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Ultimately, as I argue in this essay, these changes will increase the supply of fiat money and financial repression globally. These two things must happen because no US, EU, Chinese, or Japanese leaders wish to deleverage their system to bring it into a new sustainable equilibrium. Instead, they will print money and destroy the real purchasing powe... See more

Arthur Hayes • Trump Truth

How the World Works

James Fallows theatlantic.com

For Every Winner a Loser

John Lanchester lrb.co.uk

The Deficit Myth

Stephanie Kelton

Cover of The Deficit Myth

A Brief History of Neoliberalism

David Harvey • 1 highlight

Cover of A Brief History of Neoliberalism

The Crisis of Democratic Capitalism

Cover of The Crisis of Democratic Capitalism

Talking to My Daughter: The Sunday Times Bestseller

Yanis Varoufakis

Cover of Talking to My Daughter: The Sunday Times Bestseller

economist Adam Smith,

Oliver Burkeman • Meditations for Mortals: Four Weeks to Embrace Your Limitations and Make Time for What Counts

The Price of Time: The Real Story of Interest

Edward Chancellor

Cover of The Price of Time: The Real Story of Interest