The Crest of a Wave
But now, amidst market turmoil and a public health crisis which much of the world – in particular the US – is fully unequipped to handle, it’s a flaming question mark whether any real growth occurred during this period, or if the high times were merely a fantasy created mainly by capital injections (or “money printing”) from central banks in the US... See more
nemesis.global • The Umami Theory of Value: Autopsy of the Experience Economy
After watching this video on the US government interest stablecoins, it reminded me of the Tether FUD stemming back to 2018. It’s incredible how fuzzy all the technicals are to me now, given how versed I was in it back then. Wondering if that could make an interesting essay topic … And now after searching Google for 60 seconds, it would. One headli
... See moreI ended up with a picture in my head of a market economy as a far-from-equilibrium communications network that uses prices to transmit information about wants and scarcities to people who make production and consumption decisions, exactly as Friedrich von Hayek4 explained almost 90 years ago.