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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!
To think that a hard monetary asset, with a perfectly inelastic supply, could go from a $0 market with no infrastructure, liquidity, or demand,...
“This week I learned you can start syncing an archival Ethereum node, travel completely around the world, and it still won’t be finished.” -@lopp...
"Do we need an AGI Manhattan Project? Slowly at first, then all at once, it will become clear: this is happening, things are going...
