Economics is a phony science. And the more you study it the more nonsense you know… the more you think you know… and the less you really know about how an economy actually functions… I’ll explain why in just a few sentences.
If you are a real scientist, you start with things you can know… and you can build on them. Water boils at 212 degrees Fahrenheit at sea level, for example. The molecules heat up… and then suddenly change from liquid to gas… and the pot boils, right? Happens every time. You can count on it. And with this knowledge you can...