Dude, Where’s my Inflation?

It is often held as conventional wisdom that expanding the money supply means causing inflation. Those claiming this say that “printing” more money will automatically increase the prices of goods and services in an economy. In the view of many, the expansion of the money supply somehow bypasses the forces of supply and demand and…

Rising Subprime Auto Defaults and Fictional Value

If Forrest Gump were an economist he’d say: “My Mama always said capital is as capital does.” Such is the logic of capital. Years removed from the subprime mortgage crisis of 2007-08, it appears that the capitalist economy of the US has not learned its lesson. Another subprime lending time bomb has appeared. This time…

Death to The First Worldist’s Burden

It is a firmly held position by Third Worldists that first worldists are not the allies of the global proletariat. First world people, despite their income demographic, will ally themselves with the ruling ideology by supporting the mass slaughter of the third world. It is in their interest to do so. Their globally privileged position is…

The Bitcoin Split Won’t Inherently Change the Currency

Bitcoin is the monetary scheme that refuses to go away. In the past, we’ve seen the instability and inherent flaws in the currency. But right now we’re seeing something interesting. The value of Bitcoin has increased 15% since last Friday reaching $3,230 per token. The Bitcoin community is celebrating this increase in the wake of…

Trumponomics: A Scatterbrained Idea

Donald Trump has been quite strange when it has come to economics. It is clear from anyone who has heard him speak that he has little to no knowledge on the subject. often he contradicts himself or makes promises that simply cannot be fulfilled. He’s entirely reliant on others for information. When they advise him,…