Modern Monetary Theory Debunked: A History Lesson on Deficit Spending
For millennia, alchemists have searched for a way to create gold from cheap raw materials. Explorers searched for the ‘fountain of youth’. Economists and governments - they are always searching...
The concept of a ‘universal basic income’ - giving all citizens of a city, state, or nation a constant, guaranteed income - is gaining popularity. Google searches for ‘universal basic...
Fractional Reserve Banking Doesn’t Cause Inflation – Here’s What Does
Fractional reserve banking is often blamed for many of the problems inherent to an ever-expanding money supply. We hear cries that bankers are creating money to pay their bonuses, or taking too many...
We hear talk of inflation constantly in financial news and economics textbooks, but rarely do we find the distinction made between price inflation and monetary inflation. Understanding this...
What does a Negative Interest Rate on Government Debt mean for you?
In today’s world, when a government decides it wants to stimulate its economy, the central bank of that country often lowers interest rates to make borrowing money cheaper and saving money less...
Seed phrase storage is simple but critical for all cryptocurrency holders. This guide walks seed phrase basics, hardware wallets, and secure steel backups.
