A fissure in the monetary system is very dangerous. Leaving aside that you can lose money into it, it causes market participants to drastically alter their behavior, which can cause the collapse of financial institutions, gross misallocations of capital, and...
If you've read the Introduction from this Anti-Concepts of Money series we can now discuss the Anti-Concept: GDP
The Anti-Concept of GDP
Let's discuss thet anti-concept, Gross Domestic Product or GDP for short. Armed with an understanding of anti-concepts, it should be...
Jeff Deist and the Debased guests express their concerns and criticisms regarding the state of the economy under Bidenomics. Warning signs such as an inverted yield curve, declining investment, and excessive government spending are hidden underneath GDP growth and lower...
If you've read the previous essays on Purchasing Power, Inflation, and Money from this Anti-Concepts of Money series we can now discuss the Anti-Concept: Store of Value
The Anti-Concept of a Store of Value
Another anti-concept is store of value. The very...
Where in the world is Keith Weiner?
I set out on the road, for another around-the-world trip, on June 13. My stops include: Auckland, Sydney, Singapore, Dubai, Istanbul, Brussels, Frankfurt, Vienna, Zurich, and London.
My twin purposes are to raise awareness of...
Jeff Deist, Daniel Lacalle, and the expert panel focus on the rise of Javier Milei, a libertarian economist, running for president in Argentina. Milei is portrayed as a figure who understands the complexities of Argentina's economic challenges and advocates for...
If you've read the previous essays on Purchasing Power, Velocity, and Money from this Anti-Concepts of Money series we can now discuss the Anti-Concept of Inflation
The Anti-Concept of Inflation
The Anti-Concept of Purchasing Power leads us to the Anti-Concept of Inflation.
That...
If you've read the previous essays on Velocity and Money from this Anti-Concepts of Money series we can now discuss the Anti-Concept of Purchasing Power.
The Anti-Concept of Purchasing Power
Let’s look at another anti-concept, purchasing power. Wikipedia defines it as:
“the amount...
Join Jeff Deist and his guests as they delve into the future of the US dollar and its position as the world's reserve currency. With discussions on the potential challenges from the Russian and Chinese perspectives, the risks of the...
If you've read the What is Money? essay from this Anti-Concepts of Money series we can now discuss the Anti-Concept of Velocity.
That pseudo-equation MV=PQ described in the What is Money? essay leads us to the anti-concept velocity.
The Anti-Concept of Velocity
Even...
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