link: http://bit.ly/1h5p6Kk
Hot And Trending...
Trending
- German banks have created a national distribution network for Australian gold. http://bit.ly/2j7zCY5
- The World Is Awash in Record Levels of Quantitative Easing https://t.co/Ag7WEh1Vm3 @SchiffGold
- According to media reports, authorities didn’t jail the guy. They made him pay a $1,531 fine and let him go. http://bit.ly/2fWjvbJ
- People still don't get it. The only reason the economy "recovered" is that a rising dollar kept interest rates low and consumer prices in check, allowing America to go deeper into debt and consumers to keep spending. As the dollar sinks the economy will go down with it.
- Mining CEO: Silver in a Sweet Spot https://t.co/HR5CLoNSUE @SchiffGold
- According to the #Democrats the country is in great shape. We just need to take more money from the rich and give to it to our constituents.
- @Mrmozaike @Coindriller It's not about getting an early lead. Just ask the Atlanta Falcons.
- What's that you say - Olympic medals aren't made of real gold? https://t.co/WXkBruvgjU
- Pass though businesses are not at a disadvantage to corporations. Owners of pass throughs can covert to Corporation any time they want. The reason most don't is to avoid the double taxation of corporate income.
- GFMS report calls for gold to rise still further in 2018 as it averages $1,360 and hits a 2018 peak near $1,450. http://bit.ly/2zFRVul
Sunday, August 23, 2015
What if the Luddite fallacy isn't a fallacy forever?
Personally I'm not fond of the neoluddite freak out going on right now, but I do think there is a little truth to it. It's pretty logical that we have been working toward a low-effort high yield economy. So it only makes sense that underemployment is becoming a trend. I personally believe the emerging gig/sharing/freelance economy is a natural market reaction. But the problem is that in the long term these jobs will become more and more subjective, to the point where a human presence would be pure novelty. Not to say we're anywhere near the point of a novelty economy, but it's definitely worth planning ahead of. I'm asking here because the only thing I ever hear as a solution is UBIG, reverse income tax and citizens dividend. Some even say that we'll naturally abandon money all together. Not to say I would reject money for nothing, but when all is said and done it may be too much to ask and abolishing money would take a catastrophic transition.