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
Tag: Truth
Jobs and growth
You all digress why is jobs and growth the goal of society would be a better question jobs and growth lead to more growth, to greater GDP, for a more equal basis for which to consume. Basically, if you have a job you can buy shit is the shit you buy good for society, the… Continue reading Jobs and growth
Truth (2)
Numbers remain as they were invented with no ulterior motive. I know and I like them. They do not post on Facebook telling me life could be better. Nor comment on my virtual friends Numbers have nothing to sell The result of ergo cogito sum They tell us one truth