Recent posts

How Banks Create Money

9 minute read

A very common view on banking can be summarized by the following statement: Banks accept deposits from savers and then loan those deposits out to borrowers. ...

The Psychology of Stock Bubbles

8 minute read

The recent 800% rally in the stock of brick-and-mortar video game store GameStop over the span of a couple of days, in the middle of a pandemic, seems to def...