How to fight deflation
It is said that money value results from the quantity of money that are chasing the products. It is actually the opposite: money value depends on the rate of products chasing money. It sounds similar,...
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Unequal inflation
It's common knowledge that if you print more money, you will produce inflation. However, things are more complex than that. You can have both inflation and deflation in the same time. More often, we h...
The Economy theory - goods and money
Welfare Welfare = produced goods + redistribution curve At the basic level, welfare in society is just a matter of produced good (including services) and the redistribution curve. Money is not welfare...
Why Bitcoin will fail
This is not about a specific flaw in Bitcoin, however Bitcoin is a preeminent exponent of the crypto-currency galaxy. Any cryptocurrency that don't have a sufficient loan base have these problems. Bit...
Debt gives value to money
What gives value to money? There was a time when money was pure gold. Later, money was a certificate that you own a quantity of gold in bank (banknotes). Now the money are just quality paper, without...