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Tag Archives: economic growth
On a Roll
The Trump administration is on a roll! It rolled out a trickle-down tax plan and plans to roll back Dodd-Frank so that people will have the credit they need to buy things. According to Republicans, and Trump, slow economic growth … Continue reading
Posted in Political-Economy and Philosophy, Uncategorized
Tagged current-events, economic growth, false progressivism, FMRA, liability laundering, rate of currency exchange, reserve-risk management, retributing the value of the debt, securitizing debt, subordination to the debt, Trump administration, turning liabilities into assets, zero-sum gaming
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Inducing and Reducing
Resisting the Demand for Debt To counter the argument that capitalism tends to turn people into peons by default, lawyers argue that property is not expropriated but legally acquired by consenting parties. Capitalism induces the acquisition of debt. If it … Continue reading
Posted in Political-Economy and Philosophy
Tagged contractual obligation, economic growth, peonage
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Measurable Growth
If we say that GDP, being an aggregate (gross) measure, does not measure the quality of life, and so it is not an accurate measure of domestic product, we can then say that growth is not an entirely economic measure, … Continue reading
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