Topic - Economics

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To earn yield or interest on your stablecoins you need to put them to work by lending them directly to someone else, yield farming or using as collateral to trade basis on derivatives products.
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The well known founder of the Ford Motor Company suggested that a currency could be backed by energy in kilowatt-hours (kWh) in a similar fashion to the way energy is leveraged to mine bitcoin.
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Ford’s energy currency backed && measured in kilowatt-hours (kWh) discussed with the Tribune that the currency would “be issued only to a certain definite amount and for a specific purpose."
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#GLOBAL TRADE UNIT- #GTU A UNIT OF MEASUREMENT FREE OF "CHARGE" ISSUED ONLY TO 28 TRILLION EIGHT HUNDRED BILLION (28,000,000,000) A DEFINITE AMOUNT AND FOR A SPECIFIC PURPOSE - #END #POVERTY
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https://github.com/1Crazymoney/Global-Trade-Unit PLEASE feel free to re-write in any Academic or professional type formate-please check the #math #crypto #slp tokens #digital #economy #crypto
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Appx 2.4 billion aged 18-70 so; 12,000.0000 Global Trade Units per natural person per year- (X) multiplied 2.4 billion natural persons equals 28,800,000,000,000.0000 in words:
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twenty-eight Trillion eight hundred Billion and .0000 to be included. (POSSIBLE-14, fourteen decimals to the left then 12 to the right.
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Average human/natural person life span- 71 years plus or minus so rounded down. 70, seventy, years-(X) multiplied [28,800,0 to the eight power)
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Equals no more than 198,800,000,000,000.0000 Global Trade Units within a 70-year cycle. #math #crypto #code #humanityforward #gihub #opensource #new digital economy #love #startups #freemarkets
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The Ides of March is the 74th day in the Roman calendar, corresponding to 15 March. It was marked by several religious observances and was notable for the Romans as a deadline for settling debts.
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https://www.britannica.com/story/what-is-the-ides-of-march In 31-day month such as March, Kalends DAY1 The Nones fell on day 7, with days 8–14 “before the Ides” and the 15th as the Ides.
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Marc Faber 2022: Avoiding Disaster, Best Countries To Be In, and GeoPolitical Risks
739 views
Jul 11, 2022
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Marc Faber: A Massive Systemic Shock Is Coming & The Fed Is Actively Courting It
93,590 views
Premiered Oct 13, 2022 4.8K
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Socialistic policies might be one of the side effects of Keynesian Economics, because the government has to spend money.
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Voodoo Economics
43,146 viewsMar 15, 2017
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Marc Faber - Don't Be Greedy and Get Some Gold!
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Oct 12, 2022 891
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Lynn Mattice - National Economic Security Alliance
16 views Nov 21, 2022
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Extra trouble in world economy. Hidden liabilities.
Very good explanations, even n00bs can get it (In other words, I could follow it).
sup
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How can you have profits when you sell an item?
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oops, meant to have a newline, not a post ^^

How can you have profits when you sell an item?

An item is worth $100, you sell it for $100

You have lost $100 worth of item and gained $100, net 0