Ever wonder why you just can’t “get ahead”? Well, it’s all part of the larger scheme of things. Oh, I know, some folks do get ahead in one way or another and to one extent or another. But only the very few – the less than one percent – really make money and keep it … More Making Money and Losing It
Any genuine scientific analysis of the trajectory of global capital is hard to find. Economic history is rife with ideological stories of “wealth creation,” “capital formation,” and the mythical “invisible hand.” What is capital? What is wealth? What is money? Well, they are all pretty much taken for granted in most economic thinking – conveniently … More Global Capital, Illusions of Wealth, and the Walking Dead
How is money made? Well, in conventional terms we work for it. But where does it come from? We know that the economy needs a sufficient “money supply” so we can exchange “goods and services” every day. Of course, it’s not that simple. After the “Great Recession” of 2008, the Federal Reserve injected hundreds of … More Making Money: The Ultimate Illusion of a Debt-Driven Economy
Money and banking seem far too mysterious to far too many people. Read all about it and you may feel that much of your time was wasted, simply because at root it seems not all that complicated. Oh, the world of money and banking has been made quite complicated, but that’s because of who is … More Money: Banking on the Economy of the Absurd
