Chapter 15 (Bubbles): Throughout the long sweep of history, the bursting of asset bubbles has nearly always been traumatic. Social, political and economic upheavals have...
Chapter 16 (Fuzzy Numbers): Dr. Martenson explores how inflation and GDP are measured, how their measurement has changed over years, and what that means concerning...
Fundamentals of Physics (PHYS 200) Professor Shankar introduces the course and answers student questions about the material and the requirements. He gives an overview of...
Chapter 8 (The Fed Money Creation): Chapter 7 explained money creation via money loaned into existence by banks, on the local level. Chapter 8 explains...
Chapter 10 (Inflation): Dr. Martenson establishes inflation as a monetary phenomenon, defined as the decrease of the value of money, caused by too much money...
Chapter 19 (Future Shock): Debt, money creation, population, and energy production have all experienced unsustainable exponential growth in recent years. This fact, when paired with...