let me get this straight:
- all in for international cooperation
completely against:
- shipping jobs where they are cheapest and no laws prevent dumping poison into the landscape
let me get this straight:
completely against:
a lot has been said & studied about the very expensive consequences of climate change (yes there is natural climate change, but human made climate change is on top)
need to talk & implement more solutions!
mulberry tree in the desert: https://www.pinterest.com/pin/properly-staked-mulberry-tree–123708321001774198/
first of: “economics” is where “believe” and “science” meet.
Often it is not clear, what parts of economics is “real science” and what is “make believe”.
What is for sure: all “modern” monetary systems are FIAT systems,
this means, some entity (state or bank, usually “independent” bank of banks)
So ask yourself: What gives money it’s value?
As it has no intrinsic value (it is not gold and since the 70s the US-$ is (thanks to Nixon and the Vietnam war) not linked to gold anymore).
The German Mark after ww2 was one of the first FIAT systems, economists predicted it will never work.
But it worked, because Germans worked hard for that paper money, even if it can not be converted to Gold or Silver or “guaranteed amount of bushels of grain” or this or that product of scarcity (that in the terms of grain, actually provide some purpose).
So does printing more money cause inflation?
Sure it does.
Ask yourself: What does a bank produce?
Actually a bank produces only one thing: loans.
If it does not produce loans, it’s like a factory with no output (lost it’s purpose).
The question is: If the banks fail at their core task, can the state step in, and lend money to citizens that want to create those innovative products = jobs?
Also What is the best way to battle inflation?
Imho it would be:
second best fix:
Thatcher did that it was not pretty.
Buying and selling stocks or real estate, is not investment, it’s speculation (not adding value to society in any sense).