I have spent the best part of the last two decades picking my wits against the market. It’s an unforgiving game: I’ve seen ups and downs, and many of my rivals buried under an avalanche of hubris, passion, illogical thought and unchecked emotion.James Tyler defends the role played by traders from an Austrian perspective, pinpointing the real source of monetary disturbances - the combination of central banks and fractional-reserve lending.
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