Allies Worry as Trump Accuses Germany, Japan of Purposely Devaluing Currencies
The currency wars are heating up.
The currency wars are heating up.
During the 2016 US election period, Russia was accorded intense attention. Hillary Clinton took a belligerent stance vis-à-vis Russia, while Donald Trump took a more diplomatic stance.
Trump emerged victorious. Following his inauguration speech a choice became apparent for international relations and the direction a nation may pursue.
Demurrage
Demurrage is part of the wider system called EnMo economics. In this model the main business of the state is ensuring that people have enough of everything they need of essential goods and services. To this end the state ensures that anyone who wants to work is able to do so, helping to provide those essential goods and services.
There are a couple of basic concepts to understand before explaining a little detail about demurrage.
After the Electoral College vote, the Trump presidency is now official. As denial and blame games continue, it becomes clear this was not a foreign government coup d’état. The truth is that democracy in America has been rotten to the core for decades. It is meddled with by corporate lobbyists, Big Pharma, Big Oil and Wall Street –those who are addicted to money and power.
The real motivation to go cashless is downright sinister.
The pursuit of justice in the United States has never been never easy — or cheap.
While British Prime Minister, Theresa May, keeps insisting that Brexit pathway will be a smooth, relatively painless process filled without dramatic compromise to lifestyle and outlook, the traders, stockbrokers and wolves of the City have gone about their own business. They, the suggestion goes, knew better, whereas the idiotic Brexiteer ventured to the ballot in total ignorance.
Economists like to treat money in an economy like a politician treats air in politics. It is absolutely necessary to the exchange of ideas but plays no fundamental role in history. Dr. Hudson’s book, The Bubble and Beyond, is an attempt to disabuse you of that idea.
No challenge poses a greater threat to future generations than climate change.
— Barack Obama, leader of the US global dominance regime, Nobel Peace Prize laureate. (Any questions?)
The current world energy sources are like this: