Credit makes spending smoother. It fills gaps between income and desire. It allows timing flexibility. Used sparingly, credit increases efficiency. Used as the primary driver of spending, it changes the system. This article explains what actually happens when most spending is driven by credit rather than income. No judgement. No prescriptions. Just the mechanism. The … Read more
Saving is often treated as a personal choice. A preference. A habit. A moral virtue. At the system level, saving plays a different role. It acts as buffer capacity. This article explains what actually happens if saving largely disappears. No judgement. No advice. Just the mechanism. The assumption The common assumption is: “As long as … Read more
Rising prices are often treated as temporary. A spike that will pass. Something wages will eventually catch up with. But when wages lag prices for long periods, the system changes — quietly and structurally. This article explains what actually happens when wages fall behind prices over time. No policy arguments. No solutions. Just the mechanism. … Read more
Money works because people believe it will work tomorrow. Not because it has intrinsic value — but because it is accepted. Confidence in money rarely collapses overnight. It erodes gradually. This article explains what actually happens when confidence in money slowly drops. No politics. No predictions. Just the mechanism. The assumption The common assumption is: … Read more
Debt is often treated as something temporary. A bridge between now and later. Something that can be refinanced, extended, or rolled forward indefinitely. At the system level, this assumption has limits. This article explains what actually happens if debt keeps rolling over without resolution. No judgement. No moral framing. Just the mechanism. The assumption The … Read more
Banks are often assumed to hold everyone’s money, waiting to be collected. A building full of cash, ready on demand. That is not how modern banking works. This article explains what actually happens if everyone tries to withdraw cash at the same time. No politics. No blame. Just the mechanism. ⸻ The assumption The common … Read more
Banks are often assumed to hold everyone’s money, waiting to be collected. A building full of cash, ready on demand. That is not how modern banking works. This article explains what actually happens if everyone tries to withdraw cash at the same time. No politics. No blame. Just the mechanism. The assumption The common assumption … Read more