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Day: January 21, 2021

Totally Inexcusable, Wholly Predictable

Totally Inexcusable, Wholly Predictable

January 21, 2021January 25, 20217 min read

“Let me be clear: Things are going to get worse before they get better,” Joe Biden said Thursday afternoon, in the course of outlining a

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5 Comments on Totally Inexcusable, Wholly Predictable
Bitcoin (Allegedly) Suffers Glitch In The Matrix

Bitcoin (Allegedly) Suffers Glitch In The Matrix

January 21, 2021January 25, 20213 min read

Earlier this month, Bitcoin collapsed by more than 20% in the space of 48 hours, underscoring (again) that it’s not a reliable store of value.

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15 Comments on Bitcoin (Allegedly) Suffers Glitch In The Matrix
The Houses Are Fine (Flaming Marshmallow)

The Houses Are Fine (Flaming Marshmallow)

January 21, 2021January 21, 20212 min read

It wasn’t all bad news on the economic front in the US Thursday although, as noted somewhat abrasively here, the idea that 900,000 initial jobless

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2 Comments on The Houses Are Fine (Flaming Marshmallow)
Here’s An Idea: Put People To Work & Print Money To Pay Them

Here’s An Idea: Put People To Work & Print Money To Pay Them

January 21, 2021January 26, 20214 min read

900,000 Americans filed for unemployment benefits last week. Believe it or not, that was actually a beat versus consensus, which was looking for 935,000. You’ll

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15 Comments on Here’s An Idea: Put People To Work & Print Money To Pay Them
ECB Confronts ‘Revelation’ Of Spread Targeting ‘Policy’ Amid Pandemic Response

ECB Confronts ‘Revelation’ Of Spread Targeting ‘Policy’ Amid Pandemic Response

January 21, 2021January 21, 20217 min read

The ECB came into its first meeting of 2021 under the shadow of renewed lockdowns across Europe’s largest economies. An aggressive second (or is this

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5 Comments on ECB Confronts ‘Revelation’ Of Spread Targeting ‘Policy’ Amid Pandemic Response
The Narrative

The Narrative

January 21, 2021January 22, 20215 min read

Global stocks hit new highs and the dollar dropped a fourth day as investors leaned into the narrative. Joe Biden’s first full day in office

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2 Comments on The Narrative

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Month’s Best

You Are Not Capital. You Just Think You Are

April 8, 2021April 9, 20217 min read

What Does It Mean To Starve?

April 3, 2021April 11, 20217 min read

If Enough People Read This, Hyperinflation Is Coming Next Week

March 27, 2021March 28, 20219 min read

Bar Hopping & Bar Hoping

March 6, 2021March 10, 202110 min read

Notes From Disgraceland

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February 25, 2021February 25, 202112 min read

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December 29, 2020February 8, 202113 min read

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Month’s Best

You Are Not Capital. You Just Think You Are

April 8, 2021April 9, 20217 min read
It's becoming apparent that between the general public's apathy, aversion to what I'll call "scare"…

What Does It Mean To Starve?

April 3, 2021April 11, 20217 min read
Back in February, I removed a reader comment from an article called "The Children Are…

If Enough People Read This, Hyperinflation Is Coming Next Week

March 27, 2021March 28, 20219 min read
Pernicious fictions You can feel the ground shifting. The pandemic forced the issue. Around this…

Bar Hopping & Bar Hoping

March 6, 2021March 10, 202110 min read
My heart may be "as cold as hockey gloves" (to quote one of the most…

The Wealth Tax And Our Shared Insanity

March 2, 2021March 3, 202114 min read
I'd describe my life as a largely stress-free endeavor. Attaining serenity wasn't easy. At first,…

Stimulus And The Tyranny Of ‘Practicality’

February 27, 2021March 5, 20218 min read
The House passed Joe Biden's $1.9 trillion virus relief bill early Saturday. It was not…

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