Macroeconomics

People saying that deflation is bad or that inflation is necessary are truly uneducated on the topic. It may sound strange but it’s true. Deflation in today’s world brings no benefits. Sure, in the past, the inflationary system helped economies grow in the short term and gave many job opportunities by indebting its future self. […]

Embark on a riveting exploration of the US dollar’s journey from post-World War II triumph to its current global reserve status. Uncover the pivotal moments, including the Bretton Woods Agreement and the Nixon Shock, shaping our monetary landscape. Discover how the dollar’s detachment from gold led to unchecked money printing and potential repercussions. From the

I would normally start a post with a summary for all the impatient folks. But you need to read through this one from top to bottom. This is about world economics and the evil reserve currency lifecycle. I like to question everything, even my own beliefs, and I encourage you to do the same. Don’t