Bitcoin Doesn’t Fix DeFi, DeFi Fixes Bitcoin
Image by WorldSpectrum from Pixabay
“Bitcoin fixes this.” I cringe every time I see this popular meme. I find it worse than nails on a chalkboard. Bitcoin and other …
Read MoreCheap Fed Liquidity Forestalls Deleveraging & Entices Debt
Image by RayMark sourced from pixabay
Powell’s Real Choice: His Reputation Or Esteem—Part 3
The following is Part 3 in a series outlining my belief that central banks and fiat currency …
Read More
Powell’s Real Choice: His Reputation Or Esteem—Part 1
Image by Gerd Altmann sourced from pixabay
Banking’s History Reveals An Impossible Decision
Market participants ascribed a lot of importance to the December meeting of the Federal Open Market Committee …
Read More