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The Bearing

Malcolm Hunter

Mapping the deep structure of finance

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Substack
PricingOnly free issuesPublishesDaily
Issues61Founded6 months agoLast Issue45 hours ago
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Latest Issues

Storing time: why the medium you save in matters as much as how hard you work (#56)

Block 6 — Storing time and energy

This is article 56 of The Architecture of Money, a 100-part series on money, debt, and Bitcoin. Start from the beginning [here], or read on.

Two electricians walk into the same trade at the same time, in...

45 hours ago

The price of AI, measured by buying it

Most things worth trading end up with a price that someone outside the deal has to vouch for.

Oil is the classic case. It is priced from assessments of what cargoes actually changed hands for, made by agencies that publish their rules in a...

4 days ago

The retirement equation nobody shows you in full (#55)

Block 6 — Storing time and energy

This is article 55 of The Architecture of Money, a 100-part series on money, debt, and Bitcoin. Start from the beginning [here], or read on.

Most people will spend roughly 90,000 hours working. Retirement...

5 days ago

What a craftsman in 14th century Florence understood about money that we've forgotten (#54)

Block 6 — Storing time and energy

This is article 54 of The Architecture of Money, a 100-part series on money, debt, and Bitcoin. Start from the beginning [here], or read on.

A goldsmith in Florence in 1340 could hold a florin in one hand...

9 days ago

The energy theory of value: what thermodynamics has to do with your savings (#53)

Block 6 — Storing time and energy

This is article 53 of The Architecture of Money, a 100-part series on money, debt, and Bitcoin. Start from the beginning [here], or read on.

The energy you spend at work cannot be spent again.

The pounds...

12 days ago

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