Building a world of
resilient communities.

MAIN LIST

 

Money System Mayhem?


 

Over the last hundred years, the international money system has unraveled every few decades with surprising regularity. With the current US-based system reaching the end of its useful life for newly rising economic powers, will campaigns of financial warfare push countries to abandon the dollar denominated financial regime? How does human nature and behavioral psychology drive reactions to episodes of financial euphoria and fear?

In Extraenvironmentalist #79 we first speak with Jim Rickards about his new book, The Death of Money: The Coming Collapse of the International Monetary System. We ask Jim about how a potential failure of the US dollar based international financial system would play out. Jim describes how previous money system failures may shape expectations and reactions to the next crisis. Then, we discuss the neuroscience of bubbles with behavioral economist Colin Camerer. Colin tells us about his recent research that maps the human brain as financial bubbles form and crash.

Download

Printing dollars teaser image via shutterstock. Reproduced at Resilience.org with permission.

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Find out more about Community Resilience. See our COMMUNITIES page
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.

 

This is a community site and the discussion is moderated. The rules in brief: no personal abuse and no climate denial. Complete Guidelines.


The puzzling flattening of carbon emissions and the problem of global growth

There is another obvious and plausible explanation for the flat carbon …

A New Economy Will Help Save Rivers and Fisheries

Globalization and cheater economics have been destroying the world’s …

How a credit union is increasing access to affordable, responsible financial services

Founded in 1980, Self-Help works to create and protect ownership and …

David Graeber on the Utopia of Rules: Why Deregulation is Actually Expanding Bureaucracy

The current economic system advances through free trade and deregulation; …

The Shale Debt Redux

US shale and Canadian oil sands account for about 18% of global production. …

Transformation or Replication? On the Aftermath of the Greek Government Shift

We might err, but we believe that in the night of the elections in January …

The "Naturalness" of the Commons

When you live in a community, you see how it’s the most natural and …