• about the economy (9)
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posts about about the economy

  • 👴 Bitcoin for Boomers

    Boomers don't get Bitcoin. It's not their fault that they don't get it. They've never seen anything like it.

  • 🧙‍♂️ Harry Potter & The Fourth Turning

    Last time I was at Hogwarts, I got to sneak a peek at the Sorting Hat. You know, the hat that goes on each student's head while the student is like...

  • 🕹 The Fed Doesn't Control Interest Rates

    It was a crisp morning – June 28, 2000. The birds were chirping and the Federal Reserve governors were gathering for an FOMC meeting when Fed Chair Alan Greenspan admitted rather nonchalantly that...

  • 📉 Why Hedge Funds are Screwed

    Hedge funds and banks use a metric called VaR (Value-at-Risk) to calculate their levels of risk. They do this on individual asset levels, portfolio levels, and entire company levels. This helps them understand how much $ they need to keep in reserves so they don't go bankrupt.

  • 🦸‍♂️ The Fed to the Rescue!

    The economy is shitting a brick – to say the least. Luckily, our central bankers have come to the rescue to the tune of trillions of dollars to keep the financial system from completely shutting down.

  • 📈 Bitcoin: Making Money Using Stock to Flow

    Bitcoin is a computer program designed to create a scarce asset that can be transferred across the internet, on the cheap, without the need for a central authority to manage transactions. That’s it.

  • 💸 Pensions: A Crack in the Machine

    In theory, pensions are a safety blanket. They're the well-deserved pot of gold at the end of the rainbow that you get after a lifetime of work.