Last week I was at a conference in San Antonio. I had to join the event on Saturday but was not required to take part in any activities on Sunday morning. I thought I would take the opportunity to go for a short walk and see the Alamo. Since there was an IMAX theater on the way, I felt compelled to check out what was playing at the time and noticed that a show about the battle of the Alamo was about to start in a few minutes…

I recently stumbled upon the exact figures of US Debt to the Penny which as of a second ago indicated that public debt outstanding was $11,043,588,980,678.90. The latest monthly report is available here. I was very surprised to see we still had such debt given this prediction to have the debt paid off by now. The FAQ encourages us, the private citizens, to help pay off this debt with the following statement…

A sense of worry about the many negative unintended consequences of recent actions has come over me. Perhaps it has something to do with receiving “healthy” doses of government propaganda during my ten years in the Soviet Armenian school system. I can still remember the brain-cleansing we had to undergo…

My surgery went well. I am now home recovering. I was reminded yet again how dependent I am on people around me. Words alone are not enough to describe my wife’s unending support and devotion during a time when I needed her most. Experiences like these bring us closer and make our small family stronger. She could be next to me because our whole family was there for us and for this I am very thankful.

Every time I am at a hospital, I am humbled by…

After years of focusing on nano-economics (too small to call it micro) of my little family, I went on a pleasant trip down the macro-economics lane today. At the end of it I realized that I must have slept through the undergraduate class on Federal Reserve monetizing the nation’s debt because I was “surprised” to see almost a trillion dollars of Treasury obligations on the asset side of the Fed’s balance sheet…