Month: April 2012
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The mechanics of inflation .The great government swindle and how it works.
The mechanics of inflation .The great government swindle and how it works. http://www.abelard.org/inflation.php Inflation – the mechanics of inflation: the great government swindle and how it works is one of a series of documents about economics and money at abelard.org. – note: this document is non-linear, the position of text and boxes relative to other…
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Fiat Money, Fiat Inflation. Why we need a dollar as good as gold.
Fiat Money, Fiat Inflation Why we need a dollar as good as gold. Mar 21, 2011, Vol. 16, No. 26 • By LEWIS E. LEHRMAN Single Page Print Larger Text Smaller Text Alerts Since the beginning of 2009, oil prices have almost tripled, gasoline prices are up about 50 percent, and basic food prices, such…
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Dunning-Kruger effect
Dunning-Kruger effect http://rationalwiki.org/wiki/Dunning-Kruger_effect The Dunning-Kruger effect occurs when incompetent people not only fail to realise their incompetence, but consider themselves much more competent than everyone else. Basically – they’re too stupid to know that they’re stupid. If you have no doubts whatsoever about your brilliance, you could just be that damn good. On the other…