Chapter 10 (Inflation – Part 1 of 2): Dr. Martenson establishes inflation as a monetary phenomenon, defined as the decrease of the value of money, caused by too much money around in relation to goods and services. From 1665 to 1776, 111 years, there was absolutely no inflation. From 1665 to 1905, 240 years, the [...]
Posts Tagged ‘Martenson’
Crash Course: Chapter 10 – Inflation (1 of 2) by Chris Martenson
Posted: 30th March 2010 by admin in CourseTags: Chapter, Chris, Course, Crash, Inflation, Martenson
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Crash Course: Chapter 15 – Bubbles (2 of 2) by Chris Martenson
Posted: 29th March 2010 by admin in CourseTags: Bubbles, Chapter, Chris, Course, Crash, Martenson
Chapter 15 (Bubbles – Part 2 of 2): Throughout the long sweep of history, the bursting of asset bubbles has nearly always been traumatic. Social, political and economic upheavals have a bad habit of following asset bubbles, while wealth destruction is a guaranteed feature. Four characteristics of bubbles are observed: that they are self-reinforcing on [...]
Crash Course: Chapter 5 – Growth vs. Prosperity & Chapter 6 – What is Money? by Chris Martenson
Posted: 29th March 2010 by admin in CourseTags: Chapter, Chris, Course, Crash, Growth, Martenson, Money, Prosperity
Chapter 5 (Growth Vs. Prosperity): Contrary to what we’ve grown used to, growth is not the same thing as prosperity. In fact, growth and prosperity are both dependent on the same thing: surplus. Dr. Martenson explains how we’ve been conditioned to want, and to take, both growth and prosperity; however, we are approaching the limits [...]