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!
Building a robust, censorship resistant, and globally available financial network, reliance on centralized networking infrastructure becomes one of the most significant points of failure. ...
"If the US Dollar really was to reach an uncontrollable level of inflation, a last move by the Fed may be to do this...
"...that the lives and efforts of other men are not his property and are not there to serve his wishes. A rational man never...