The only way to permanently rid a society of a ‘gap’ in either wealth or income is by making everybody equally poor. If nobody has any more wealth than anybody else, then nobody can be ‘wealthy.’
Think immoveable force meets immovable object. The core conundrum of stateless Bitcoin and other virtual currencies is how to somehow gain legal acceptance by sovereign states. The central idea behind[…]
If the Fed further destabilizes the economy, the dollar will probably further decline, as who will want to buy dollars to invest in a declining economy only continuously threatened with even higher tax and regulatory burdens?