Economy

Feb
12
Let’s model the American economy. How about using the Tacoma Narrows Bridge?

Let’s model the American economy. How about using the Tacoma Narrows Bridge?

Here we look at a real world of an economy under stress. This is not an economic model, but a bridge.
2 min read
Oct
15
Living in the shadow of the Magic Money Tree - A tree with deep roots

Living in the shadow of the Magic Money Tree - A tree with deep roots

Efforts to control inflation to 2% are doomed by recurring bouts of MMT and our fiat currency
4 min read
Oct
07
The Fed can’t cure the chaos

The Fed can’t cure the chaos

The economic crises of the last decade made linear thinking about the economy very unhelpful. But our previous planning failures
3 min read
Aug
05
Monkeypox is no friend of the Fed

Monkeypox is no friend of the Fed

Why Monkeypox? Why now? Monkeypox is now in eighty countries [https://www.cdc.gov/poxvirus/monkeypox/response/2022/world-map.html]
3 min read
Jul
01
Willie Sutton likes crypto

Willie Sutton likes crypto

We've seen that pools of wealth either physical or digital need protection because interested parties are always on the lookout for them. Crypto has seen its share of Willie Suttons.
3 min read
Jun
24
The liquidity quake in crypto

The liquidity quake in crypto

A one-two punch in liquidity is hitting the economy and the prospect of a recession is surging as a result.
3 min read
Jun
24
As Seen on Forbes: 15 Ways To Protect And Build Business Credit In A Financial Crisis

As Seen on Forbes: 15 Ways To Protect And Build Business Credit In A Financial Crisis

Businesses of all sizes are suddenly facing the prospects of a recession and perhaps even worse over the next year
Jun
17
Now for the economic yoyo

Now for the economic yoyo

The Federal Reserve Bank just raised Fed Funds rates 75 basis points after a shock realization that the economy was
3 min read
Jun
03
Crypto cannot help the Fed

Crypto cannot help the Fed

The cryptocurrency market has received a withering barrage of criticism during the last month, especially given the failure of some
3 min read
May
13
Yes, Terra was very like Lehman Brothers

Yes, Terra was very like Lehman Brothers

The failure of Terra (UST), the stablecoin, was very akin to the Lehman Brothers [https://www.bloomberg.com/news/newsletters/
3 min read