What do rising interest rates and central bank liquidity mean to the average Joe? I ask this question because I am an average Joe, but I have a mind that is not distracted by the things that are meant to distract me. Enough of the same thing and you can recognize a...
Is peak insanity rolling over, or do we have much farther to go? Will rising interest rates pop the bubble and bullishness on deflationary assets (like government debt) finally turn the tide? The IMF coins the most dangerous bank on the planet as Deutsche Bank. In...
Something that stuck with me all these years is the 2008 financial crisis. Like anyone, it boggles my mind intellectually and theoretically. During that time, I was a naive college student searching for answers to the universe. Fortunately, reality set in: there would...
The London Interbank Offered Rate is one of the most important metrics for determining short-term interest rates around the world. Americans don’t know LIBOR the way other countries do since we pay attention to the federal funds rate offered by the Federal...
Traditional economics show the correlation between the firm and the worker. The worker provides labor to the firm in return for a wage. Wages are provided by the firm via the profit made on the products that the worker helps produce. Workers save their wages and firms...