By Tae-Sik
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April 4, 2020
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~2 min read
A Chinese Conspiracy Theory It's mid 2019 and Hong Kong students are pushing back against China. They are demanding representation in government, their freedom and liberty. Hong Kong is a Chinese territory, but some people of Hong Kong have had enough. They are going to march, demand rights, liking to a democratic country. They demonstrate […]
By Tae-Sik
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June 18, 2020
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~5 min read
A free society respects the individual. A free society allows for a frictionless exchange of products, services and labor. Laws are designed to be universal and add clarity and boundries in the interaction of sovereign individuals. Wages are paid to those who provide their time and services. Labor and time is paid in exchange for […]
By Tae-Sik
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July 3, 2020
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~8 min read
We associate a bureaucracy with words like stodgy, slow, formal, inefficient, procedural, wasteful, and expensive. Where do we find bureaucracies? Usually in large companies and organizations. In government offices on a local, city, county, state and federal level. There may be less obtrusive bureaucracies in smaller establishments. What do bureaucrats and bureaucracies do? They have […]
By Tae-Sik
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March 22, 2020
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~3 min read
We have smart people on both sides of the aisle. Half the pundits say the shutting down of all commerce for 30 days is justified. The other half say otherwise. I have heard people I respect say the Covid19 is not a normal flu virus and something to be taken very seriously. The other half […]
By Tae-Sik
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June 22, 2020
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~3 min read
Democracy. The system and idea that individual citizens of a nation or state has a direct influence on the rules, laws and systems that govern their way of life. The idea that everyone may participate in casting their vote for a policy or politician. One person, one vote. The history of voting rights in America […]
By Tae-Sik
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May 22, 2024
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~12 min read
Question: Excessive money printing and fiscal spending are often cited as causes of financial instability. However, if a government issues bonds and the central bank buys them (essentially monetizing the debt), wouldn't this just lead to inflation without necessarily creating other problems? Answer: Excessive money printing and fiscal spending can indeed lead to financial instability, […]
By Milan Ji
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December 4, 2025
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~9 min read
From Blood and Soil to Contracts and Code: The Great Substitution For almost the entirety of human existence, the primary social glue was biological and territorial. Societies cohered through extended kinship networks; clans, villages, tribes, and the literal soil that contained the bones of their ancestors. In traditional societies across Asia, Europe, the Americas and […]
By Tae-Sik
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July 27, 2020
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~7 min read
Money and currency is our medium for the exchange of goods and services. In the US, we use dollars. It is printed and regulated by the US Government. It is divisible, scarce, durable, portable, difficult to counterfeit, universally accepted, and stable. The value of a nation’s currency is correlated to its scarcity and wide acceptability. […]
By Tae-Sik
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December 25, 2023
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~5 min read
Is a major recession or an unspeakable depression akin to 1929 possible in our modern age? Central banks stand ready, modern banking systems with derivative assets locked and loaded, fiat currencies ready to print and the cost of money digitally available to be distributed to anyone and anywhere in seconds. Our modern economy is global, […]
By Tae-Sik
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May 28, 2024
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~5 min read
Question: When it comes to the U.S. Treasury selling bonds, whether short-term or long-term, such as bills, do they have to coordinate at all with the Federal Reserve or are they acting completely independently and selling bonds only when and if the federal government needs money for their fiscal spending? Answer: The U.S. Treasury and […]
By Tae-Sik
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May 28, 2024
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~10 min read
You observe an aquarium filled with an assortment of small trees. The trees on the right seem larger, healthier, and more robust compared to those on the left. In fact, the further you look to the left, the less healthy the vegetation appears. You notice a water spigot located in one corner of the aquarium […]
By Tae-Sik
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June 19, 2020
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~4 min read
We live in a modern civilization. Organized. Structured. Peaceful. Productive. There is very little want. We should all be so lucky to be alive in this epoch. Civilization wasn't built in a day. It's taken thousands, if not millions of years, for humanity to reach today's precipice. We can easily take this for granted. Feel […]
By Tae-Sik
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June 29, 2023
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~23 min read
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 […]
By Tae-Sik
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June 23, 2023
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~12 min read
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". […]
By Tae-Sik
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June 17, 2020
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~2 min read
A nation is great, when its citizens are free to be their best. A nation is great when it frees its people to think freely, move freely, speak freely, and live freely. The pillars of a great nation require restraint. The foundations of a great nation is trust. Trust amongst the citizenry, its leaders, communities, […]