Economics
Fiat Money and Socialism
For some time now I have been mulling over the possible causes of what seems to be an increase in the desire for socialism among the young. For someone of my generation (an early post [more…]
Cantillon Effect
Business
The Gulf Between Rich & Poor
We are well into the protest season. The long run-up to the election period has been characterised by one protest after another – no-deal Brexit, climate change, arms sales, Tommy Robinson, police brutality, capitalism, Trump’s [more…]
Economics
Counterfeiting Money Is a Crime, Whether by the Fed or A Private Individual
A few years ago, shortly after the 2008 subprime lending disaster, the Fed sent a public relations team around the country to conduct supposedly “educational sessions” about how the Fed works and the wonderful things [more…]