Economic Theory

Been looking at the economics of the nation this week. Will give it more thought as the year progresses, especially with the new Fed Chair. A low rise in interest could turn out to be a good thing.

But I’m considering debt, and the need of money being bondage. Once you take on debt, you start working for someone else.

The Communist system has been used in similarly broken states as Capitalism. Bartering, maybe, was a more honest system. But the accumulation of goods led to some or one wealthy barons working less and exerting control over others.

An imperfect system is the only way to maintain order. Too little pay and you have revolt. Too much, and the need to work is greatly reduced. The majority barely making survival pay (needing debt) induces conformity.