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!
With a really cool and succinct article from Darren Kleine (@_DKleine), today's read is on the "sins" of debt and usury, and how a...
"Today, there exists over 180 currencies across 195 countries. The reason for such an anomaly is simple: there is no free market for currencies....
"To put it simply, there are now corporations with billions of dollars of investment in not just the asset, but the ecosystem. Mining is...