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Economics Federal Reserve

Top 1% Received all of the $4 Trillion Printed in 2020

The $4 trillion created by the Federal Reserve as part of the 2020 stimulus program appears to have gone entirely to the top 1% wealthiest people in the world.

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Psychology Science

Subconscious Processes 27,500 Times More Data than the Conscious Mind

The brain takes in 11 million bits of data per second but the conscious mind can only process around 400 of those bits.

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Democracy

The Majority of Americans Didn’t Support the American Revolution

Around 20% opposed the US Revolution for democracy, about 40% supported it, and about 40% didn’t give a damn.

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Democracy

Democracy Gonna Make You Rich, Bitch!

A country that switches from non-democracy to democracy achieves about 20% higher GDP per capita over the next 30 years.

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Politics

Most Voters Believe Their Own Party Will Win

A 2008 and 2016 poll of voters showed wishful thinking bias led a majority of people to believe their favored candidate was going to win.

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Economics Healthcare

How much does it cost to develop a drug?

The average cost of getting a new drug to market is $1.3 billion.

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Economics Federal Reserve Government Spending

When the government prints new money, who gets it?

The primary recipients of newly created money are currently banks and corporations who are able to borrow from the Fed almost 0% interest and loan this to the public at much higher interest rates.

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Economics Utilitarianism

A World Run By Economists

If only economists could run for office, the the compound interest on more efficient resource allocation, would have produced a utopia with flying cars by now.

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Healthcare

Depression Rates Correlate Highly with Changes in Diet and Autoimmune Disease

The increase in depression is most correlated with the increase in inflammatory autoimmune diseases and with significant changes in the western diet.

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Economics

How to Identify the Bottom of a Stock Market Correction

This chart shows when the cost of the average stock (the S&P 500) exceeds its underlying value (corporate profits after taxes).