Just Because
I haven’t posted in a while because… well, just because. It’s a long story so I won’t bore you with the lurid details. We gotta keep moving forward because when motion stops, death follows. So here I am, for now.
My two favorite macroeconomic analysts are Lyn Alden and Luke Groman. They are unparalleled in their ability to convey their deep understanding of what’s going on in the world economically to lowly plebs like me. Lyn has a book coming out soon titled “Broken Money“. I can’t wait for it!
I’ve been capturing my understanding of the structure of what a typical unpegged fiat system looks like. I produced the concoction below after many maniacal iterations. I think the model is applicable to every country on earth that has a central bank to control its national fiat system. It applies to all forms of government: democracy, dictatorship, monarchy, junta, politburo, etc. If you don’t agree, then help me understand what’s wrong with the model.
Scatological, so it must be true!
Good one! 👍
Sums up status quo pretty well! Cheers! 🙂