Jacky is an Assistant Professor of Computer Science at Reykjavik University in Iceland. Formerly an X.25 global network troubleshooter, and then an HFT developer, she now teaches Computer Networks and Computer Security, and makes a hobby of really annoying economists.
Based on the world´s first, and as far as we know still the only accurate double entry bookkeeping based simulation of the banking system, we will talk through how fractional reserve banking really works from a network perspective, and how it has influenced both economic activity and economic theory in many unappreciated ways.
If you want to be able to predict what the central banks will do next, and how to make sensible financial decisions despite this, this is the talk to you. Inflation is back, and it´s still the same. We´ll also talk about ways to contribute to the development of economic models and simulations that are based on real economies, and not on a 30 year practice of fitting a very short mathematical ruler, to a very long curve.