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Why Are Houses So Expensive?

The dream of owning a home has become more elusive than ever. Over the past decade, U.S. house prices have increased by nearly 4.7% per year above the rate of inflation while the median household income in the U.S. has only grown by 1.5% per year (above inflation) over the same time period. ....

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What Is Fractional Reserve Banking and Why Does Crypto Hate It?

The modern financial system is built on banks risking customer deposits – and the U.S. government has blocked safer alternatives. ....

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Links 1/25/2022 | naked capitalism

Our popular daily links, including fish, James Webb telescope, airborne transmission, IVM, China Olympics, energy firms exit Myanmar, the British Empire, Tonga, South Korean marriage rates, Ukraine crisis, Assange, union busting, dreams ....

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Is web3 bullshit?

And is that even the right question? ....

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Links 10/5/2021 | naked capitalism

Our popular daily links, including California oil spills and fires, nuclear fusion, Facebook down, Facebook weak, Moderna v. Pfizer, redacated Wuhan mail, Evergrande, Myanmar, Gladys, debt ceiling, Pandora papers, extermination ....

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