Sublime
An inspiration engine for ideas
Max Straatsma
@maxstr
One day a little Dutch boy was walking home when he noticed a small leak in the dike that protected the people in the surrounding town. He started to stick his finger in the hole. But then he remembered the moral hazard lesson he had learned in school…. “The companies that built this dike did a terrible job,” the boy said. “They don’t deserve a bai
... See moreAndrew Ross Sorkin • Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the FinancialSystem--and Themselves
Who pays? It is bad for those outside the central bank who still hold the debts as assets—cash and bonds—who won’t get returns that would preserve their purchasing power.
Ray Dalio • Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail
the market determines the value of a
Martina Lauchengco • Loved: How to Rethink Marketing for Tech Products (Silicon Valley Product Group)
fractional-reserve banking
Brett Scott • Heretic's Guide to Global Finance: Hacking the Future of Money
In the old thinking, monetary policy was intended to spur economic growth or to restrain it to a sustainable level.