Who Controls the World? – A Study on the Complexities of the Global Financial System

James Glattfelder studies complexity: how an interconnected system -- say, a swarm of birds -- is more than the sum of its parts. And complexity theory, it turns out, can reveal a lot about how the economy works. Glattfelder shares a groundbreaking study of how control flows through the global economy, and how concentration of …

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Understanding Money – Part 2: Making Slaves

In the previous blog article, we discussed how money is created in the form of debt. As crazy as that sounds, it is only half the story. Aside from controlling the money supply [inflation], the Federal Reserve also controls the interest rates. The Federal Reserve does not simply supply a government's economy with money, it …

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Understanding Money – Part 1: Making Magic

Whether we are aware of it or not, the lifeblood of all of our established institutions and society itself is money. Therefore understanding monetary policy is critical to understanding why our lives are the way they are. Unfortunately, economics is often viewed with confusion and boredom. However, the fact is, the complexity associated with the …

Continue reading Understanding Money – Part 1: Making Magic