Well, living in the Fiat world of Today, Money is actually backed by debt. And Student debt is one of the many debts that help to fuel the economy, besides those shitty Mortgage Backed Securities that are diced up and resold and packaged as a shitty Triple A investment. When you see an impressionable impressed… Read More Student Debt Fuels the Economy
So there’s this idea and theory that Taxes can be used as a sort of carrot and stick to incentivize certain actions and disincentivize certain actions. A Sort of ‘pragmatic policy decision making’ for a lack of using Vulgar Pejoratives. You can provide tax credits to people who do X thing, like drive electric cars,… Read More The ‘Tax Economy’
I beseech thee, dear wayward soul embarking on the digital odyssey, come hither and share with us, a story for a while. I implore you to read this passage of the woes of yester-century; Grapes of Wrath; Here thee, an excerpt from the times of dustbowls, troubles, and migration of 1939’s; The decay spreads over… Read More Grapes of Wrath 21st Century Edition
Should Capital gains tax be linked to inflation? If you buy an asset and it appreciates in value, but Inflation makes that appreciation a net loss. Then Inflation just made your taxable event worse. For example, if your Stocks go up 10% and inflation goes up 20% since buying. If you sell for that ‘10%… Read More Inflation makes Taxes worse
This is all theory and every theory is just speculation. So, a price mismatch or a price change is how scalpers, peddlers, and merchants make their money, their bones. Their job, when not perverted by market manipulation, is basically taking the supply to the demand. Or somehow selling the demand, and then finding a way… Read More CBDC is a threat to the velocity of money
The study and branch of Economics is used to govern and drive fiscal policy like that of the Augury in Roman Times. Some studies use numbers and whatnot, as if adding numbers makes the soft science of economics even ‘harder’ or more ’empirical’. Yet the derivation of meaning behind what these numbers mean is subjective… Read More Economics is Modern Day Augury
This is obviously a joke post, but it’s pretty unique and cool of a feature. You know, something cool that I thought I’d share. So the cool feature is that the Federal Reserve can issue loans to any bank in the world. Yup, the same Federal Reserve that is a private organization owned by US… Read More A cool feature of the Federal Reserve
Remember the Clown Virus and the stimulus bills to stimulate the economy? Remember how the Federal reserve said they wouldn’t Bail out the banks like they did in 08? Well, the Federal Reserve bought a bunch of ETFs which were owned or supported Banks. So, yea, The Fed Reserve bailed out the banks. . .… Read More Fed Reserve bailed out banks again (in 2020)
So, I joke and meme about the IRS on the regular. I haven’t explained at all why the IRS and Taxes are a scam, but if you’re enlightened and do your own research, then you’d understand the gravitas of le Matrix and the suppression and reallocation of wealth from the poors to a select few.… Read More What’s going on with the IRS?
Economists should be Tarred and Feathered** **This is of course, an opinion in a non-violent manner and in a way that is consensual and not inductive of any damage nor breaking any will, consent, or laws regarding the livelihoods of persons or figures real, unreal, imaginary, alive, nor dead. This is also not a call… Read More The definition of Recession has Changed because the Economy isn’t real