Was watching the world wide projections last night. May be the reason I cant sleep.
Remember the article talking about switching from an oil base economy back to gold. Sure would like to re read that article now. But IIRC the price of oil and the market both had to drop to make the switch. Anyone save it?
Family member just had a sonogram at a hospital. Billed as $2285.75. Insurance discount $1797.86. Hospital accepts payment of $487.89.
Consider the overhead costs on processing that $487.89. Why shouldn't everyone be able to walk in and pay $487.89, regardless of their insurance or lack thereof?
I have seen the same sort of nonsense with my bloodwork .. over $600 billed, $60 or so is accepted. But, Joe Public would have to pay the $600.
This such a racket ... made to make you beg for insurance. This is such a corrupt system. I cannot believe this sort of collusion/racketeering/price gouging is legal.
Instead of messing with “like your doctor keep your doctor” or “single payer,” how about just cleaning up the billing so every poor schlub has a fighting chance to meet their medical bills????
This gets me so angry. (pant pant)
Getting off the gold standard was a big mistake. A gold standard prevents government overspending and borrowing. However it most likely wouldn’t be feasible to go back now, with all the worthless fiat around an ounce of gold would be way over $10,000.