Wonder where your money went? “John Paulson took it,” wrote Peter Cohen of BloggingStocks. Want to know what Paulson is buying this year? Gold. Betting against the dollar is his latest ploy and so far seems to be working. Ummmm…this means that the rest of us are basically screwed, again.
Posts Tagged ‘gold’
Bovine Economics
Every week, we’ll collect headlines from the Google News Search that contain the word “money” and replace it with the word “Productivity” [in brackets]. If the headline still makes sense, then enjoy the article in confidence that you are being nourished. If it tells a different story, it’s Bovine Economics – suitable for mushrooms and methane
You Can’t Eat Gold
A successful and stable currency must be backed by the productivity of the [citizens of a country] users. So these two words should be interchangeable; i.e., a country spends productivity to fight a war. A country spends productivity to fund universal health care, etc.
Is The Banking System Corrupted?
Finally, after viewing these videos, you will have a greater understanding of what money is, what the future holds, and why the Ingenesist Project is therefore so Important.
That Pesky Little problem With Market Capitalism
Technological change must always precede economic growth. We are going about the process of market capitalism as if economic growth can precede technological change. Somewhere along the line we have gotten the cart in front of the mule.
It seems that this situation can be fairly easily corrected – after all, it’s the same cart and [...]
A Few Predictions for the Innovation Economy
Social Network will become the corporate structure of the future. They will spit out start-ups at an astonishing rate.
The “resume system” will be banished forever possibly earning the title of the cruelest human invention since the lobotomy.
The University System will be challenged – the relevance of the college degree will be questioned in an [...]
The Capitalization of Knowledge – Innovation Bonds
With a computer readable knowledge inventory, local communities of practice, a percentile search engine algorithm, and the virtuous circle of finance, then future innovation cash flows can be predicted much more accurately and with far lower risk than with, say, the venture capitalists acting alone.
Were risk is predictable, cash flows are predictable and the portfolio [...]
Economics of Innovation
Every time humans invent better ways of doing things, the economy gets a little bigger. This is a simple idea. The cave dwellers discovered that they did not have to travel as much hunting and gathering if they could sharpen a rock enough to chop a tree down for firewood or for spearing animals. That [...]