Introduction In an era of ever-widening wealth inequality, the importance of financial literacy and education cannot be overstated. While financial markets and the financial system offer opportunities for wealth creation, they can also perpetuate disparities. To shrink the wealth gap and promote economic equality, we must prioritize financial education. Let's explore how financial literacy can …
Continue reading Bridging the Wealth Gap: The Power of Financial Literacy
Introduction In recent times, you may have heard the phrase, "No one wants to work anymore," tossed around in conversations about labor shortages. This perception that people are somehow lazier or less willing to work has gained prominence. However, a closer examination reveals that this stereotype doesn't hold up under scrutiny. Instead, broader economic factors …
Continue reading Beyond the Stereotype: Debunking the “No One Wants to Work Anymore” Myth
Introduction Money is the lifeblood of modern economies, and understanding how it is created and managed is crucial for economic stability and prosperity. One of the key mechanisms behind our monetary system is fractional reserve banking. In this essay, we'll break down the fractional reserve banking system in simple terms, explore how it contributes to …
Continue reading Fractional Reserve Banking: Unpacking the Magic of Money Creation
In a moment of choice, I reached out and seized both pills from Morpheus, unleashing a new reality: The Purple Pill. With its power, I saw the truth from two opposing perspectives, both valid, yet both false from the other's view. These dueling realities had to clash, for in their conflict, the masters thrived. And …
Introduction The United States is facing a growing student loan debt crisis, with millions of borrowers struggling to repay their loans. While various factors have contributed to this crisis, the federal government plays a significant role in its escalation. In this blog post, we will explore how the federal government has contributed to the student …
Continue reading The Federal Government’s Role in the U.S. Student Loan Debt Crisis
The Leading Indicator: Lessons from Trends in Credit & Household Debt Accumulation Justin Sherwood California State University, Chico I wrote this essay during my final semester of college in April and May of 2021. My computer hard drive crashed shortly after I had finished it. Fortunately there was a not too old draft that was …
Continue reading The Leading Indicator: Lessons from Trends in Credit & Household Debt Accumulation
Quantitative Easing (QE) is a monetary policy tool that has been at the center of economic discussions in recent years. It's a powerful tool used by central banks, such as the Federal Reserve in the United States, to stimulate the economy, especially during times of crisis. This blog post explores why QE is used, the …
This society has lost its marbles… We keep trying to grab them and bring them back into a solid circle, but alas they evade us. The marbles of our society prefer to roll solo. Each identity is so unique that we can’t even understand each other anymore. We try to speak to each other and …
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Purple Pill 
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