251 Economic Concepts

<p style="margin-bottom: 0in;">Let's review the more obscure economic realities:</p> <ol> <li> <p style="margin-bottom: 0in;">Economic cycles are an excuse to predict the future.</p> </li> <li> <p style="margin-bottom: 0in;">Inflation is the Bogeyman of The Rich, and Fairy Godmother of The Poor.</p> </li> <li> <p style="margin-bottom: 0in;">Quantitative Easing is the primest example of Welfare for The Rich.</p> </li> <li> <p style="margin-bottom: 0in;">Monetarism provides cover for The Wealthy to amass more wealth.</p> </li> <li> <p style="margin-bottom: 0in;">The Gold Standard is buggy-whip economics.</p> </li> <li> <p style="margin-bottom: 0in;">Bitcoin's primary purpose is to evade taxes & buy contraband.</p> </li> <li> <p style="margin-bottom: 0in;">There is no such thing as price gouging in a Market Economy.</p> </li> <li> <p style="margin-bottom: 0in;">Elite pricing is another way The Rich are subsidized by the rest of society.</p> </li> <li> <p style="margin-bottom: 0in;">How come no one ever talks about why the Underground Economy exists?</p> </li> </ol> <p style="margin-bottom: 0in;">You may get your news somewhere else but take your advice from me, the Wysest Myn in the Wyrld.</p>