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309: A Money Revolution?

Money has taken on many forms throughout history. In the last couple of centuries gold has been the dominant form of money recognized globally. In 1912 J.P. Morgan himself said, “Money is gold, and nothing else”. Yet the relevance of gold has really come into question since Nixon took the dollar off the gold standard […]

308: Interest Rates, Inflation and Cryptocurrency!

I write this on the “Ides of March” one day before the Federal Reserve meets to discuss the economy and its plans for the near future. The 900-pound gorilla in the room is inflation although the war in Ukraine may be a mitigating factor for the impending hawkish moves anticipated. By the time this post […]

307: What does the War in Ukraine Mean for You?

Americans have always enjoyed the advantage of geographic isolation from much of the Western World. It has allowed us, in many ways, to look at many of the world’s conflicts from a relatively disinterested distance. Who knows if we would have gotten involved at all in World War 2 if not for the bombing of […]

306: Robert Kiyosaki on Vietnam and the Politics of Money

In June of 2008, I graduated from my surgical residency program, got married and discovered Robert Kiyosaki. 14 years later, I’m no longer a practicing surgeon nor am I married anymore. However, the impact of Robert’s books defined the course of my life. It’s really extraordinary when I think about how a single book that […]

305: What is Decentralized Finance?

Distributed ledger technology is revolutionary and creates some problems for the old guard—specifically banks and the traditional financial markets. The young guns creating all of this technology are really shaking things up. But you can bet that the traditional guys who have been making millions of dollars off the old system aren’t giving up easily. […]

304: Will Crypto Kill the New York Stock Exchange?

Disruptive technology always creates casualties. I still remember a few years ago walking in a city with my oldest daughter who was about five or six at the time. We passed an old phone booth and she asked, “Daddy what’s that?”. Think of all the technological dinosaurs that have been forgotten in your lifetime. Records […]