Money and Investments Archives – Center for the Advancement of the Steady State Economy

Putin the Heinous Strikes at Global Wellbeing

August 3, 2023/12 Comments/in Banking, Brian Czech, Food and Agriculture, Inflation, Money and Investments, Politics, Steady State Herald, Wellbeing /by Gary Gardner

by Brian Czech

When the name “Putin” is uttered—from now until the end of human utterance—the first thing that should come to mind is hundreds of thousands (and counting) of dead and wounded. Putin has turned a verdant, peace-seeking country into a hell-scape of suffering, including starvation. Let’s not overlook the Ukrainian casualties, now or ever.

Now, Putin is taking an even deeper stride into the annals of infamy by orchestrating one of the most despicable episodes of wanton waste in history: his attack on Ukrainian grain stocks and infrastructure.

Lesson from a Failed Bank: Only One Real Start-Up

March 23, 2023/7 Comments/in Banking, Brian Czech, Corporate Reform, Monetary Policy, Money and Investments, Steady State Economy, Steady State Herald, Technology /by Gary Gardner

by Brian Czech

Banks are macroeconomic mirrors. They reflect the activity of the real economy. If the economy is growing, so are the banks, starting with the Federal Reserve and its regional banks, all the way out to tiny First Michigan Bank, Oakwood Bank (the smallest bank in bank-laden Texas), and the patriotically named Citizens Bank of Americus (Georgia).

Not only do the banks,

Sell Your Stocks and Enjoy the Slide

May 26, 2022/10 Comments/in Banking, Brian Czech, Consumption, Degrowth, Economic Growth, Economic Policy, Energy, Environment, Food and Agriculture, Monetary Policy, Money and Investments, Poverty, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Brian Czech

I’m sorry if you’re one of the 145 million Americans invested in the stock market, but I actually find it gratifying to see the market sliding. Why shouldn’t I? As a steady stater, I’m firmly against GDP growth in the 21st century. A perpetually growing stock market presupposes a perpetually growing economy. If the market has to decline along with GDP, I’m all for it.

Steering Away from a Car-Centric Society

May 19, 2022/4 Comments/in Climate Change, Consumption, Economic Growth, Energy, Environment, Money and Investments, Politics, Poverty, Steady State Economy, Steady State Herald, Sustainability, Technology /by Brian Czech

by Mai Nguyen

Learning to drive scared me as a teenager. There was something terrifying about controlling a two-ton hunk of metal, and my drivers’ education teacher didn’t help by showing a graphic slideshow of injuries we could expect from a brutal car accident. This didn’t bother me much once I moved to the city; with buses, the metro, and bike or scooter shares, there are plenty of other ways to get around.

Houston, We Have a Credit Problem

March 24, 2022/2 Comments/in Banking, Consumption, Degrowth, Economic Growth, Economic Policy, Monetary Policy, Money and Investments, Steady State Economy, Steady State Herald /by Brian Czech

by Neil Tracey

In 2021, China had around 30 million homes sitting vacant for extended periods. There’s enough unused housing in China to house around 80 million people, roughly the population of Germany. This isn’t “slack” in the market; there is little hope that these homes will someday find an occupant. These homes are bound to remain empty.

Indeed, most of these homes are simply held as financial assets;

If It’s Profitable, Is It Really Sustainable?

May 20, 2021/3 Comments/in Banking, Corporate Reform, Economic Growth, Environment, Money and Investments, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Gunnar Rundgren

That an economic activity has to be profitable is considered a truism, something taken for granted and not reflected upon. But what if the opposite is the case?

When I first took up small-scale organic farming in the 1970s, I spent a lot of energy on developing new methods and machinery to increase my productive efficiency. The early organic advocates went a long way to assure growers, farmers,

Bad Bros and Their Bitcoin

April 22, 2021/9 Comments/in Banking, Climate Change, Energy, Environment, Money and Investments, Steady State Herald, Sustainability, Technology /by Brian Czech

by Brian Snyder

Bitcoin needs to end, now. And other blockchain-based currencies along with it. If, like many people, you only have a vague idea of what Bitcoin is, you need to know two critical facts. First, Bitcoin is a currency that is “mined” via computing calculations, and second, in aggregate those calculations use about as much energy as the nation of Argentina. To make matters worse, that energy use is growing.

A recent analysis in Nature Communications estimated that by 2024 bitcoin mining in China alone would require nearly 300 terawatt-hours (TWh),

The GameStop Boom: Lessons for Steady Staters

February 11, 2021/3 Comments/in Economic Growth, Economic Policy, Monetary Policy, Money and Investments, Poverty, Steady State Economy, Steady State Herald /by Brian Czech

by James MacGregor Palmer

Over the last week of January, it was hard to miss the headlines: “Reddit vs Wall Street,” “Reddit Sparks Wall Street Crisis,” “The Reddit Traders Who Took On Wall Street’s Elite.” The GameStop phenomenon, fueled by the Reddit forum “WallStreetBets,” was pitched as a David vs Goliath story where a group of ordinary citizens took on the elites and won.

Keep Our Counties Great – Safe, Scenic, and Sustaining

July 18, 2019/3 Comments/in Brian Czech, Consumption, Economic Policy, Money and Investments, Politics, Population, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

By Brian Czech

When you look out your window, do you like what you see? Would you like to keep it that way? Are you afraid the forces of growth will deface, degrade, or “develop” your favorite places? Then Keep Our Counties Great is the campaign for you! This county-level initiative has long been pondered at CASSE, and it’s time to act. This does not mean we’re forgetting about the nation as the focal point of fiscal and monetary policy. Nor are we dropping our obligations and interests in international diplomacy. Rather, Keep Our Counties Great will have synergistic effects, especially with our long-term legislative project.

The One Percent: Not Kristallnacht but Lebensraum

May 22, 2019/0 Comments/in Brian Czech, Consumption, Economic Policy, Food and Agriculture, Money and Investments, Sustainability, The Daly News /by Brian Czech

The talking points of conspicuous consumers can be just as obnoxious as their purchasing habits.