September 25, 2021 – Heisenberg Report

Congrats. You’re All Rich

September 25, 2021September 29, 20213 min read

I’m always hesitant to document increases in US household net worth. In simple terms, the figures don’t represent what they purport to represent. Not really,

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Meanwhile, In Turkey

September 25, 2021September 26, 20217 min read

Recep Tayyip Erdogan is irritated. At grocery stores. “Markets are turning upside down with products collected by these five market chains,” Erdogan told reporters this

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Ethereum Fever Dream Crippled Our Economy. It’s Time We Wake Up

May 13, 2022May 25, 20228 min read

On August 11, 2021, a USA Today article featured the headline, "Millennials are quitting jobs…

We Built A ‘Doomsday Momentum Machine.’ Now It’s Blowing Up

May 6, 2022May 8, 20226 min read

During the vicious, tech-led selloff that wiped away a fleeting, post-FOMC bounce in US equities,…

With Twitter Deal, Musk Vies For Surveillance Capitalist Crown

April 25, 2022May 2, 20226 min read

Surveillance capitalism operates through unprecedented asymmetries in knowledge and the power that accrues to knowledge.…

Russia, The Dollar And The Real Realpolitik

April 5, 2022April 19, 20227 min read

Janet Yellen may force Russia and, in some cases, the country's corporate sector, into default.…

Three Months In Web3: What I Learned

March 26, 2022April 17, 202211 min read

"There's something apocalyptic about it," someone told me this week. We weren't talking about the…

The Petroyuan And ApeCoin: Fables Of The Dollar Deconstruction

March 19, 2022April 6, 202212 min read

A few days ago, market participants were treated to a new version of an old…