Sunday, December 20, 2015

MPT is an Over Simplified Version of Modular-Finance...

and therefore lends itself to abuse by being misrepresented as a Universal Theory...

Sunday, December 6, 2015

The Annus Mirabilis of 1989....

The senenty-year experiment with communism came to an end in November 1989, when the Berlin Wall was demolished.

We do not have a 21st Century Financial System...

The System we have today is the result of Clientelism and crony Capitalism....it was not built through Competition and Evolution...built on 19th Century ideas, 20th century institutions juiced with 21st Century Century Technology...

Modern Finance was designed in a Bell Jar...

In the REAL WORLD... it doesn't work... friction Matters...

Friday, December 4, 2015