Economy
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Mowing the Lawn
Trump’s tariffs are nothing but a scam to rip off the American people once again. It’s another mowing of the lawn courtesy of the ruling class for whom Trump works. And we are the lawn that is being mowed. With his tariffs and their resultant economic devastation, Trump and his ruling class backers have once…
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Don’t Cry For Me Argentina
Most of Argentina problems are self inflicted. As you may know, Argentina has a massive inflation problem. When I read the news I get confused as to what’s going on., So I did a graph below to help help organize my thoughts. This is a work in progress. Feel free to download. and share. You…
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Inflation
How does a currency become worthless? Well, of course, it begins with inflation. The government starts printing money in order to cover its excessive expenditures or shortfalls. Simply put, the government is taking in less money than it needs to dish out. Now, there are any number of reasons why this is happening. Number one.…
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Keeping People Poor
Have you ever wondered how these countries who are broke got that way? The media talks about these countries all the time, but they never seem to hit the nail on the head as to why these countries are in the situation that they are. They either explain in eco-babble or they don’t explain at…
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Infation 2
The other part of inflation is, of course, the,amount of goods that people produce . Supply shortages and surpluses are important. To that end inflation can be defined as the eco-available money divided by the eco-available goods. As money chasing goods goes up inflation goes up. As the amount of goods go down, inflation goes…
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Inflation and Immigration
What are the factors that affect inflation? Firs, let’s look at the overall determiner of inflation, which is the amount of eco-available money in society divided by the number of eco-available people. For the purposes of this conversation I’ll suspend the use of the word eco-available and assume that I intend to say that. To…
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Freaking Out Over Interest Rates
Are you freaking out over interest rates? You shouldn’t. I know it’s tough to stay calm when every so-called expert on Fox and CNBC is screaming at the Fed to lower interest rates. They want to get back to the easy money as quickly as possible. That of course is a mistake. We need the…
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The Future of Interest Rates
So what do I think will happen with interest rates? I think interest rates will go up. Currently they are about 5% I think they will go up to 10%. by next year at this time. Can I point to any fancy statistics that will support this? No. My gut feeling is based upon the…
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The National Debt Joke and Waste of Tome
No one should worry about the national debt. The entire subject is a waste of time. The national debt means nothing because it’s not like the debt you have with.a car or house loan. It’s not like your personal debt because you can’t print money in order to pay back your debts. Plus, not one…
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Inflation and Deflation
There is a simple way to understand inflation and deflation. What causes inflation? Less productive people, decreased immigration, unbridled confidence, lack of fear, increased printing of money, low interest rates What causes deflation? More productive people, increased immigration, lack of confidence, increased fear, decreased printing of money, increased interest rates These are general rules. Of…