RSS FEED IDEMS: The Universe As: living better in a better world
The Truth About Economics: Part 7 Inflation Through History
(See Comic) As the Roman Empire over expanded and eventually fell, the metal content of its coins shrunk; its currency became worth ever less due to excessive supply. In other words, the Roman Empire had inflation issues. As time went on they started making the coins [...] Fri, 07 Mar 2008 12:25:04 +0000
Are You A Herd Follower or Leader?
(See Comic) Lead Herds, Don’t Follow Them Understanding Human Herds If you have a strong mind and are able to think for yourself, you don’t need herds. Unfortunately though (or fortunately if you like to exploit people’s weaknesses), most people have fairly [...] Mon, 03 Mar 2008 12:20:21 +0000
The Truth About Economics: Part 6 What to Expect
(see Comic) The Federal Reserve is stuck. The current economic situation is lose lose. If they remove money from the system, the result will be deflation and perhaps outright major depression. If they try to prop up the system, it could lead to runaway inflation (hyperinflation). [...] Wed, 27 Feb 2008 12:33:44 +0000