We Are Living through Late-Stage Central Banking with Robert Breedlove (WiM309)
The "What is Money?" Show
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The Damage to the Complex Adaptive System of an Economy
In an ideal world, all price changes would be reflections of shifts in supplies of capital or demand for capital. In the inner world where money's being debased and monopolized and corrupted, etc., those price changes are full of noise. And I think this kind of frames up things like the Austrian business cycle theory. Or once you start basing the currency, you get exacerbated and economic booms and bust until one of two things happens - hyperinflation or deflationary snap back to reality.
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