Tag Archive: Capital

The Duality of Money, Report 10 Mar

This is a pair of photographs taken by Keith Weiner, for a high school project. It seemed a fitting picture for the dual nature of money, the dual nature of wood both as logs to be consumed and dimensional lumber to be used to construct buildings.

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Accumulated Capital of Centuries Going Up In Smoke

According to Keith Weiner, capital adds leverage to human effort. Capital makes employment and wages possible. Keith argues that Fed destroys savings with zero interest rates, and herds savers into bubbles. It causes wages to fall and creates chronic pressure to lay off workers. The Fed destroys capital.

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