In a financial panic, printing money is a vaccine. If the vaccine proves ineffective, the only solution is quarantine. This means closing banks, exchanges, and money market funds, shutting down ATMs, and ordering assets managers not to sell securities.

Elites are preparing for a financial ice-nine with no vaccine. They will quarantine your money by locking it inside the financial system until the contagion subsides. The best known cases of elites’ freezing customer funds in recent years were the Cyprus banking crisis in 2012 and the Greek sovereign debt crisis in 2015. These crises […]

Goals vs Systems

The goals people are fighting the feeling of discouragement at each turn — until they reach their goals if they ever do. The systems people are feeling good every time they apply their system. That’s a big difference in terms of maintaining your personal energy in the right direction. The system-versus-goals model can be applied […]