Central banks need to be protected, which in turn protects price stability, without stable prices the numismatic story falls, so culture loses. On the other hand, I am not a big fan of tradition, but it is certainly important that the conversion is done without sudden changes.
31 August, 2022
25 July, 2022
Keeping Utopia Values and Goals Longer
Who is the real founder of democracy, or to put it differently "The mother of democracy"? Democracy is generally etiologically associated with the efforts of the ancient Greeks. Are the Christians with their cardinals - the men who will elect a new Pope on the death of the current incumbent - the real founder of democracy; India has its own argument to be the mother of democracy I suppose; and so does Croatia - with The Republic of Ragusa. In my opinion, just because parliament exists doesn't automatically mean the Republic is a real Democracy with human rights in place and equality for all its citizens. The Parliament of England is from the 13th century, but the Althing - the oldest surviving parliament in the world, is the national parliament of Iceland. The Althing is the oldest legislature in the world that still exists. It was founded in 930. Surely, French Revolution has popularised human beings as individuals best suited to democracy, protected by human rights, and represented in the parliament. I remain against direct democracy because representative democracy is better for keeping utopia values and goals longer.
Read more: https://www.blogger.luka.jagor.info/2020/03/flavors-of-democracy-in-my-opinion.html
30 June, 2022
Timeless questions? ( 6ᵗʰ part )
1) What is Stockholm syndrome and how is it related to Swedish House Mafia?
My Market Watch
My daily monitoring of the stock market is a must, but superficial. I applaud recent value cuts to ease inflationary pressure. The USA stock bubble reminds me so much of Japan's bubble in the late 80'.
My heart totally agrees with Buffet's approach to cryptocurrencies, but if I had the opportunity would invest, I've set up my crypto-wallet. I'm waiting for the act of kindness by my audience to start filling it. The thing I don't like the most about cryptocurrencies is energy consumption and the long time of the transaction. That's a big downside.
I'll remain modestly optimistic hoping a new version of the cryptocurrencies ecosystems will be better, keeping the terminology (brand). Such improvement is easy to expect in "Internet Technology", but, I know, it's easier said than done.