Bajric Sanel
Ph.D. Economics & Computer Science
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Tag Archives: Economic Theory
Fractional Reserve Banking: Creating Wealth out of Thin Air
Have you ever wondered how banks create money, seemingly out of thin air? It sounds like magic, or even a trick. But this isn’t a sleight of hand—it’s the essence of a process known as fractional reserve banking, a cornerstone of the modern economy. The wizardry lies in the math and the mechanics of the…
Quantum Economics: A New Perspective on Inflation
The world of quantum physics has long been viewed as a realm apart from economics. Yet, as we venture further into the 21st century, these two seemingly disparate domains are beginning to converge. Quantum economics, an emerging field that applies principles from quantum physics to economic theory, offers exciting new perspectives on complex economic phenomena…