MONEY

Abstract This article conducts a comparative historical analysis of the U.S. and Canadian banking systems to investigate the stark divergence in their long-term financial stability. Despite sharing proximate geographies, integrated economies, and similar macroeconomic trajectories, the United States has experienced 17 systemic banking crises since its founding, while Canada has experienced none. Standard economic models … Read more

Abstract We examine the intertwined relationship between sovereign power, banking policy, and financial innovation in early modern Europe, focusing on the seminal financial crises of the early eighteenth century: John Law’s Mississippi System in France and the South Sea Bubble in Great Britain. Challenging interpretations that prioritize speculative mania or market irrationality, this analysis argues … Read more

Abstract Financial crises, characterized by sudden asset value declines and severe economic disruption, represent a recurring and costly feature of the global economic landscape. Despite their devastating impact, crises persist with remarkable frequency, posing a central puzzle to economic theory and policy: Why do societies fail to learn from and prevent these catastrophic events? This … Read more

How inflation erodes purchasing power – the strategies adopted by savvy investors to protect and grow their assets. 73+ Sources Key Insights into Inflation and Wealth Preservation The statement, “$100K in 2020 doesn’t buy what it used to. By April 2025, you’d need $124,353 just to maintain the same lifestyle. In 5 years, the dollar … Read more

Warum die Streichung von 14 Nullen in Venezuela ein Symptom der Hyperinflation und nicht des Reichtums ist. Aus der Reihe: Sozialismus ist Scheisse 78+ Sources Die Kernpunkte der venezolanischen Währungskrise Die Behauptung, dass in Venezuela “Geld auf der Straße liegt” und jeder Milliardär werden könne, verkennt die dramatische Realität der Hyperinflation und ihrer Folgen. Die … Read more