Economics

what is money

What is Money?

Money is any accepted unit or verifiable ledger that is used and accepted for transactions of goods and services, payments on debts, or tax collections inside a specific geographic area, nation, or union.  Money is defined as anything that functions in two way transactional exchanges, it can be measured in units in an account, deferred […]

What is Money? Read More »

joker burning money

How Chinese Stocks Are Being Ruined By Gerschenkron

This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. In this video we’ll be talking about how the Gerschenkron growth model spells disaster for China and Chinese stocks. Make sure to

How Chinese Stocks Are Being Ruined By Gerschenkron Read More »