I joined The Investor’s Podcast for a special Masterclass in Inflation. I hope you enjoy.
Category: How Things Work
How Does the Fed “Manipulate” Interest Rates?
Warning – hard money types are going to lose their minds over this article. I apologize in advance. It’s impossible to talk about interest rates without running into people who [ … ]
What is “Fractional Reserve Banking”?
The term “fractional reserve banking” is commonly used in a confusing manner in both mainstream economics and within lay conversations about economics. I hope this article will clear up some [ … ]
Everything Wrong with the “Money Printer Go Brrrr” Meme
You’ve probably seen some version of the following meme in the last few years. In case you haven’t it’s generally used to infer that Jerome Powell is printing money and [ … ]
The Scarcity of Money Myth
I’m here to ruin some long running narratives. I apologize in advance. Money is not scarce. It never has been and it never will be. More importantly, scarcity of money [ … ]
Understanding Government Liabilities
I keep running into a strange issue in macroeconomic discussions – no one seems to agree on how we should account for government liabilities. For instance, Gold standard economists believe [ … ]
Why Stocks and Bonds are the Core of any Portfolio
“Stocks are overvalued and risky. Bonds yield nothing and expose you to interest rate risk. So you need to invest in alternative assets.” – Pretty Much Everyone I am a [ … ]
My View On: Short Selling
The recent craziness in Gamestop has resulted in a lot of hot takes on short selling. I have the hottest takes, of course, so let’s dive into this a bit [ … ]
Government Bond Markets Aren’t “Free” Markets
This is one of those posts that is operational in nature, but will sound political to some people. Before you send me a mean email please try not to politicize [ … ]