This article was originally in my recent book, GINI: Capitalism, Cryptocurrencies, and the Battle for Human Rights. However, some people said it was too data-heavy for the book’s general audience. So, this article now lives here. To begin this case study, let’s examine a snapshot of the U.S. economy because the ideology of Neoliberalism has […]
Author Archives: ferr1sadm1n
The Emerging Crypto Banking Cartel
Commercial Agenda vs. Open Source Crypto Ethos. There’s nothing wrong with for-profit companies seeking to maximize profit as long as they’re doing it in an ecosystem-sustainable way, just like there’s nothing wrong with sharks eating baby seals in an ecosystem-sustainable way. We all know sharks have to eat because that’s what sharks do. However, the […]
How to Overcome Big Challenges?
While working on significant technical, economic, and geopolitical projects over the years, I’ve developed several mental frameworks that help to create clarity whenever I’m confronting a significant challenge. Most challenges in life are magnified by irrational fear and self-consciousness, but those are just symptoms of a deeper issue: Lacking the ability to visualize a goal […]
FIRE & Wealth Concentration
To understand the purpose and value of our Gini Blockchain and why it’s different from any other blockchain, it’s useful to review why several fiat currency economies are collapsing in many countries today. Economic Power = Political Power. Wealth concentration creates distortions in an economy because it gives certain groups enough economic power to control […]
We Are Paying the Price for Realpolitik
Many American political scientists and commentators seem to be oblivious to the long history of American intervention in Syria since the late 1940s. They also seem to ignore western exploitation in the Middle East since at least 1908 when the British Petroleum Corporation sabotaged and exploited Iranian and Iraqi political and economic systems for generations. […]
Blockchain Patent War Coming
Bank of America has more blockchain patents than any other company on Earth, including IBM, Google, Facebook, and other Silicon Valley tech companies (Bloomberg). JPMorgan and Wells Fargo also have a relatively large number of blockchain patents. And banking corporations in general have already collected a large percentage of total issued blockchain patents. Why? I […]
What Is Our “National Interest”?
I was recently asked, “Why is the U.S. Government involved in Afghanistan?” Aside from the idiotic “War on Terror” justification given by the Bush, Obama, and Trump Administrations since 2001, many people still believe that American “interests” are served by nation-building in every nook and cranny of our planet. So, let’s briefly explore the concept […]
When the Media Fails, Countries Fail
It’s amusing to see how the U.S. Government’s fiscal policies are covered by the mainstream press. For example, in headlines like “Rand Paul delays budget vote as shutdown looms hours away” and “Rand Paul was holding up the Senate’s vote on a massive budget deal” (CNBC example here), even many people with fiscally conservative instincts […]
What Would the USA’s Founders Do in the Middle East Today?
I was asked that question recently. Here was my response: For the first 123 years of the USA’s existence, the U.S. Founding Fathers and all U.S. presidents were committed to: “peace, commerce, and honest friendship with all nations, entangling alliances with none.” (Thomas Jefferson 1801). President James Monroe in 1823: In the wars of the […]
The Creation of the Euro & the Role of the USD
This presentation was produced for a university lecture that I gave. It covers the basic mechanics of the global currency exchange rate system. I was asked to critique another economist’s article and present my conclusions within the context of a broader discussion of monetary policy in the U.S. and several other countries. You can view […]