GuysTake_18 - A Story About Booms & Busts

June 11, 2019 00:40:38
GuysTake_18 - A Story About Booms & Busts
Bitcoin Audible
GuysTake_18 - A Story About Booms & Busts

Jun 11 2019 | 00:40:38

/

Hosted By

Guy Swann

Show Notes

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!

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

October 05, 2023 00:40:23
Episode Cover

Reboot - Bitcoin & Software Reliability

"With Bitcoin, lives and money are at stake. Interruption of its service can cause a cascade of losses and unintended consequences for potentially millions...

Listen

Episode

March 19, 2024 00:43:55
Episode Cover

Read_809 - Bitter Opposition to Bitcoin

"In a system that depends on irresponsible government spending (especially for perpetual war) and fiat printing to cover that irresponsibility, alarm bells cannot be...

Listen

Episode

September 26, 2019 00:59:51
Episode Cover

CryptoQuikRead_298 - Lightning Service Providers [Roy Sheinfeld]

With another great piece from the Breez-Tech CEO we read and explore the fascinating concept of the Lightning Service Providers.  What is their role?...

Listen