On The Evolution Of Poker and a Psychological Theory of Cheaters I have never perfectly understood the concept referred to here but I’ll try to give my understanding of it. Timex (Mike McDonald) a(n ex?) pro poker player is pointing to a post by Sam Bankman-Fried. Sam is the center…

I think its been shown (or at least posited) by the author that any serious inquiry into complex subjects such as economics MUST necessarily include the action or direction of balancing (for example to understand the nature and differences between Austrian and Keynesian economics rather than simply touting one side). …

…an increase in the demand of gold to keep up with the growth of the aggregate demand will not increase the value of each ounce of gold in the long run, so it does not make it inherently volatile in that scenario.~https://gist.github.com/fernandonm/81cb21bdce0910055de32b98ee4119e1 The argument here is that an equal demand…

The great mistake is to see the world with respect to good and evil. For many this carries into their understanding of the global banking/financial system. You can’t understand money this way. To say and see that banks (and governments) are inherently bad or evil is to admit you don’t…