Taner Pakben

In the US, 35% of the $5 trillion in annual tax revenue is paid in interest, averaging $1.75 trillion at 4.42% interest.

Each additional month of Iran war adds roughly $7-8/bbl to Brent, lifting monthly average prices to around $114/bbl if disruptions extend to three months. If disruptions persist for another month, the national gas average would likely rebound to around $4.20. If the conflict extends to two months, prices would likely move back above $4.50: JPMorgan

🤔 Why Does the Morality of Societies Deteriorate? 🤔⬇️ States can never go bankrupt. When states run out of money, they print money. Printing money increases inflation. It reduces morality and honesty. You begin to have an immoral population, and the state begins to collapse. Increased inflation impoverishes salaried workers, retirees, and honest people the most. It causes those with money, opportunists, those who do not follow the rules, and states to become richer. This money created through inflation offers new opportunities and wealth to those who do lawless things. Currently, all governments are trying to cover their expenses by collecting all the money in the market with ever-increasing interest rates to pay the interest on their ever-increasing debts. They are reducing their investments and wages through inflation. Since there is no money left in the market and wages are decreasing due to inflation, salaried workers are becoming increasingly poor.