Archive for July, 2008
Money As Debt
“Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist”
If you want to understand how the global economy got into the mess that it is in, you could do worse than spend 45 minutes of your life re-learning more about how money is created. At the very least, it will remind you of some of the fundamentals you may have learned in Economics classes of old. Be warned, you’ll probably get a distinctly queasy feeling @ about 22 minutes in.
(see Money As Debt site for references)
New word of the day for me: Usury
What I'm Doing...
- Smartest Guys in the Room (the Enron documentary) is astonishing. I wonder if there are more Enrons out there (outside banking that is!) 10 hrs ago
- @paulca if the service and your id provider both support the OpenID Simple Registration Extension then it should work - http://url.ie/r4y 4 days ago
- @paulca I've been to the recent meetups, good couchdb talk btw, will be at the next one too. Not yet taken getexceptional for a real spin... 4 days ago
- @topgold Try Nassau St (3rd or 4th bus stop down) or outside Budget Travel on O'Connell St, routes 46*, 10*, 145)... 4 days ago
- @desdublin Des, save yourself! I'll go for some pints+nosh with you! Or else promise to drive wherever you were jogging to! 5 days ago
- More updates...
Posting tweet...
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