There are two main theories of macro economics - Austrian and Keynesian. Austrian economics developed in the late 1800's Austria while Keynesian economics was developed in the environment of the 1930's Great Depression.
I believe that it's pretty indisputable that the majority of the countries of the world operate under what amounts to Keynesian economics. I believe that these policies are what are bringing us to the brink of a Global Depression.
In today's episode I give an overview of the two economic theories, a bit of history and the major differences between them.
News and Links
El Salvador Bitcoin Volcano Bond
Metamask Logging of Personal Data
Vladimir Putin Asks for Digital Payment System...
Il Capo thread on mental game and time factor
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I can be reached by email at [email protected] and on twitter at @McIntoshFinTech. My mastodon handle is @[email protected]. I'm also on matrix at @mcintosh1775:matrix.org. Looking forward to hearing from you!
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Music Credits
Rock Guitar Intro 07 by TaigaSoundProd
Link: https://filmmusic.io/song/8342-rock-guitar-intro-07
License: https://filmmusic.io/standard-license
Funky Life by WinnieTheMoog
Link: https://filmmusic.io/song/6040-funky-life
License: https://filmmusic.io/standard-license
