Great news about American wealth.
“In other words, a rising tide is lifting all boats. I know it can be tough to believe that, with all the doom and gloom you see in the media, but the numbers speak for themselves. And just so you […]
“In other words, a rising tide is lifting all boats. I know it can be tough to believe that, with all the doom and gloom you see in the media, but the numbers speak for themselves. And just so you […]
Unrelated to this link, but related to the topic: I asked chatGPT to write a short story about a future where police officers prompt you for a tip when issuing a ticket. ~ learn more
“In the mid-2000s, many startups invested their excess cash reserves in instruments called Auction Rate Securities. ARS produced a steady stream of interest payments, like savings accounts, with a higher return.” It seemed great, until it wasn’t anymore. | learn more
“50 of technology’s top thinkers weigh in on the year ahead.” Loads of interesting ideas to consider here: inflation, the war for talent, decarbonization, and more! | learn more
“If inflation is a government-caused problem, we can’t necessarily rely on government statistics like the CPI to diagnose it or remediate it. Indeed, in places with high inflation, censorship and denial is the rule rather than the exception.” | learn more
Inflation is happening all around us, just not where most folks are looking (yet). Ezra from Starting Line is looking for founders “building products that help normal people hedge future inflation.” | learn more
When bad news hits, risk assets are sold off in a hurry. Then, investors and traders reevaluate and start thinking more critically about what to buy. Bitcoin sold off along with everything else, and now it’s starting to recover. Meanwhile, […]
Some years ago, the city traded 75 years of parking meter revenue for $1 billion in cash that they blew in year one. I just learned that Chicago also trues up every year for things like lost revenue from street […]