The U.S. Federal Reserve is our nation’s bank, created at the beginning of the last century (big thanks to President Wilson) to centralize our banking system and stabilize our currency. It is quasi-public, having both private corporations and public agencies with controlling interest. “The Fed,” as they call it on the street, controls our money, [...]
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Growth is a tool, to be used to satisfy some need. What do we need it for now? I recently had a conversation with Rob Dietz, Executive Director of the Center for the Advancement of the Steady State Economy (CASSE) that sparked some thoughts. A little background about me is needed first, though. After growing [...]
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New Scientist this week features an article casting money as a psychologically-rooted instrument. It may be a tool in the market to trade for goods, but it can be perceived by our minds as something with deeper significance and even activate the same centers of the brain as addictive drugs like cocaine and nicotine. We [...]
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