Tag: Debt

The Lasting Effects of The Nazis

An Ounce of Prevention An Eternity of Pain

When Germany suspended the gold standard to help fund the costs of WWI, they set in motion a series of economic dominoes that concluded with a grand finale: a system of global monetary rules and standards.

While hindsight is always 20/20, it is helpful to look back at the causes for Germany’s dire economic situation in the 1910s to see how one catastrophic mistake lead to another. The result, the end of the gold standard and a monetary system built on predatory lending has only deepened our persistent economic malaise.

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America’s Addiction to Debt

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Back-to-back administrations in the late 70s and 80s were unable to prevent the specter of stagflation from taking over the economy. Although every macroeconomic policy under the sun was attempted, and both Carter and Reagan were undermined by sea change in America’s debt structure, the increasing sale of national debt to foreign governments to finance further deficit spending.

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Why Automation Doesn’t Improve Our Standard of Living

We wanted everything for free, and now we are media slaves continually looking for a micro rush of information that pleases us. Everybody is in a personalized media bubble not aware that we are stripped of our humanity peace by peace.

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Dear Humanity, We Have a Broken System

The iPhone is hailed as bringing in the mobile revolution yet it seems more like mobile isolationism, today. Everybody wanted a desk job, and it turns out sitting all day is as deadly as smoking.

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