Wealth Creation and Investment Habits
The money system may be broken, but by prioritizing investments in primary assets like land and gold, and committing to self-education, you can protect and grow your wealth despite economic challenges.
Nikola Dimov
The Global Debt Dilemma
Excessive debt in major economies, coupled with rising interest rates, risks triggering a global currency crisis that could destabilize markets and erode living standards worldwide.
Money and Banking
The modern financial system, built on centralized fiat currencies and fractional reserve banking, erodes savings and concentrates wealth, but decentralized solutions like Bitcoin offer a transparent, permissionless alternative to empower individuals and connect the world.
Fractional Reserve System
The fractional reserve system allows banks to lend out most of their deposits, creating new money and fueling economic growth while relying on careful regulation to mitigate risks like bank runs and inflation.
From Empires to Economic Dominance
The rise of a nation's currency as the world's reserve, from the Dutch Gilder to the U.S. Dollar and now China's Yuan, grants unparalleled economic power but risks over-leveraging and financial instability.
The Petrodollar Deal
The petrodollar deal, forged in the early 1970s between the United States and Saudi Arabia, established the U.S. dollar as the dominant currency for global oil trade, reshaping economic and geopolitical landscapes.
The Yom Kippur War
The Yom Kippur War of 1973, launched by a surprise Egyptian-Syrian attack on Israel, reshaped Middle Eastern geopolitics and highlighted the fragility of regional stability.