Podcasts: GuysTake_18 - A Story About Booms & Busts 🔗 5 years ago
- Category: Podcasts | Bitcoin Audible
- Author(s): Guy Swann
- Published: 11th June 2019 21:11
Today I wanted to cover an analogy I have hit in the past to explain what's happening in the boom/bust cycle. Â One that sheds light on the fact that the imbalance is a fundamental element of the fractional reserve system, rather than an unexplainable flaw of humanity shrugged away by "animal spirits." Â
What do cars, tickets, and vacation plans have to do with the boom/bust cycle? Â Listen to find out!
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