Bubbles, Poetry

A fractional reserve

Money is debt, created by government bonds, and/or fractional reserve banking, essentially the same thing. since decoupling from the gold Standard money is fiat the value ascribed an indication of the confidence of the market in the medium of exchange To goal being to siphon a proportion. Due the 'inventor' of the investment opportunity. Converting… Continue reading A fractional reserve

Writing

Theconversation II

Evening, you are of course correct that the market, in itself, is simply an efficient medium by which to exchange, the work done by increasing entropy. Money, the medium of exchange, is now digital, existing as a construct. So what will you tell your child when they ask where monies come from? Is it like… Continue reading Theconversation II

Writing

Theconversation

Evening, you are of course correct that the market in itself is simply an efficient medium by which to exchange the work done by increasing entropy. It would seem that the market democracy has already usurped actual democratic governance by enabling an unfair bias towards those that control the medium of exchange. Those, the majority,… Continue reading Theconversation