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  • Bitcoin DO NOT WANT!?

    Well hello peoples. I am increasingly amazed at the harsh criticism Bitcoin has gotten from Austrian economists. Everyone is all hot and bothered about the fact that Bitcoin does not have any physical backing. So here's an experiment: Imagine that tomorrow someone releases a website called GoldBackedBitcoin...
    Posted to Economics Questions (Forum) by Seraiah on Thu, Jun 14 2012

  • Natural Money Bomb: an insidious way to blow up Wall Street

    I have been away some time but I have worked on something interesting. It is the Natural Money Bomb. Here it is: The Natural Money Bomb is weaponised superior efficiency that will wreak havoc and create chaos in the financial system. It will bring down the banks and Wall Street when it is used. The core...
    Posted to General (Forum) by niphtrique on Wed, May 16 2012

  • Currency Wars - How can currecy depreciation boost exports?

    I'm currently reading Currency Wars by James Rickards. In it, he says that one way for a nation to boost its exports is to depreciate its currency by printing money. For example, let's say that the price of a German car is 20,000 marks or 20,000 US dollars. And let's say the exchange rate...
    Posted to Economics Questions (Forum) by Jesse Cohen on Mon, May 7 2012
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