a&gt;
				
				</description>
				
				<category>U.S. Money Supply</category>
				
				<pubDate>Mon, 09 Apr 2012 13:55:00 --0100</pubDate>
				<guid>http://www.wilmott.com/blogs/irismack/index.cfm/2012/4/9/Asia-Times-Taiwan-Sets-Sight-on-Replacing-Dollar-With-Chinese-Yuan</guid>
				
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				<title>Fiat Money (cartoon tutorial)</title>
				<link>http://www.wilmott.com/blogs/irismack/index.cfm/2012/2/24/Fiat-Money-cartoon-tutorial</link>
				<description>
				
				&lt;a href= http://www.imackgroup.com/mathematics/772773-fiat-money-cartoon-tutorial/&gt;Brought back memories of monopoly money I used to play with as a kid.&lt;/span&gt;&lt;/a&gt;
				
				</description>
				
				<category>U.S. Money Supply</category>
				
				<pubDate>Fri, 24 Feb 2012 13:33:00 --0100</pubDate>
				<guid>http://www.wilmott.com/blogs/irismack/index.cfm/2012/2/24/Fiat-Money-cartoon-tutorial</guid>
				
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				<title>Ron Paul: U.S. Dollar Will Be Replaced by New Global Currency (video)</title>
				<link>http://www.wilmott.com/blogs/irismack/index.cfm/2012/1/18/Ron-Paul-US-Dollar-Will-Be-Replaced-by-New-Global-Currency-video</link>
				<description>
				
				&lt;a href=http://www.imackgroup.com/mathematics/753323-ron-paul-us-dollar-will-be-replaced-by-new-global-currency-video/&gt;Dr. Ron Paul&lt;/span&gt;&lt;/a&gt;  predicts there will be a &quot;financial crisis&quot; and the U.S. dollar will be replaced by a new global currency.
				
				</description>
				
				<category>U.S. Money Supply</category>
				
				<pubDate>Wed, 18 Jan 2012 03:09:00 --0100</pubDate>
				<guid>http://www.wilmott.com/blogs/irismack/index.cfm/2012/1/18/Ron-Paul-US-Dollar-Will-Be-Replaced-by-New-Global-Currency-video</guid>
				
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