9 Oct, 2024
My blog title is borrowed from a recent PS article that caught my interest. Wealth has always been a metric for Power. It’s very hard to imagine that Big Tech billionaires could - let alone would - be considered a metric for wisdom. Nevertheless, the quote below suggests differently. “In an America where wealth has increasingly become the primary source of social...
30 Jul, 2024
In some European countries (eg, Austria, Finland, France, Germany, Sweden, Switzerland), car speeding fines are much higher for rich people (eg, EUR, NBC). The reason is quite simple: rich people need to feel the legal punishment, like poor people always do. What if societies would extend the of the presumption of innocence principle towards an assumption of guilt??...
23 Jul, 2024
Recently, the Dutch FT published an article with an intriguing title: The Republicans say goodbye to Big Money (HFD, translation by LO). The FT published a similar title that day: Donald Trump pledges tax cuts, trade wars and border crackdown. Actually, this development is visible in China, Europe, and USA. It might be the greatest danger for nationalism. In my...
8 Jul, 2024
Recently, I noticed an Aeon-Psyche article with an intriguing title (see above). I didn’t want to write about it but it kept bugging my mind. My past experiences have contributed to my reluctance. Suddenly, I realised its relevance. My upbringing explains my attitude towards money. My parents owned their house, their business, and their car in the 1960s. Money was...
28 May, 2024
Usually, we do not think about finding our goals in life. Those goals arrive “automatically” and/or subconsciously. For nearly everyone, our primary goal is survival (eg, food, housing, water). For most of us, money is our secondary goal in life because money satisfies our needs and our wants. When our needs and our wants (in life) have been satisfied then finding...
29 Mar, 2024
Op 22 maart plaatste het Financieele Dagblad dit artikel: “Postbezorgers krijgen loonsverhoging van 19% over de komende twee jaar”. Dit artikel maakt een onderwerp actueel dat al behoorlijk lang op mijn lijst stond: gaan we wel van aanbod-gedreven naar een vraag-gedreven inflatie?? Inflatie wordt bijna altijd veroorzaakt door een (sterk) gestegen vraag bij een...
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