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The Bearing

Malcolm Hunter

Mapping the deep structure of finance

Platform
Substack
PricingOnly free issuesPublishesTwice weekly
Issues42Founded4 months agoLast Issue4 days ago
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Latest Issues

How the 1970s broke the postwar social contract, and what those who lived through it learned (#38)

Block 4 — The invisible tax

This is article 38 of The Architecture of Money, a 100-part series on money, debt, and Bitcoin. Start from the beginning [here], or read on.

For roughly twenty-five years after the Second World War, an implicit...

4 days ago

Asset price inflation vs goods inflation: why the rich got richer, and it wasn't luck (#37)

Block 4 — The invisible tax

This is article 37 of The Architecture of Money, a 100-part series on money, debt, and Bitcoin. Start from the beginning [here], or read on.

Between January 2009 and December 2021, the Consumer Price Index in t...

7 days ago

The 2% target: who decided destroying 2% of your savings every year was acceptable? (#36)

Block 4 — The invisible tax

This is article 36 of The Architecture of Money, a 100-part series on money, debt, and Bitcoin. Start from the beginning [here], or read on.

In 1989, a television interviewer in New Zealand asked the country’s...

11 days ago

What inflation does to a pension over 30 years (the numbers are not reassuring) (#35)

Block 4 — The invisible tax

This is article 35 of The Architecture of Money, a 100-part series on money, debt, and Bitcoin. Start from the beginning [here], or read on.

A pension that does everything right for thirty years can still fail...

14 days ago

Why your salary raise might actually be a pay cut: the real wage illusion (#34)

Block 4 — The invisible tax

This is article 34 of The Architecture of Money, a 100-part series on money, debt, and Bitcoin. Start from the beginning [here], or read on.

You sit down with your manager in January. The conversation goes well...

18 days ago

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