A summary of this section of the blog.
Tag: securities
How the efficient market hypothesis justified deregulation of financial markets, leading the to the extreme chaos, inefficiency and instability we see in these markets today.
Why the Efficient Market Hypothesis is wrong, and therefore why markets always price financial assets incorrectly.
What is the “fundamental value” of a financial asset?
Over the last few weeks I’ve outlined how our current monetary system works, what problems this causes, and briefly outlined some of the ideas currently…
In the last couple of weeks we’ve seen that banks create money when they make loans, and that the only limitation on their ability to…
This is going to be my final model (woop woop). I’m calling it Intermediateland, because in Intermediateland they’ve invented financial assets, and financial assets do…