Tag Archives: Inflation

Fractional Reserve Banking: Creating Wealth out of Thin Air

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…

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Keynesian Economics vs. Chicago School: A Comprehensive Comparative Analysis

In the field of economics, there are various schools of thought that dictate how we understand and interact with market forces. Two of the most influential of these are the Keynesian school and the Chicago school. These models have their distinct merits, demerits, and philosophical underpinnings, which can be traced back to the ideas of…

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Quantum Economics: A New Perspective on Inflation

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…

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