A debt deflation happens when the supply of credit in the economy shrinks, which makes existing loans harder to repay, which causes bankruptcies, which causes loans even harder to repay, etc. But here's the thing the Keynesians worshipping the state never tell you: Debt deflation wouldn't happen in the first place without debt inflation.
27 Dec 2024 2 minute read 0 comments Evih
source A debt deflation happens when the supply of credit in the economy shrinks, which makes existing loans harder to repay, which causes bankruptcies, which causes loans even harder to repay, etc. But here's the thing the Keynesians worshipping th...
1 Jan 2024 1 minute read 0 comments Evih
I like the idea of cryptocurrency as a mechanism to keep track of how much of some token (abstract thing that can be used to represent any functionally finite resource that is traded) each individual in a group owns. It solves the similar proble...
5 Oct 2023 1 minute read 0 comments Evih
In this post, I will delve into the how public debt can lead to a crisis, particularly in the context of Japan The basic issue here is that the Japanese government has depended on an ultra expansionist monetary policy and large fiscal subsidies in o...
10 Sep 2023 1 minute read 0 comments Evih
Hello everyone, have you ever wondered how stocks and shares worked in the age of piracy? If yes then you're in the right place. A good example of how stocks and shares worked a long time ago was during the age of piracy (I’m serious). Ships, thei...
