Monthly Archives: January 2016
The great word game of banking explained: reclassifying “loans” as “deposits”
The other day, I ran across another stellar article about money creation at Washington’s Blog. The article, titled “A Loophole Allows Banks – But Not Other Companies – to Create Money Out of Thin Air” contains excerpts from a 2014 … Continue reading
Which came first, the “socialism” or the iPhone?
The “socialism,” of course. Check out a recent, great article at US Uncut about how taxpayers funded, through the Defense Department, the National Science Foundation, and other government programs, innovations that made smartphones possible. Indeed, the “horrors” of “socialist”-esque cooperation … Continue reading
Posted in "supply and demand", Crap-italism, Master Narrative, socialism
Tagged Apple, capitalism, iPhone, socialism
Leave a comment