Ancient Mesopotamian tokens evolved into writing systems, enabling complex contracts and communication, fundamentally transforming economic and social structures.
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Dougald Lamont writes about politics, history, and finance, promoting justice and democracy through his Substack blog.
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The post argues for the significance of English and Philosophy in understanding meaning, emphasizing the interplay of information theory, culture, and evolutionary strategies in shaping human consciousness.
Carney's speech at Davos overlooks critical economic realities, particularly the dangers of private debt and outdated economic models, exacerbating the current global crisis.
The post argues that Canada is not poorer than Alabama, criticizing the flawed use of per capita GDP and emphasizing the importance of wealth distribution and economic context.
The post examines Jeffrey Epstein's membership in the Trilateral Commission and critiques the organization's influence on economic policies that undermine democracy and accountability.
The post argues that Trump's military actions against Iran and the role of Tether in money laundering highlight a web of corruption involving key political figures.
The post argues that the Nobel Prize in Economics is a fraudulent construct that has contributed to the decline of democratic values and the rise of flawed economic ideologies.
Connections between Conrad Black and Jeffrey Epstein are explored, revealing deleted DOJ documents and the implications of elite networks at Black's lavish birthday party.
The post exposes the failures in the release of Epstein files, emphasizing Trump's connections and the complicity of political figures in obscuring the truth about sexual crimes.
The post examines the troubling silence of Canadian media on Conrad Black's connections to Jeffrey Epstein, revealing a pattern of corruption and disinformation.
The post condemns Canadian media's negligence in reporting Conrad Black's connections to Jeffrey Epstein, revealing a deeper issue of corruption and accountability in journalism.
The post argues that the IMF's claim of a 7% GDP increase from removing non-existent internal trade barriers in Canada is fundamentally flawed and distracts from real economic issues.
Private debt is the primary economic threat, overshadowing public debt, and requires urgent reform to prevent future crises, particularly in Canada.
The post examines how the loss of monetary sovereignty through the Euro led to Greece's economic crisis, emphasizing the need for national currency control for stability.
Monetary sovereignty enables governments to create currency and manage economic stability, as illustrated by Canada's historical response to the Great Depression and its implications for modern economies.
Central bank monetary policy, especially low interest rates, significantly impacts private credit creation, amplifying wealth inequality and inflating asset prices.
The post critiques traditional monetarist economics, emphasizing money as a legal construct tied to social obligations rather than a mere commodity, and highlights economic inequality through power laws.
Money should be viewed as a legal instrument tied to obligations rather than a static commodity, with significant implications for economic stability and theory.
The post examines the interplay between probability, uncertainty, and information theory, illustrating how these concepts relate to the creation and function of money.
The post illustrates how borrowing in foreign currencies can lead to hyperinflation, using Venezuela's economic collapse as a key example against the backdrop of commodity price fluctuations.
The post emphasizes the urgent need to reform the Bank of Canada's monetary policy to address the ongoing economic crisis driven by private debt and outdated financial practices.
The post examines Trump's reckless foreign policy and the criminal nexus of cryptocurrency, arguing for its criminalization to safeguard society from organized crime and corruption.
Kathryn Ruemmler's past email exchanges with Jeffrey Epstein raise ethical concerns, despite Goldman Sachs' support for her as a top lawyer amidst the controversy.