With Cryptocurrencies as With the Internet and Cars, Collapse Is the Sector’s Life

On June 6, 2021 I published a column titled “We’ll Know Crypto Is For Real When Its Coins Start Collapsing.” More than most want to admit or realize, failure is growth. A “market” for crypto money def...

Despite What You’re Told, Banks Do Not ‘Create Money’

In addressing what’s ridiculous, it’s probably best to start with something basic. Let’s imagine you the reader possess $1,000 in cash. As the owner of those funds you have no limits on what you can d...