Tag Archives: money out of nothing
Bailout vs. Bernie: Which is more “socialist?”
Oh, the smugness that doth flow from those who fancy themselves to be cold realists, allegedly harboring nary a scintilla of fantasy about the way the world doth “really work”—a way which these smug folk unfailingly describe with a single, … Continue reading
Why Is All Money Ultimately Fake? Economist Steve Keen Explains. Time to Break Your Conditioning.
In a post-Oxi appearance on the Keiser Report (episode #780), noted economist Steve Keen spoke about the Greek economic situation specifically, then about the nature of debt generally, and in so doing perfectly encapsulated what I recently have been chastised … Continue reading
UNICORNS ARE REAL–IF YOU’RE A BANK
And if you’re not a bank, then…no unicorns, only trolls. But really, it’s amazing the extent to which human society continues to run on myth, as one can see during the extended interview of Timothy Geithner by Jon Stewart, and … Continue reading
BANKS GET FREE MONEY, YOU GET JACK-OLA
“Quantitative easing” (QE) is a fancy, bullshit banker term for “We’re going to give free money to banks and it’s going to come out of your pocket.” Of course, as we all know by now, the money that was and … Continue reading