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In college, I majored in political science with a focus on East Asia (B.A. University of California at Davis, 1966). My in-depth study of economics did not occur until much later. In the 1990s, I became curious about the Great Depression and in the course of my study, I realized that most of my preconceptions about money and the economy were just that - preconceptions. I, like most others, did not really understand the nature of money and the economy. Now, I have some insights and answers about these critical matters. We are in the midst of a paradigm shift of extraordinary proportions. Financial markets will be stressed as well as other institutions. My writings deal with this challenge and our response to what is to come.
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