
Exposing the collapse of mainstream economics through theory, history and hard evidence
| Platform | Pricing | Only free issues | Publishes | Weekly | |
|---|---|---|---|---|---|
| Issues | 65 | Founded | a year ago | Last Issue | 3 days ago |
| Active | |||||

Cutting To The Chase
Milton Friedman understood something most economists and bankers still struggle with today: banks create money when they create deposits. When banks fail, money disappears.
The problem...
The video above is a must watch for this essay.
- The Great Depression was not caused by “doing nothing.” The authorities intervened repeatedly through reserve injections, cheap money, rescue lending...
Trump and Xi standing together at the Temple of Heaven was one of the most symbolically loaded political images of recent years, yet almost nobody in the Western press seemed to fully understand why.
Mos...
Cutting to the Chase
The 1920s were not the carefree Jazz Age people imagine. Underneath the parties, skyscrapers, and stock market boom sat a deeply fragile international monetary system.
Britain emerged...
Cutting to the Chase
Kevin Warsh’s nomination as the new Fed Chair has forced a real debate about the Fed, inflation, and the financial system. But most of that debate is confused from the start.
The outra...
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The writers behind this newsletter.
An economist and former fund manager for several decades managing money in Emerging Markets and Asia. Finishing a five volume 3,500 page Treatise on Economics Theory and Finance and Banking Systems
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