A reading of “How to Diagnose Your Own Dutch Disease,” a look at the problems of America’s dollar trade.
The Raw, Savage Capitalism of Open-Source Protocols
Recapping the biggest stories of the week, including Joe Biden’s China plan, a market holding pattern and, of course, the strange competitive saga of SUSHI.
‘As Toppy as It Gets’: Metals, Bitcoin and Fiat’s Race to the Bottom, Feat. Tavi Costa
The Crescat Capital portfolio manager gives his take on the flashing macro warning signals and why it is an explosive moment for gold, silver and (potentially) bitcoin.
How Monetary Policy Undermined American Resilience
A legacy of artificially low interest rates is not just the death of savings, but a forced buying into the perpetual growth machine of financial asset prices.
First Mover: DeFI ‘Vampire’ SushiSwap Sucks $800M from Uniswap; BitMEX Basis Lags
SushiSwap, the “vampire mining” protocol, sucked more than $800 million from rival Uniswap in the latest DeFi mind-bender. PLUS: BitMEX futures distortions.
‘Absolute Raging Mania’: Famed Investor Druckenmiller Thinks 10% Inflation Is Possible
The Hedge Fund legend says in a new interview the Federal Reserve’s policies have created a massive asset bubble while making both inflation and deflation more likely.
Banks Are Toast but Crypto Has Lost Its Soul
In becoming a high-risk, high-yield playground for dollar investors, the cryptocurrency world sold its soul, says our columnist.
First Mover: Buying Bitcoin’s Dip, Betting Against Tether and Weighing the Jobs Report
Crypto traders appeared to be buying the dip after Thursday’s 11% plunge. ALSO: There’s a contract for that: How to hedge Tether’s credit risk.
People Aren’t Buying the ‘Great American Recovery’ Narrative
Despite the stock market returning to all-time highs, many can’t shake the feeling that all is not well in the economy.
‘It Sure Doesn’t Feel Like the Greatest Economy of All Time,’ Feat. George Gammon
The host of the rapidly growing Rebel Capitalist podcast joins to talk macro, inflation and the almighty battle for ideas.
‘It Sure Doesn’t Feel Like the Greatest Economy of All Time,’ Feat. George Gammon
The host of the rapidly growing Rebel Capitalist podcast joins to talk macro, inflation and the almighty battle for ideas.
Welcome to the Groundhog Day Economy (PS, It Sucks)
As states shutter economic activity because of preventable COVID-19 outbreaks, it’s deja vu all over again.
6 Things Jobless Claims Tell Us About the State of the Real Economy
Persistent unemployment and fears of further layoffs are the real economic counterpoint to the financial market’s unbridled enthusiasm.
Why Debt Can’t Buy More Growth, Feat. Jeff Booth
A conversation with the “Price of Tomorrow” author on the key structural challenge looming over the global economy.
Why Debt Can’t Buy More Growth, Feat. Jeff Booth
A conversation with the “Price of Tomorrow” author on the key structural challenge looming over the global economy.
Bitcoin Jumps 12% as Fed Keeps Money Flowing and US Economy Shrinks
“It’s clear that the effects on the economy are severe,” said Federal Reserve Chair Jerome Powell. “We won’t run out of money. It’s an unlimited pot.”
US Treasury Approves Square as Coronavirus Stimulus Lender
Square, the bitcoin-friendly company behind Cash App, announced Monday it is participating in the U.S. government’s emergency Paycheck Protection Program.
House Stimulus Bills Envision ‘Digital Dollar’ to Ease Coronavirus Recession
Proposed legislation meant to shore up the U.S. economy during the coronavirus pandemic includes a recommendation to create a digital dollar.
Coronavirus Hits US Stocks, Bitcoin Climbs, Haven Status Unclear
The spreading coronavirus sowed a new bout of fear among investors, triggering a stock market sell-off and flight to safe-haven assets like gold and U.S. Treasury bonds.
Korean Central Bank Study: Issuing Digital Currency Poses Financial Risk
A Bank of Korea study concluded that a central bank digital currency could adversely affect commercial banks and ultimately financial stability.