A Black Hole in Economics

A Black Hole in Economics

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Where does money come from? How is it created? And why should you care? You might be surprised that many financial experts fumble when faced with these fundamental questions. The fog of ignorance surrounding money creation isn’t just limited to the public; it stretches to pundits, politicians, and even academics. But on this vital topic, ignorance is anything but bliss. Not understanding money creation and its consequences could cost you dearly during a period of slow economic growth and persistent price inflation.

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Description

Where does money come from? How is it created? And why should you care? You might be surprised that many financial experts fumble when faced with these fundamental questions. The fog of ignorance surrounding money creation isn’t just limited to the public; it stretches to pundits, politicians, and even academics. But on this vital topic, ignorance is anything but bliss. Not understanding money creation and its consequences could cost you dearly during a period of slow economic growth and persistent price inflation.

Jim Brown

Jim Brown holds a Bachelor of Science degree from the U.S. Air Force Academy, an MBA from Harvard Business School, and is a Chartered Financial Analyst. His career progression includes being an Air Force pilot, airline pilot, financial analyst, investment group director, and CEO. He has 40 years of experience as a securities analyst and portfolio manager. Formerly, he was the President and CEO of the Ayn Rand Institute and served on its board of directors for six years, retiring in 2023. He currently serves on the Board of Directors for Monetary Metals & Co, the Board of Advisors for the Brandes Institute, and the Board of Advisors for Reliance College. Jim and his wife, Kathy, operate their family office from their home in Jackson Hole, Wyoming.

Additional information

Theme:

Economics

Author:

Jim Brown

ISBN-13

979-8991448918

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