economy – Temple of Zagan

The Evolution of Democracy to Oligarchy – The End of Western Civilization?

July 25, 2022

Just as the kingdoms and empires of old evolved over time, so does the newer forms of governments such as Democracy. Does Democracy always remain Democracy? Looking at the bigger picture, will Democracy always continue to serve the people? Michael Hudson, a research professor of Economics at University of Missouri, Kansas City, and a research … More The Evolution of Democracy to Oligarchy – The End of Western Civilization?

On Banks and Inflation

July 4, 2022

An excerpt from a larger piece of writing from 4chan on banks and how inflation is created, as well as how it impacts most normal people: Without government, banks are simple. Person A gives a bank $100. The bank loans $50 of person A’s money to person B. A year later, person B pays back … More On Banks and Inflation

An Economic History of Burger Flipping

June 27, 2022

A sad little comic on how the views toward low level service jobs, such as fast food positions, have shifted over the past couple of decades: As someone who lived through all of the above years, the comic is absolutely true. The reasons behind why people reacted as such during each time period is very … More An Economic History of Burger Flipping

On Cyclists and the Economy

April 25, 2022

Below is an interesting parable on the modern economy, using bicyclists as a focus point: The bicycle is the slow death of the planet. General Director of Euro Exim Bank Ltd. got economists thinking when he said: “A cyclist is a disaster for the country’s economy: he does not buy cars and does not borrow … More On Cyclists and the Economy

The Precariat and the Last Exit Before Violence

August 23, 2021

A very in-depth and alarming analysis by an anon on 4chan on what causes revolutions & social unrest, as well as where the US stands in terms of how close we are to it all: The Precariat and the Last Exit Before Fascism What causes revolutions? When does the violence start? To find the answer, … More The Precariat and the Last Exit Before Violence

The Rules of Money Magic

June 14, 2021

Story time for people that don’t understand how metal-backed currency works! Long ago, metal was money. There was no paper currency, only metals. Holding all your wealth in metal in one place could be dangerous, and banking was born as a business to hold and protects metal on behalf of others. You would take physical … More The Rules of Money Magic

Anon explains the GameStop fiasco

February 1, 2021

An insightful anon with a finance background explains the recent fiasco in the stock market regarding the GameStop stock, and some of the possible repercussions that may follow: This isn’t financial advice and my opinion and analysis is presented for entertainment value, whether you have a long or short position in the market today or … More Anon explains the GameStop fiasco

Bipedal Bugs

May 26, 2020

A horrible, but true piece of insight on how modern young people live. Sadly they don’t do it by choice, but this is simply what big corporations and unbridled capitalism reduces people to: Realizing that this is the sort of future that awaits just might, oh I don’t know, drive a man to try to … More Bipedal Bugs

Economic Cows – Expanded Edition

October 3, 2019

I don’t know about the other countries, but the one for America is absolutely spot on:

Temple of Zagan

A site in honor of a Goetic demon

Tag: economy