Category Archives: Money

Universal income is not an option. It’s inevitable.

Posted on February 14, 2018 by Mike

An article in this morning’s New York Times, “The Robots Are Coming”  raises the issue of what has been called a “universal income.”  The potential political candidate in the article, Andrew Yang, is proposing that the government should provide each adult … Continue reading →

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Is Bitcoin money?

Posted on August 14, 2017 by Mike

  Many things have been used as money in the past; ranging from metals – both precious and base – to tally sticks and printed paper.  In primitive societies cowrie shells and giant stone wheels have been used as money.  … Continue reading →

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Ever heard of the petrodollar?

Posted on June 20, 2017 by Mike

You have undoubtedly heard the term “petrodollar.” But, like most Americans, you probably don’t have a clue as to what it means, or how it has completely and totally affected the lives of every American.  And caused the deaths of … Continue reading →

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Bitcoins ain’t tulips.

Posted on June 6, 2017 by Mike

This article entitled “Clint Eastwood’s Advice on Bitcoin Speculation,” is a perfect example of the kind of crap advice being given by financial commentators who are trapped in the old paradigm – only dollars are money. In it he compares the large … Continue reading →

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