Summary:
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)
Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained
Lars Pålsson Syll writes Schuldenbremse bye bye
Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.
Creating imaginary money and buying goods and services with it cannot be a sustainable economy. It is based on stealing the value of the money. It is criminal. History has shown us that devaluing the money destroys the economy.
Money should be like the oil in an automobile engine. Reducing the friction of transactions to help the economy to run smoothly. Instead we have created a system such that the purpose of the economy is to pump money around.
recomand the dow to gold ratio on liniar scale for the long cycle of a generation.