The key to understanding the COVID-19 recession was in understanding that it was an exogenous shock. This made it quite different from your standard recession in the sense that a [ … ]
Category: Most Recent Stories
Why Pump & Dumps Are Dangerous
On Sunday evening, before GameStop had fallen 85% from its peak, I said: My guess is GME will collapse in the coming months or year when this charade passes and [ … ]
Three Things I Think I Think – YOLO Gambling is Reckless
Here are some things I think I am thinking about. Actually, they’re all basically the same thing and they’re all GameStop, of course. But whatever. 1) The Short Sellers Did [ … ]
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 [ … ]
Three Things I Think I Think – GAMESTONK!
I’d love to talk about the mechanics of Central Banking or index funds, but the only thing that matters in financial markets right now is Gamestop. So…we’re going to talk [ … ]
Three Things I Think I Think – Civil WHAT?
Here are some things I think I am thinking about: 1) There’s Gonna be a Civil WHAT? Here’s an interesting tweet from Ray Dalio: I really like Ray Dalio. His [ … ]
Rational Reminder Podcast – Understanding the Modern Monetary System
I recorded this podcast a few weeks ago with Cam Passmore and Ben Felix on the Rational Reminder show. Ben had read some of my work over the years and [ … ]
2021 World Podcast Tour Begins!
Well, it looks like it’s going to be another year of Zoom calls so what better way to start it off than a podcast recorded on a Zoom call. \ [ … ]
Is All of Finance Just a Big Network Effect?
In college I was a registered Republican. After I graduated I registered as a Democrat. And a few years ago I registered as an Independent. I guess I just couldn’t [ … ]