By Farid A. Khavari
IT’S TIME TO IMPLEMENT THE CONCEPT OF A ZERO-COST ECONOMY?
Regardless of which economic concepts are employed to run an economy, (Marxism, Keynesianism, Monetarism or any other concepts) they all have one thing in common—eventually, the cost will exceed income/revenue, leading to an overall economic decline
and to poverty; if continued, it will lead to an economic collapse!
The biggest shortcoming associated with these economic systems is the permanently rising [...]
April 16, 2012
The consistent theme from my travels so far in Europe– the UK, Scandinavia, Lithuania– has been noticeably higher prices. Shockingly so, in some instances.
London, where I spent a rather pleasant and rare sunny weekend with friends and colleagues, has gone from being ‘stupid’ pricey, to just plain absurd. Tube prices, taxi fares, food prices, restaurant bills, train fares… it all keeps going up.
And to cap it [...]
It is funny though when Banksters control the gov’t, people bitch at the conduit, and not the source. The imbalances don’t just come from the system, but the OLIGARCHS putting pressure (the ability to) upon a system. The same can occur in a pure gold/silver system. You need a system which limits these pressures, and educate the populace (and by extension the world over) of [...]
This is a technique developed from an extension of monetarism and theory regarding the time of the Great Depression. On previous similar attempts out of desperation of a collapsing economy and which after having temporary short term success in holding back economic collapse, each time has failed, with worse consequences than allowing boom bust cycles to take place, as used by Weimar Republic, [...]
I highly recommend reading “Fall of Imperial China” by Frederic Wakeman. Americans were dreaming of exploiting China’s vast markets in the 1800s. Beyond the opium wars, the outcome was minimal.
Another nice read on the vastness of Chinese history along with cyclical nature of its governance is “China’s Imperial Past : An Introduction to Chinese History and Culture” by Charles O. Hucker.
Correcting global imbalances has nothing to [...]