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What If ‘Normal’ Isn’t What We Think It Is?
The past two years prompted quite a bit of soul-searching for humanity, and particularly for…
300 Million Hamsters
Has the Fed regained its credibility as a check on inflation? That's the question. Answers…
Pozsar: Powell Would Risk US Depression To Slay Inflation
Zoltan Pozsar has a subtle suggestion for those attempting to forecast inflation: Consider the possibility…
Wages, Prices And A System In Crisis
Alarmist "wage-price spiral" rhetoric is a fixture of the economic news cycle in 2022. Scarcely…
The Sad, Sad Story Of $3 Trillion In Pandemic Savings
You've heard it again and again: Major developed economies, including and especially the world's largest,…
Is Decentralized Finance Imploding?
"You can't issue unlicensed securities and use your friends as the underwriters," I told someone…