Rooster Zepheye's definitions
A misnomer given to an economic system where a central bank controls interest rates and promotes inflation. Interest rate signals from private banks are not market-based. Money is unsound.
Features: Declining wages for workers, damage to the manufacturing base, expansion of the government.
Features: Declining wages for workers, damage to the manufacturing base, expansion of the government.
A: Late capitalism is making life difficult.
B: Hey, dude, the difficulty has nothing to do with capitalism. The Fed is running a system of unsound money and not letting market forces work.
A: Then, let's end the Fed.
B: Hey, dude, the difficulty has nothing to do with capitalism. The Fed is running a system of unsound money and not letting market forces work.
A: Then, let's end the Fed.
by Rooster Zepheye April 1, 2020
Get the late capitalism mug.barbershopped newspaper - a newspaper that has been read and left in a disorderly state; some pages are folded back, some pages have been pulled from their section and not put back, some pages may be missing. Traditonally, this was the condition of a print newspaper after a few customers in a barbershop had read parts of it.
Lancy wanted to keep yesterday's newspaper to give to a neighbor. When she went to get it, Lanny had barbershopped it all over the sofa.
by Rooster Zepheye September 8, 2023
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