Featured Post

Military Patent Infringement (Pentagon takes your genius crap)

http://www.bloomberg.com/news/articles/2016-06-08/congratulations-your-genius-patent-is-now-a-military-secret

Search This Blog

Tuesday, April 21, 2020

Oil Prices PLUNGE To Zero Dollar$ Per Barrel! WTF?!?


https://youtu.be/l1oERncbzPY

negative priced commodities means that interest rates will go lower (as they have already.)
lower interest rates means governments should give all their citizens the money (universal basic income;) however, the corrupt political class and uncaring wealthy will just write checks to themselves.
Universal Basic Income should be an additional tool for the idea of a central bank. (Money only given to citizens that the Central Bank works for, UBI only as like a negative interest rate, and all other tools exhausted.)
UBI = love thy neighbor

No comments:

Post a Comment