For those who are not aware, I had finished my undergraduate education late last year. Although the major was Political Science, I chose International Relations as my concentration. International Relations is an interesting field that appealed to my lifelong fascination… Read More ›
Based on the current literature, there are currently two conceptual definitions for what passes as an “Energy-based Currency.” One interpretation suggests that such a Currency is really a metaphor for Cryptocurrencies such as Bitcoin, which relies on consumption of electrical… Read More ›
Going to be busy taking care of personal matters outside of the Blog. I still need to delve further into the existing literature about the Energy-based Currency. Expect another Work-Standard critique before Saturday.
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 ›
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 ›
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 ›
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 ›
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 ›
The second half of “On State Budgets and Parliamentary Budgets” is expected to be completed before the end of today. My goal is to discuss what is otherwise an extension of something that I had mentioned previously in The Work-Standard… Read More ›
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