Categories
Economics

Money Creation, Fractional Reserve Banking & Central Banks

Sovereign governments have the power to print their own currency.  Governments authorize their Central Banks to manage their fiat currency.  Central Banks have the authority to create money.  Central Banks can create money that increase the money supply and money available for financial transactions. More money in the system is inflationary in nature.  Inflation is […]

Categories
Philosophy

Trading Marginal Value, Sovereignty, and Automatons

Human beings have birthrights and entitlements, unlike any other living creature. In democratic and free market nations, we have private property rights, the right to vote, the right to life, the freedom of speech, the freedom of movement, the freedom to work and pursue happiness.  We have freedoms and liberties given to us by “default”.  […]

Categories
Philosophy

Evolving DNA, Life, Instinct and Ancient Voices

Evolving DNA, Life, Instinct and Ancient Voices

Categories
Philosophy

Energy, Atoms, Life & Batteries

In the beginning was energy.  Maybe it was matter, or something else.  For simplicity, let’s assume we started with energy.  The universe experienced the Big Bang.  Energy is converted into matter, or at least a lot of it was.  Energy becomes matter.  Energy is matter and matter is energy.  E=MC2, So the science goes. The […]

Categories
Philosophy

We Live in a Virtual World

We live in  a virtual world today.  What we need physically are provided for by machines and a few humans.  All basic human needs are fairly inexpensive and easy to acquire. We spend most of our day in front of computers, glued to our phones, talking to dots & colors on computer screens and phone […]