All Currencies will gain or lose Value over a period of Zeit (Time). Any increase in the Value is called “Appreciation” whereas any decrease in the Value is “Depreciation.” How the Value changes is dependent on the Currency being Liberal… Read More ›
Finance
Bretton Woods, the Gold Standard, and the Rise of the Debt Standard
To begin, I should address the significance of terms such as “Kapital,” “Schuld,” “Incentives of Supply and Demand,” and other associated terms. These terms are used specifically in my critiques of Liberal Capitalist economics and finance to document the distinct… Read More ›
Prelude to Capitalism and Socialism: The Renaissance, Printing Press, and Double-Entry Bookkeeping
The Renaissance in Western history began in the wake of the Black Death which ravaged Europe in the mid-14th Century (1346–1353). The Black Death sparked the decline of Feudalism, which was originally the Economic system of choice in the West… Read More ›