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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!
“In this third part, we’re going to focus on a slightly different question: “Is the system running at its optimum?” -LaurentMT Check out the...
Another short update episode releasing the very first long read in full! Visit the website to listen, download, or read Szabo's Shelling Out! Plus...
"The project was initially understood as yet another doomed attempt to construct a digital currency by the disillusioned cypherpunk community. And without anyone’s permission,...
