Topic: Financial Markets

Cryptocurrency, Economic Education, Financial Markets

On Price and Output Volatility: How Bad is Bitcoin’s Flaw?

– December 20, 2021

“The working arrangements of a new generation of freelancing nomads are keen on and capable of handling the discrepancies between many currencies’ relative purchasing power, crypto or old-school.” ~ Joakim Book

Authoritarianism, Books, Financial Markets, Government

The Tragic and Needless Destruction of Raj Rajaratnam, Price-Giver Extraordinaire

– December 20, 2021

“For doing right Raj Rajaratnam spent time in prison. He should never have been charged. Please read this essential book to see why, and please tell friends about it. The lunacy surrounding markets and information must stop.” ~ John Tamny

Crisis, Economic Education, Financial Markets, Government

Covid-19 Economic Zombification

– December 15, 2021

“Markets are now extremely complacent. Zombie companies, which were already a problem in 2019, have not been killed off; indeed they have multiplied. The zombie apocalypse could be closer than we imagine.” ~ Daniel Fernández

Crisis, Economic Education, Financial Markets, Government

Stuck in Neutral: Trucking And the Pandemic

– December 14, 2021

“Omicron is upon us and a Pi variant is coming, heedless of science or superstition. It would be best for the US, Canada, and the rest of the world to face the coming waves with robust, unfettered trade in operation.” ~ Peter C. Earle

Financial Markets, Fiscal Policy, Government

The New Status Quo for Public Finance

– December 13, 2021

“After the 2008 financial crisis, the US never returned to pre-crisis growth levels. My expectation is that unless private investors find a means of avoiding this subsidization of federal borrowing, we never will.” ~ James L. Caton

Economic Education, Financial Markets, Free Markets

What Does Kyle Rittenhouse’s Legal Campaign Tell Us about Access to Crowdfunding?

– December 9, 2021

“For now, Visa and MasterCard haven’t made any discernible efforts to limit crowdfunding accessibility based on concerns over their brand. But if they were to start, that would be a concerning development.” ~ J.P. Koning

Economic Education, Financial Markets, Government, Regulation

Financial Regulators Ignore the Costs of Regulation

– December 8, 2021

“According to the main evidence cited by the bank regulators themselves, the NSFR will create a net cost to the U.S. financial system, not a net benefit.” ~ Thomas L. Hogan

Cryptocurrency, Financial Markets, Government, Regulation

Stablecoin Regulation

– December 7, 2021

“All the risks that accompany the danger of overregulation like rent-seeking and regulatory capture is magnified in the event of regulatory failure.” ~ Donovan Choy & Joakim Book

Central Banking, Financial Markets, Inflation, Monetary Policy

Despite Fed Asset Purchases, Lending Remains Depressed

– December 2, 2021

“The Fed’s recent asset purchases appear to have significantly expanded the money supply. But given the small changes in bank lending, it is not clear what their overall effects will be on inflation and the economy.” ~ Thomas L. Hogan

Books, Financial Markets, History

The Long Cycles in Markets and Political Order

– November 30, 2021

“I found Dalio’s thesis much more persuasive than I had anticipated: some historical patterns are real, wave-like, and operate over long horizons. With skill, data, and humility, we can uncover the likely prospects for our own times.” ~ Joakim Book

Crisis, Financial Markets, Government, International

The Chinese Financial Sector: On the Brink of Death

– November 30, 2021

“The Chinese banking and real estate sectors are on the brink of death. The government will do everything possible to reorganize the former and to save the latter, but it is very possible that it will be incapable of succeeding.” ~ Daniel Fernández

Crisis, Financial Markets, International

Will Evergrande Go Bankrupt?

– November 23, 2021

“The chances of Evergrande’s survival without public aid or without the massive injection of cash from some unsuspecting investor are therefore nil.” ~ Daniel Fernández