In this episode Mark Hall and Walter Kemmsies discuss Security vs Prosperity, market based system vs command system. A small group of people making all the decisions, deciding what you watch, what you wear and where to live. The constant tension of open free market and monopolization of good and services. The discussion also delved into the topic of A.I. It's impact to an industry, advantages and concerns of this new technology.
Mark and Walter discuss the history of recession cycles and why does an oversupply of goods cause recessions. For more information on North Point...
A zero percent inflation rate may look elegant mathematically, but the mathematical model built represents no universe that any human being has ever lived...
Walter and Mark continue the discussion of the economy and the discrepancy of goods. For more information on North Point and The Kemmsies Group,...