The goal of monetary policy is to restructure national economies. A market can exist under Planned/Command Economies just as a command can also exist under Market/Mixed Economies. The nuances are subtle and will never be made apparent to anyone without… Read More ›
Day: August 28, 2021
The Commanding Heights of Powerball Gambits (Pt. II of V)
Take a look at these photos of Soviet and Eastern Bloc sports cars and luxury sedans. I am simply fascinated by these vehicles because there is such as thing as the “State and the Socialist concept of Property“: Under the… Read More ›
The Commanding Heights of Powerball Gambits (Pt. I of V)
“Become who you are!” ―Friedrich Nietzsche, Thus Spoke Zarathustra: A Book for All and None There is another, albeit subtle, difference between a Market Economy and a Command Economy, a Mixed Economy and a Planned Economy. The secret is in the concept of Currency:… Read More ›