At this point, it appears that I have finally mapped out the current extent of all known rivals to the Work-Standard’s Theory of Money (WTM). Compared to the Theories of Value, the Theories of Money have been easier to identify… Read More ›
Month: October 2022
Update (26 October 2022)
Okay, I finished adding the latest WordPress posts that piqued my curiosity in my readings of other Blogs. Apparently, the concerns about a new Recession in 2023 remain constant, there are recurring questions about whether Cryptocurrencies will weather the turmoil,… Read More ›
What is Fiat Money? — Net Mailer US
Fiat money, or prestige money, is a government-backed currency, depending on the law of a country. What is Fiat Money? Fiat is a Latin word … What is Fiat Money? — Net Mailer US
Watch Out For These 2 Dates: Bitcoin, ADA, SHIB and ETH Will Be Affected! — Net Mailer US
Bitcoin (BTC) is busy climbing to three-week highs on October 26. Dove signals from the Fed weakened the dollar as Ethereum hit its highest … Watch Out For These 2 Dates: Bitcoin, ADA, SHIB and ETH Will Be Affected! — Net… Read More ›
The Most Splendid Housing Bubbles in America: Biggest Price Drops since Housing Bust 1. Record Plunge in Seattle (-3.9%), Near-Record in San Francisco (-4.3%) & Denver. Drops Spread Across the US — Wolf Street
Big drops in San Diego, Los Angeles, Dallas, Portland, Phoenix, Boston. Prices going down faster than they’d spiked? No way. Oops. The Most Splendid Housing Bubbles in America: Biggest Price Drops since Housing Bust 1. Record Plunge in Seattle (-3.9%), Near-Record in… Read More ›
A Work-Standard Critique of “Debt-Free Fiat Currency”
In Philosophy, the most common conceptions of Currency were entertained by two predominant Theories of Money, the “Commodity Theory of Money” and the “Credit Theory of Money.” Those two Theories of Money helped contribute to the rise of the Fractional-Reserve… Read More ›
Tax Rates Vs Tax Revenue — timgoldfinch
What has brought me to write this is the debate over Kwasi’s Mini-budget and Tim Congdon’s video on the sustainability of UK finances ,with an unfunded tax cutting budget , without cutting public spending to match it . ( which I… Read More ›
Update (25 October 2022)
Today, I have yet to decide on what topic I should be discussing next. My readings of the two books that I uploaded to the Blog are still ongoing, so I am not expecting to write another related post until… Read More ›
On State Budgets and Parliamentary Budgets (Pt. II of II)
After paying all State Expenses, remaining State Revenues are added to the State Budget. From here, the Council State is able to allocate its State Budget to any part of the Socialist Nation. The SSE, the VCS Economy, the Reciprocal-Reserve… Read More ›
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