Beanie Babies, Bitcoin, Tulip Panics, and Goldrushes

The thing to understand about most humans: they are LIFO (last-in, first-out) buffers. That means the last thing that the mind stores, it repeats in response to any new stimulus unless contradicted. And it only recognizes contradiction when a massive failure occurs, like a plane crash, economic depression, world war, or mass starvation. Otherwise, the […]
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