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Hidden Forces Profile picture
Hidden Forces
@HiddenForcesPod
Get the edge with Hidden Forces, where podcast host @Kofinas teaches you how to think critically about the systems of power that structure our world.
Aug 24, 2019 • 7 tweets • 2 min read
Today's international monetary system is the result of four hundred years of consolidation in banking networks, clearing houses, and exchanges. The destruction brought about by WWII laid the foundation for a new, gold-backed system of fixed exchange rates that arguably... …represents the closest humans have ever come to creating truly global money. At this year's Jackson Hole Symposium, Governor of the @bankofengland Mark Carney, gave a speech in which he acknowledged the challenges facing the current international monetary system of floating...
Jan 5, 2019 • 5 tweets • 2 min read
1/ Economics is, after all, a social science, and as such is beholden to the unintended consequences brought about by the actions of the observer as much as by those of the subject being observed. Imagine if we designated responsibility for... 2/ ...precipitation and cloud cover to executives at “The Weather Channel?” Even if this new politburo had the best of intentions, would you feel comfortable ceding control of the weather to a group of 12, unelected, and highly fallible, human beings? We don't think so. And if...