The financial system of today is designed to help the rich leverage their existing wealth to become richer without enterprising or risking, just by inflating prices of existing assets. The financial system

There is a big discussion about taxes. "Reducing taxes for the 1% when poor children starve is immoral" say some. "No, taxation is theft!" shout the others. However, what is missing is a proper, meaningful

There are many different ways to explain Silvio Gesell's concepts of the Natural Economic Order. The one I prefer is quite simple - we (and when I say we I mean the global economy as whole, especially

This is a link to a story everyone interested in the money system should read: The story of the 11th round illustrates how the introduction of interest in a monetary system forces artificial competition

From today's guardian: "A five-year-old girl was left in tears after being fined £150 for running a stall selling cups of homemade lemonade to passersby. The schoolgirl was accused of trading without

Satoshi Nakamoto has stated the following: “The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but

There is a strong correlation between political freedoms in a given country and the level of support for the state, expressed by country's conservative political elite. In an autocracy, conservatives are

I have decided to participate in an ICO for the first time. I believe Nimiq solves one of the most important problems of the crypto world - it makes things easier for the ordinary people who don't want

I want to share this quote from 1984 further to my earlier post. “Ever since the end of the nineteenth century, the problem of what to do with the surplus of consumption goods has been latent in industrial

We live in the XXI century. We have inherited our civilisation from Sumer, Akkad, Babylon, Persia, Greece, Rome, Khalifat and the West. Our technological progress is enormous. Global economy has never

I invested in Patientory recently. Although the price went down since, I noted that the dump happened on very low volumes. As you can see from the chart, the price rises on high volumes and falls on low

Thursday marks the 10th anniversary of the iPhone. Here are the 10 charts that show how it has changed the world:  

Thanks to everyone who followed me! I hope you will find my posts interesting and I am looking forward to reading yours alike. Have a fabulous day!

“The Bible has a term for this practice. It’s called usury. And in The Divine Comedy, Dante reserved a special place in the Seventh Circle of Hell for those who charged people usurious interest rates,”

The quote below seems to be interesting in our over-financialised world. The most hated sort, and with the greatest reason, is usury, which makes a gain out of money itself, and not from the natural object

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It is quite surprising that researching the money system is considered by The Very Serious People* as a domain of 'cranks'. I can understand when conspiracy theories are dismissed, but when it comes to

One of the main arguments against the universal basic income (UBI) program is its alleged unaffordability. However, this argument incorrectly implies that our existing financial tools and policies define

What do you think about this statement by Henry Ford?

Post-truth became Word of the year 2016, being defined as ‘relating to or denoting circumstances in which objective facts are less influential in shaping public opinion than appeals to emotion and personal