The grand total is 2.5 Trillion Dollars worth of conversational currency – 2 times the 2009 national deficit and 5% of America’s entire debt obligation – and growing. Maybe the Dollar is not so overvalued after all. Maybe the dollar deficit is counter balanced by this new invisible currency. Suppose the more inflation that occurs, the more this invisible currency will affect the overall economy.
Posts Tagged ‘zillow’
Innovation Bonds: 3 Million Jobs
Another approach for spending a Trillion dollars (backed by debt) would be for the government to issue innovation bonds (backed by innovation) to fund new enterprise. Surely the World still greatly admires and respects American Ingenuity (social capital, intellectual capital, and creative capital) and would likely buy such a financial instrument instead of more of [...]
Social Enterprise; Show Me The Money
The term social capital is thrown around with great ease without really understanding what the word “capital” implies. Capital is money used to earn more money; that means that social capital must somehow be related to, or derived from money. There is no shortage of blog posts asking the timeless question “Where’s the money in [...]