There's something wrong with our currencies

Our currencies keep loosing their value. It seems we are all paying an inflation tax.

Different kind on inflation (or deflation) forces exist, like productivity, cost of raw materials (driven by supply and demand), and creating new money.

The classic case to disprove that our currencies loose its value is to point to the significant drop in the price of electronics and computers. This however is caused by gigantic increases in productivity and decreases in the cost of production and transportation. These counter the decreasing value of our currencies and produce a net decrease in price.

If you look at the total amount of interest that is due globally it is clear that this amount can never be repaid with the current money supply. And the total amount of interest due grows steadily every year. Its an exponential growth that seems bound to collapse since it requires perpetual creation of new money.

Why does every currency seem to be affected by this inflation, and how can it be fixed?

Car culture and suburban sprawl create rifts in society, claims study

New research links urban planning and political polarization.

Politics & Current Affairs
  • Canadian researchers find that excessive reliance on cars changes political views.
  • Decades of car-centric urban planning normalized unsustainable lifestyles.
  • People who prefer personal comfort elect politicians who represent such views.
Keep reading Show less

How to split the USA into two countries: Red and Blue

Progressive America would be half as big, but twice as populated as its conservative twin.

Image: Dicken Schrader
Strange Maps
  • America's two political tribes have consolidated into 'red' and 'blue' nations, with seemingly irreconcilable differences.
  • Perhaps the best way to stop the infighting is to go for a divorce and give the two nations a country each
  • Based on the UN's partition plan for Israel/Palestine, this proposal provides territorial contiguity and sea access to both 'red' and 'blue' America
Keep reading Show less

NASA astronomer Michelle Thaller on ​the multiple dimensions of space and human sexuality

Science and the squishiness of the human mind. The joys of wearing whatever the hell you want, and so much more.

Flickr / 13winds
Think Again Podcasts
  • Why can't we have a human-sized cat tree?
  • What would happen if you got a spoonful of a neutron star?
  • Why do we insist on dividing our wonderfully complex selves into boring little boxes
Keep reading Show less