By Tae-Sik
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June 18, 2020
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~5 min read
A free society respects the individual. A free society allows for a frictionless exchange of products, services and labor. Laws are designed to be universal and add clarity and boundries in the interaction of sovereign individuals. Wages are paid to those who provide their time and services. Labor and time is paid in exchange for […]
By Tae-Sik
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July 3, 2020
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~8 min read
We associate a bureaucracy with words like stodgy, slow, formal, inefficient, procedural, wasteful, and expensive. Where do we find bureaucracies? Usually in large companies and organizations. In government offices on a local, city, county, state and federal level. There may be less obtrusive bureaucracies in smaller establishments. What do bureaucrats and bureaucracies do? They have […]
By Tae-Sik
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May 22, 2024
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~12 min read
Question: Excessive money printing and fiscal spending are often cited as causes of financial instability. However, if a government issues bonds and the central bank buys them (essentially monetizing the debt), wouldn't this just lead to inflation without necessarily creating other problems? Answer: Excessive money printing and fiscal spending can indeed lead to financial instability, […]
By Milan Ji
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December 4, 2025
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~9 min read
From Blood and Soil to Contracts and Code: The Great Substitution For almost the entirety of human existence, the primary social glue was biological and territorial. Societies cohered through extended kinship networks; clans, villages, tribes, and the literal soil that contained the bones of their ancestors. In traditional societies across Asia, Europe, the Americas and […]
By Tae-Sik
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July 27, 2020
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~7 min read
Money and currency is our medium for the exchange of goods and services. In the US, we use dollars. It is printed and regulated by the US Government. It is divisible, scarce, durable, portable, difficult to counterfeit, universally accepted, and stable. The value of a nation’s currency is correlated to its scarcity and wide acceptability. […]
By Tae-Sik
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December 25, 2023
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~5 min read
Is a major recession or an unspeakable depression akin to 1929 possible in our modern age? Central banks stand ready, modern banking systems with derivative assets locked and loaded, fiat currencies ready to print and the cost of money digitally available to be distributed to anyone and anywhere in seconds. Our modern economy is global, […]
By Tae-Sik
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June 12, 2025
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~12 min read
This is my impressionistic explanation of how the Bitcoin Wallet works and how it fits within the larger Bitcoin ecosystem. There are 3 components to the Bitcoin core. The Bitcoin core is the software or programmatic implementation of the Bitcoin software system. 1. Bitcoin Mining 2. Bitcoin Node 3. Bitcoin Wallet Bitcoin miners compete for […]
By Tae-Sik
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April 5, 2020
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~2 min read
Old Rich People Run the World during the Covid19 Crisis Nations are often pushed into international wars and conflict, in a struggle for geopolitical power, for the acquisition of prized resources and commodities, trade advantages, financial and political leverage. We send our young men to war, thousands die and we spend millions to acquire and […]
By Tae-Sik
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May 19, 2024
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~3 min read
Our economy is a Walled Garden, with a lone security guard who has a gun, sets the rules, and issues vouchers that can be traded for fruits and vegetables. Security is the only entity in the Walled Garden with the power and authority to print and issue these vouchers. In the Walled Garden, agents produce […]
By Milan Ji
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June 23, 2026
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~7 min read
The Irreplaceable Currency and the Vanishing Light of Youth King or slave, the tax is paid. Time, in its indomitable nature, underlies all of life. It is the invisible backdrop upon which every event unfolds, the medium through which consciousness is experienced and existence becomes real. Every thought, every decision, every achievement, every regret, every […]
By Tae-Sik
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June 23, 2020
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~3 min read
We are taught to be winners. We are told that we can overcome anything. Set your mind to it, and you can do it. Losing feels tragic. The truth is that most of us are losers. We just don't want to acknowledge it. Life is hard. Life is, as they say, suffering. Losing is the […]
By Tae-Sik
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May 28, 2024
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~5 min read
Question: When it comes to the U.S. Treasury selling bonds, whether short-term or long-term, such as bills, do they have to coordinate at all with the Federal Reserve or are they acting completely independently and selling bonds only when and if the federal government needs money for their fiscal spending? Answer: The U.S. Treasury and […]
By Tae-Sik
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August 4, 2023
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~5 min read
The 7 Pillars of Life Seven Pillars represent the structural foundations of a substantive and meaningful human life. A careful reflection into these seven domains which support and substantiate a mindful human existence, in harmony with our nature and knowing self awareness. This is a meditation and exploration. These seven domains are foundational to a […]
By Tae-Sik
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May 28, 2024
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~10 min read
You observe an aquarium filled with an assortment of small trees. The trees on the right seem larger, healthier, and more robust compared to those on the left. In fact, the further you look to the left, the less healthy the vegetation appears. You notice a water spigot located in one corner of the aquarium […]
By Tae-Sik
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June 29, 2023
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~23 min read
Sovereign governments have the power to print their own currency. Governments authorize their Central Banks to manage their fiat currency. Central Banks have the authority to create money. Central Banks can create money that increase the money supply and money available for financial transactions. More money in the system is inflationary in nature. Inflation is […]
By Milan Ji
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December 4, 2025
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~15 min read
S&P 500 and the Microstructure of Modern Short Squeezes The E-mini S&P 500 futures contract (ES) is the undisputed primary global price-discovery vehicle for U.S. large-cap equities. On active days it routinely trades $600-900 billion notional (occasionally exceeding $1 trillion), on effective intraday leverage of 15-25X, and consistently leads both the cash S&P 500 index […]
By Milan Ji
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December 2, 2025
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~6 min read
A young man’s value is self-evident and largely unearned. He walks into a room trailing decades of future productivity, like an invisible credit line, like a shadow ready to emerge. Society reads him the way venture capitalists read a Series A deck: high upside, tolerable risk, and, above all, a gloriously long runway. His mind […]
By Milan Ji
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November 20, 2025
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~4 min read
One of the most challenging realities of aging is the shortening runway. When you’re young, time stretches out like a long, open field, you have a long runway. You can run hard, build speed, take risks, and trust that you have enough distance to get airborne. Youth gives you the margin for error: time to […]
By Tae-Sik
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February 4, 2024
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~6 min read
Ancient explorers bravely ventured into uncharted territories with rudimentary tools and an adventurous spirit. Some were fortunate to have primitive maps inherited from previous explorers, perhaps even an indigenous guide who knew the land by heart and sight. The expedition was fraught with danger and the unknown. As the journey progressed, charts were updated, redrawn, […]
By Milan Ji
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April 23, 2026
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~7 min read
Humans tell stories of empire, power, and destiny. We frame our ambitions as a search for love, security, or the service of God and nation. Yet beneath these lofty ideals lies a more practical transaction: we are biological traders, relentlessly negotiating for our next payout of dopamine, serotonin, oxytocin, and endorphins. Every goal we set […]
By Tae-Sik
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June 23, 2023
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~12 min read
Human beings have birthrights and entitlements, unlike any other living creature. In democratic and free market nations, we have private property rights, the right to vote, the right to life, the freedom of speech, the freedom of movement, the freedom to work and pursue happiness. We have freedoms and liberties given to us by "default". […]
By Milan Ji
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October 3, 2025
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~4 min read
There comes a moment in life when a person begins to sense his or her own disappearance—not the biological one, but the social one. It is the quiet vanishing of relevance. You leave a job, you sell a business, you step back from the arena of competition, and suddenly, the world looks past you as […]
By Tae-Sik
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December 10, 2020
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~3 min read
We live in a virtual world today. What we need physically are provided for by machines and a few humans. All basic human needs are fairly inexpensive and easy to acquire. We spend most of our day in front of computers, glued to our phones, talking to dots & colors on computer screens and phone […]
By Milan Ji
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November 4, 2025
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~7 min read
In the theater of a single life, where the curtains rise on boundless vitality and fall on quiet acceptance, there unfolds a profound arc shaped by the interplay of energy, time, and fortune. Youth arrives as a lavish subsidy from the universe, a non-renewable gift of effortless abundance, where every sensation is amplified, every risk […]