Economics
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Why Gasoline Cars Won’t Go Away by 2035?
2035 is around the corner and the countdown has started. In case you haven’t heard, the European Union has banned sales of internal combustion engine (ICE) cars after 2035. In other words, no more sales of gasoline/diesel cars.
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Why Centrally Planned Economies Fail?
In this post, we will explore why centrally planned economies fail and why there may be a better answer than relying on a superior entity.
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The Bigger the Government the Smaller Your Pocket
Have you ever wondered how much you pay to finance the government or how much you pay in taxes? Calculating that exact number for each individual might be a bit complicated, but I will show you a quick way to estimate that, so you can be better informed to assess the current economic and political environment.
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Debt: The 4 Tools that Central Banks Use to Reduce It
Inflation is getting to all of us, but bigger problems are ahead. Do you know what those are and what the central bankers will do to solve them?
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Hyperinflation. Could History Repeat Itself?
Do you know how hyperinflation occurred in Germany in the 20s? Do you know what steps to take to protect yourself, if history repeats itself? In this post, we will look at that moment in history when preparedness was key for citizens and how you can apply those lessons in today's environment.View post to subscribe to site newsletter.
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Why Energy Equals Life?
A concept that will help you understand better energy policies since this is universal and true throughout all history. Energy equals life.View post to subscribe to site newsletter.
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4 Terrible Measures against High Prices
Prices continue to increase, and paying for essential goods and services is becoming more painful for the most economically disadvantaged. Governments are discussing how to revert the situation and return to normal. There are several types of measures against high prices being discussed, but in my view, most of them are terrible. Let me comment on those and tell you what I think should be done. The problem First of all, let’s define the problem so we can analyze our possibilities and decide what is best. High prices of something show that there is a shortage of it. Or, there is a lot of money available to buy it. Either…
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4 Reasons to Not Change Your Czech Crowns for Euros
The other day a friend asked me if they should exchange their Czech crowns for Euros. They were concerned about inflation and the political madness around us. At that moment I didn’t have an opinion. The question bugged me for a while. My main source of income is Czech crown-based. So after doing a bit of thinking, here are my reasons why I will keep my Czech crowns. Reasons to not exchange your Czech crowns for Euros Debt to GDP: The debt of the Czech Republic is 42% of GDP vs 95% in the Eurozone. If the interest rates increase, it will be more expensive for governments to pay for…
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Why is Trust in Money so Important?
In this post, I would like to explain why trust in money is so important and how it allows us to specialize and prosper. I want to lay down a different way of looking at money and trust. And complement my previous post, “Why the world order just changed?” Scaling up society Imagine that you are the only person in society. If you wanted to survive, you would need to know a little bit about all the necessary skills. Let’s simplify by saying hunting and farming. You wouldn’t have the time to master all the skills because your time would be limited so your outcome would be mediocre. Now imagine that…
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Why the World Order Just Changed?
How did the US commit economic suicide? In this post, I will explain just that and suggest how you can prepare for the economic difficulties and the new world order that are coming our way.View post to subscribe to site newsletter.
