One thing I learned from FOFOA (https://fofoa.blogspot.com/) was that we have too narrow of thinking when it comes to money. We want to limit ourselves to one kind of money for all timeframes. Hard money (savers like this) or easy money (debtors like this). The solution is to have both kinds of money freely valued against each other so savers can save without having their value inflated away, and debtors can go into debt or provide debt and inflate away that debt burden to decrease it and decrease the def
28 Dec 2024 1 minute read 0 comments Evih
One thing I learned from FOFOA (https://fofoa.blogspot.com/) was that we have too narrow of thinking when it comes to money. We want to limit ourselves to one kind of money for all timeframes. Hard money (savers like this) or easy money (debtors...
12 Sep 2023 1 minute read 1 comment Evih
A few years before COVID I read "Natural Experiments of History" on a plane ride. I didn't think much of the book, just something to pass the time. I had already read a ton of economics by that time, including Austrian economics, and this was a tiny...
