December 5, 2021 – Heisenberg Report

Nothing Is More Political Than Inflation

December 5, 2021December 6, 20215 min read

Towards the end of “Bad Optics,” I spoke briefly about the political ramifications of persistently high inflation. When Joe Biden renominated Jerome Powell last month,

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Bad Optics

December 5, 2021December 9, 20215 min read

Traders will attempt to find their way back from “dark places” in the new week. And I don’t mean waking up in the Hyatt Grand

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

May 13, 2022May 17, 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…