Who Pays for Quantitative Easing?
The Guardian's Kevin Gallagher says that by depressing U.S. interest rates, quantitative easing forces developing countries to defend their currencies at crippling cost.
"The outcome of the US midterm elections has tied the hands of the government to engage in expansionary fiscal policy. The Fed alone has the power to act. The problem is, the U.S. is still in a liquidity trap, so it is not clear whether QE2 [Quantitative Easing Two] will have much of an effect. ... In today's world of financial globalisation, the implications of QE2 go far beyond the U.S. Lowering rates in the U.S. will accentuate the 'carry trade' where investors borrow cheaply in the US and park their money in developing countries where interest rates are relatively higher: private speculators reap profits on the interest rate spread and the appreciation of developing country currencies."
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Is it "perverseness," the "death drive," or something else?
A growing body of research shows promising signs that the keto diet might be able to improve mental health.
- The keto diet is known to be an effective tool for weight loss, however its effects on mental health remain largely unclear.
- Recent studies suggests that the keto diet might be an effective tool for treating depression, and clearing up so-called "brain fog," though scientists caution more research is necessary before it can be recommended as a treatment.
- Any experiments with the keto diet are best done in conjunction with a doctor, considering some people face problems when transitioning to the low-carb diet.
It's up to us humans to re-humanize our world. An economy that prioritizes growth and profits over humanity has led to digital platforms that "strip the topsoil" of human behavior, whole industries, and the planet, giving less and less back. And only we can save us.
- It's an all-hands-on-deck moment in the arc of civilization.
- Everyone has a choice: Do you want to try to earn enough money to insulate yourself from the world you're creating— or do you want to make the world a place you don't have to insulate yourself from?
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