• 14 hours TikTok Is Becoming A New Battleground For Tech Politics
  • 19 hours Peru's Mining Industry Pummeled As Coronavirus Cases Surge
  • 21 hours Why The World Is So Divided In Its COVID-19 Response
  • 2 days Equities Cheer Stellar Jobs Report, But It May Be Fleeting
  • 3 days Is Tech Billionaire Peter Thiel Done With Trump?
  • 3 days Musk Takes To Twitter To Troll The SEC
  • 4 days Lunar Mining May Commence As Early As 2025
  • 5 days Immigration Will Go Bust Without $1.2B Bailout
  • 5 days The Economics Of The Space Race
  • 6 days Why The World's Central Banks Aren't Yet Sold On Renewables
  • 7 days How Much More Cash Can Uber Burn?
  • 7 days Inside The Biggest Counterfeit Gold Scandal In Recent History
  • 7 days EU-U.S. Trade Relations Are Deteriorating
  • 8 days Over 184 Companies Have Bailed On Facebook
  • 8 days BP Sells Petrochemical Business For $5 Billion
  • 8 days U.S. Moves To Secure Domestic Rare Earth Supply
  • 9 days E-Commerce Explodes As Boomers Go Digital
  • 9 days Major U.S. Cities Are Turning To Renewables
  • 10 days Economic Reopening Backfires, COVID Surge Snaps Recovery
  • 10 days How Are Low Car Sales Impacting The Metals Market?

Paul Tolnai

Paul Tolnai

Contributor since: 26 Feb 2010

Biography

Paul Tolnai, MBA USC is President of Drovers Financial in Fort Worth, Texas.

  • Default or Impoverishment - Our Only Option

    Published 16 August 2012 | viewed 0 times

    It is important to understand how the fiat money system really works. Let's look at international trade. A Japanese flat screen maker will trade some…

  • "Living in a Derivative World" by Modigliani and Miller

    Published 16 May 2008 | viewed 2,360 times

    All these housing bailout schemes got your head spinning? All these central bank swap-o-ramas with financial institutions got you perplexed? Are you trying to understand…

  • Perestroika for the USA

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    Increasingly the US economy is beginning to look like that of the Soviet Empire before its collapse. The authorities there simply wallpapered over the rot…

  • Boiling a Frog

    Published 19 September 2007 | viewed 5,214 times

    Ronald Reagan was fond of the saying "Those who get into bed with government can expect more than a good night's sleep". Well, it's not…

  • "Price Stability" in Inflationstan

    Published 31 December 2006 | viewed 4,630 times

    Ludwig von Mises famously said "There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is…