Economics

Many people think that if the government is short of money, it's simple: just print more! But in reality, it's not that straightforward, just like a household that's short on cash can't simply print i...

Let's put it this way: Hibiki 30-year-old whisky is less a whisky and more a "work of art in time" or a "liquid antique." Scarcity is ingrained in its very essence.

Let me put it this way: you can imagine the entire economy as a human body, and the banking system is its "cardiovascular system," responsible for delivering money (the "blood") to all the places that...

Certainly, that's an excellent question. In short, the answer is: Yes, panic is not only a part of financial crises but also their catalyst and amplifier.

好的，没问题。咱们用大白话聊聊这三家全球最重要的“央妈”——美联储、欧洲央行和日本央行，看看它们在管钱这事上，到底有什么一样和不一样的地方。 I. Similarities: Common Goals and Basic Tools You can imagine these three central banks as three experienced doctors, and their ...

Okay, no problem. Let's talk about the Federal Reserve's other "tools" besides raising and lowering interest rates. When it comes to the Federal Reserve's monetary policy, most people's first reaction...

Okay, no problem. As someone who has long followed and understood New Zealand, I'll give you a rundown of its current economic situation and future outlook, hoping to make it clear and easy to underst...

Okay, this is an interesting question. The Jackson Hole conference is definitely not just a fishing getaway for global central bankers. It’s more like a "window" for observing the direction of global ...

Okay friend, let's talk about this seemingly high-brow "Jackson Hole Symposium" in plain language and see what it actually has to do with our wallets.

Okay, let's discuss this issue in plain terms. This Year's Jackson Hole: A Precarious Walk on the Tightrope Between "Taming Inflation" and "Preventing Recession" Regarding this year's Jackson Hole me...

Okay, let's dive into this topic. The answer is simple, yet its implications are profound: Yes, undoubtedly, technology and supply chain "decoupling" is creating new, and increasingly higher, barriers...

Sure, no problem. Thomas Friedman's book The World Is Flat is very famous, but many people might remember only its optimistic conclusion—that "the world is flat"—while overlooking his deep concerns ab...

# Can They Continue to Serve as "Global Connectors" in an Increasingly Fragmented Global Landscape? ## Introduction Amidst challenges to the current globalization process—including geopolitical confl...

Does the Keiretsu Culture Still Exist in Modern Enterprises? Is It an Advantage or Disadvantage? 1. Overview of Keiretsu Culture Keiretsu is a unique Japanese corporate group model, referring to allia...

Under Charlie Munger's psychological framework, the "Social-Proof Tendency" is one of the key biases leading to irrational behavior and poor decision-making.

Charlie Munger on "Incentive-Caused Bias" and Its Harm to Corporate Decision-Making Charlie Munger regarded "Incentive-Caused Bias" as one of the most powerful and dangerous cognitive biases humans po...

In my opinion, these two are fundamentally different things, so it's not about one replacing the other. They are more like two tools with different purposes in a toolbox.

Alright, regarding the impact of blockchain and cryptocurrencies on future financial crises, I'd like to share my perspective. This issue needs to be viewed from two sides: it could either become a "s...

Okay, let's talk about this topic. Economic Nationalism: A Lifeline in Crisis or Fueling the Fire? Imagine your neighborhood is on fire. The best approach would be for everyone to connect hoses, guid...

Okay, let's talk about this topic. It's like a house on fire, and the question is what a firefighter (the government) should do, and to what extent, to be appropriate.