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(Rate of) Change
A fact of life: change is constant. However, while speaking to an elder Buddhist lady in Leh, Ladakh, I became aware that the rate of change is what matters more than the change itself. Currently, rural and developing systems (think: nations/cultures) are undergoing a much quicker rate of change even though most of these places…
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Minimum Reserve Requirements: the dark horse in the FED toolbox
The past decade has been unprecedented in terms of financial policy. Specifically, low-interest rates and central bank stimulus into economies around the globe starting from arguably the 1970s/80s (indisputably since 2008) to today have led to recent volatility in inflation and sharp increases in interest rates leading to bank collapses, increased business bankruptcies, and financial…
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Commentaries on Peter Thiel’s “The Straussian Moment”
If you are inclined towards Philosophical topics of discussion I highly recommend you watch Peter Thiel’s conversation with Peter Robinson: In the second half of the conversation, Thiel touches on the subject of innovation and on the US vs China conflict. He is famous for claiming that the world at large is lagging in innovation…