F Dominicus Blog

A politically incorrect blog about matters of money, government, bureaucracy, freedom and sometimes something else.

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Poverty the deledefs way
Just see the following there is a construct called relative poverty. And it's "definition" is that those are poor which earn less than half of the average income. So let's see an example. Our world is simple we have 1/3 earning 1000...
Introducing a new? scenario
Well it looks as if the diverse reserve banks like to start a degradation race. Simple and convincing idea. Well we just can out of this mess (we have encumbered) with exporting as much as we can. And well they did not say it yet, but are surely working...