What is the common denominator driving these cycles of boom and bust, inflation and deflation, expansion and Depression?
Would your first answer be money.? According to most economists and pundits, that’s an excellent and obvious answer. It’s either too much money or not enough money that causes it all. The reason they say that (and perhaps the reason you might agree with them) is that they have forgotten the first rules of investigative activity. * Take note of the evidence. * Follow the money. * Find who has a motive. * Who benefits? * Shuffle the puzzle pieces. * Make a case. * Take it to court. * Let the jury decide. That’s pretty idealistic I’ll admit, specially since I’ve been in the dock as a prosecution witness and felt the hot breath of a twisted defense attorney just making up lies…but that’s another story. We’ll leave aside the fact that no-one can actually define what money is, and the fact that it has been reduced to keystrokes on a computer, imaginary vaults in cyberspace, and plastic cards that act like a conveyor belt to carry your future income sight unseen to one of those imaginary va