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!
"A distant digital descendent of zero, the invention of Bitcoin represents the discovery of absolute scarcity for money: an idea as equally unstoppable." -...
What if there was a single, fundamental flaw in Keynesian economic theory that could shed light on the major imbalances and debts that have...
"By all extant metrics in security system review, this system should have failed instantaneously, at every possible layer. And, to be fair, it has ...