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Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
Some highlights have been hidden or truncated due to export limits.
Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
Some highlights have been hidden or truncated due to export limits.
Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
Generally speaking, money lost to demurrage must be injected back into the economy; otherwise the level of reserves would shrink every year, regardless of the need for money to facilitate economic activity. The result would be the same pattern of defaults, scarcity, and concentration of wealth that threatens us today.
Charles Eisenstein • Sacred Economics: Money, Gift, and Society in the Age of Transition
Main Points • Re-Dollarization, Not De-Dollarization: Contrary to widespread predictions of the US dollar’s demise, it is experiencing a profound strengthening. This phenomenon, explained by the ‘Dollar Milkshake Theory’, is driven by massive capital inflows into US assets, sucking liquidity from the global system • A Second, Powerful Straw: US
... See moreMichael Howell • A Dollar Milkshake With Two Straws
‘the morals of the
John Yorke • Into The Woods: How Stories Work and Why We Tell Them
