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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!
"If you build a system meant by its very nature to dis-intermediate third parties and exist independent of governments and legal systems, you have...
Continuing from yesterday's episode with Part 2 of our journey through Hoppe's amazing piece on the nature and origins of the fiat money system. ...
"ION will decentralize the way that messages and application data is encrypted and exchanged." - ION Announcement With the help of Casa and a...
