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!
You've likely been fed the narrative that inflation stimulates spending, benefits the economy, and that government expenditures have a profound 'multiplier effect.' This is...
Today, in preparation of & to understand the significance of the vast array of new features and developments coming to lightning, we cover a...
"People tend to favor proposals that would benefit themselves and reject proposals that, at their own expense, would benefit others. If you were wealthy,...