Part 1: Was Ben Bernanke An Idiot?
As much as we’d like, we can’t escape 2008. Though it was a long time ago now, we are still living in its long shadow. The reason is shadow money. This isn’t the first time the world has come face to face with it, either. In Part 1, we look at the origins of the crisis that no one ever really has. Monetary evolution, sure, but the reality is far deeper and more profound: we’re all idiots.