The legitimacy of MMT (Modern Monetary Theory) to the uninformed observer rests on the Post-Bretton Woods Debt Standard, brought into existence after the Death of Bretton Woods. In fact, the Post-Bretton Woods Debt Standard is made possible due to most… Read More ›
Compendium
Stablecoins and Crypto Winters
Back on Friday, I discussed about the Russian government’s half-hearted attempt at “reviving” the Gold Standard. I still stand by my conclusions from that post because I am convinced that Russia’s central bank half-opened a gold window, paying around ₽5,000… Read More ›
Lessons from the 600-Ship Navy — Station HYPO
The 1980s proved that great-power competition requires clear naval strategy and advocacy. By Lieutenant Joseph Sims, U.S. Navy The U.S. Navy of the 1980s provides a reminder what serious peer competition in the naval sphere looks like and the resources… Read More ›
Why raising interest rates to reduce inflation may work out very badly — Our Finite World
Are we headed for very high energy prices? Or, are we headed for a financial system that starts falling apart? The whole economic system may change remarkably. For example, what many people thought was money, or a promised pension plan,… Read More ›
Work-Standard Critiques of Pensions (Pt. I of II)
In The Work-Standard (2nd Ed.), the concept of the SSE (Socialist Student Economy) provides clearer definitions on how the Student–the “Self”–defines their own future. The Entry entitled “The State’s Educational Policies and Ranking System” identified four specific areas where they… Read More ›
As promised earlier today, the second batch of .pdf documents have been uploaded to the Digital Library of The Fourth Estate. This batch includes the source materials that went into my arguments regarding the origins of Socialism and why my… Read More ›
Update (9 March 2022)
Today, I will be uploading the next set of .pdf documents to the Digital Library. This next set will be focused on economics, finance, and international trade. Some of the topics should be familiar to anyone who has read the… Read More ›
Revision (18 February 2022)
After deliberating on the topic for a while now, I have decided that I should release the Second Edition of The Work-Standard tonight. There is not much else for me to elaborate where this treatise is concerned. Anyone interested will… Read More ›
Update (18 February 2022)
Okay, I double-checked the math for the accounting work in Section Eight for the Second Edition of The Work-Standard. Everything appears to be in order, and my plans to have the Second Edition available by the end of February is… Read More ›
Update (16 February 2022)
Okay, I have decided when I will be submitting the completed Second Edition of The Work-Standard. So far, I have decided that it should be ready for download by the end of this month. After that, I am not going… Read More ›
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