Banks aren’t magical money trees. But banks also create money more independently of Central Banks than most economists think.  So, there was a big blow up in economic circles last [ … ]

Here are some things I think I am thinking about: 1) Tesla broke some windows. The unveiling of the Tesla Cyber Truck was a smash. Literally. They installed bulletproof windows [ … ]

Here are some things I think I am thinking about today: 1) Hello, 9-1-1: I’d like to report a mass murder. Here’s a JP Morgan note that has been going [ … ]

Here are some things I think I think about Ray Dalio’s provocative piece titled “The World Has Gone Mad and The System is Broken”. So…Ray Dalio wrote a short piece [ … ]

Here are three things I think I think about the Nationals winning the World Series¹: 1) Patience. Prior to the 2019 MLB season the Nationals were 18/1 odds to win the [ … ]

Here are some things I think will make you mad to think about: 1) Did Adam Neumann deserve to make a billion dollars? I asked a controversial question on Twitter [ … ]

This is probably the most important thing you can learn about allocating your savings: No one really knows what individual firms are worth at any given time. When you recognize [ … ]

Here are some things I think I am thinking about: 1. Do you need gold if it all comes crashing down? The Dutch Central Bank stated that we would need gold [ … ]

Here are some things I think I am thinking about on this beautiful Wednesday before the Washington Nationals defeat the Los Angeles Dodgers¹: 1) Should we ban billionaires? Bernie Sanders says [ … ]