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  • Fossil Fuel Production Is Reaching Limits in a Strange Way 15 oktober, 2020
    Strangely enough, the limit we seem to be reaching with respect to fossil fuel extraction comes from low prices. At low prices, the extraction of oil, coal, and natural gas becomes unprofitable. Producers go bankrupt, or they voluntarily cut back production in an attempt to force prices higher. As the result of these forces, production […]
  • OPEC Oil Production for September 2020 15 oktober, 2020
    Data for the OPEC charts below are from the OPEC Monthly Oil Market Report and is in thousand barrels per day. All data is through September 2020. There was little change in OPEC production in September. Total OPEC production was down 47,000 barrels per day in September but that was after August production was revised […]
  • Donald Trump: Sexual Predator 21 oktober, 2020
    Preface.  This is a book review of “All the President’s Women: Donald Trump and the making of a Predator”.  Trump is clearly as much a sexual predator as Jeffrey Epstein (who he hung out with for a long time) and … Continue reading →

Skapandet av pengar har privatiserats

Väldigt många medborgare, och det gäller inte bara ekonomer, har svårt att förstå att rätten att skapa pengar privatiserades för många, många år sedan. I dag styr bankerna över mängden pengar som finns på marknaden, inte våra centralbanker. Det betyder också att bankerna påverkar den heliga […]

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