Today I wanted to cover an analogy I have hit in the past to explain what's happening in the boom/bust cycle. One that sheds light on the fact that the imbalance is a fundamental element of the fractional reserve system, rather than an unexplainable flaw of humanity shrugged away by "animal spirits."
What do cars, tickets, and vacation plans have to do with the boom/bust cycle? Listen to find out!
“These prospects have stirred a hive mind of dreamers and fueled an unprecedented bout of economic speculation. We don't know where it's headed. But...
Today we cover more specifically the consequences and risks of a divorce between miners & the network of nodes. What could the miners do,...
"All of this is important because there has been a resurrection of Burns-type positions in the current debate about the cause of higher inflation...