In a financial system where we have a banking system that generates money out of nothing, what is the purpose of borrowers paying any interest at all? What is the societal purpose of banks to begin with? If usury is wrong at any level, even at a 1% interest, how could we have a banking… Continue reading Banking Without Usury: A Thought Experiment (Ep.111)
Tag: bonds
Lifelong Financial Security In 30 Minutes – The Permanent Portfolio (Ep.40)
Nima and Dylan discuss Harry Browne’s Permanent Portfolio, including how and why economic fundamentals affect the assets in the portfolio. Notes: Harry Browne’s book Failsafe Investing https://us.macmillan.com/books/9780312263218/failsafeinvesting Harry Browne https://en.wikipedia.org/wiki/Harry_Browne Permanent Portfolio assets https://external-content.duckduckgo.com/iu/?u=http%3A%2F%2Fwww.rational-invest.com%2Foampevoa%2F2015%2F05%2Fbrown_permanentportfolio.png&f=1&nofb=1 Kalecki’s Corporate Profit Equation https://www.philosophicaleconomics.com/2013/11/cp/ When bonds aren’t bonds https://www.pragcap.com/when-bonds-arent-bonds/ Discounted Cashflow Analysis https://www.investopedia.com/terms/d/dcf.asp Yield curve control in Japan https://www.sipa.columbia.edu/academics/capstone-projects/bank-japan-japan-yield-curve-control-regime Inverted… Continue reading Lifelong Financial Security In 30 Minutes – The Permanent Portfolio (Ep.40)