Overcirculation on Superphysics

Microfinance: low G high R

Wed, 26 Apr 2017 00:00:00 +0000

Microfinance gives loans to people who have no access to regular banking because of illiteracy, distance, lack of collateral, regular income, or basic documents.

Universal Basic Income: low G high N

Wed, 26 Apr 2017 00:00:00 +0000

Universal Basic Income (UBI) became popular in 2016 after it was adopted by a few Western countries.

In UBI, money is given to poor people without any strings attached. This makes it a bit different from Conditional Cash Transfers (CCT) which imposes conditions that the poor must meet.

Financial Crises: The Asian Crisis low G high D

Wed, 01 Dec 2021 00:00:00 +0000

The main flaw of money is its static nature. It does nothing by itself, unlike grains that can grow into food by themselves.

Money has to be spent or invested for it to gain dynamism and therefore gain value.

Financial Crises: The 2008 Financial Crisis

Wed, 01 Dec 2021 00:00:00 +0000

The mercantile system enshrines money as wealth. This is opposite of the traditional political economy which based wealth of actual goods and services in society. The value of these goods were properly pegged to grains.