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...
Tag
#Money
Explore (search, categories, archive)
On jobs and welfare
We often hear the expression "this creates jobs". But job creation cannot be good in itself. The state could create well payed jobs for everyone for doing nothing. Even with jobs, if nobody produces f...
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...
Two ways to pursue happiness
Intelligent people learn to adapt to environment, unintelligent people adapt environment to them (popular joke) 1. Change the outside Few people can be happy when basic needs are not met. When you a...
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...