We're In the Midst of Trucking Bloodbath 2.0
CFTC Chair Rostin Behnam on the Fight to Regulate Crypto
The CME's Terry Duffy on the Big Risks He's Seeing Now
Introducing - Spellcaster: The Fall of Sam Bankman-Fried
Ben Smith on the End of an Era for Digital Media
The Fed Hiked Rates Rapidly and Housing Is as Broken as Ever
Inside the Battle for Chips That Will Power Artificial Intelligence
Care Work in the United States Has Been Broken for Years
The White Oak Shortage That Could Ruin the Bourbon Industry
Why the Desire to Move Away From the Dollar Is Getting Real
Here Are the Signs of a Slow-Moving Credit Crunch
Pot Lots Part 3: Righting the Wrongs of the Past
Pot Lots Part 2: The Business of Big Cannabis
Pot Lots Part 1: Birth of a Marijuana Market
So Much of the World Economy Has Been Going in Reverse
Eight Months In, What Is Happening With Biden's CHIPS Act?
Biden had two good options to avoid this humiliating subservience to the GQP. He could have taken the advice of Lawrence Tribe, Harvard Law professor and expert on Constitutional law, and invoked the 4th clause of the 14th Amendment which states that the US will pay its debts no matter what. Or he could have followed the advice of Paul Krugman, a Nobel laureate in Economics, and asked Sec. Yellen to mint the Trillion Dollar Coin and deposit it in the US Treasury. Instead, he went with the timid Obama game plan and gave in to the despicable bullies who represent the billionaire thugs who run the country. He is too old, too weak, too unimaginative, and too dimwitted to be POTUS. Bernie would never have caved like this. If he runs again, he will lose to the moronic MAGA grifter. It makes me feel so hopeless to see this shill who allowed CT to get onto the Supreme Court of Injustice make a mockery of the rule of law and the Democrats who voted for him in 2020.
So why does Powell get a pass? He raised interest rates too fast for banks holding 10 year treasuries to adjust to in time. And why is 2% inflation the magic number? And what if many economists are right that the causes of inflation would naturally wind down over time? Like govt hand outs during COVID, worker shortages due to COVID, supply chain issues like China's COVID lockdowns, and gas and food inflation due to the war in Ukraine.
Fantastic interview, thank you!
Points of interest in the pod: The difference between types of stablecoin — 07:36 Terra as a perpetual motion machine or Rube Goldberg — 09:32 Where do Terra’s yields come from? — 11:21 How the Terra/Luna arbitrage mechanism works — 13:11 Why did Terra have Bitcoin reserves? — 18:46 How did Terra collapse? What was the trigger? — 25:17 The role of the 3Pool/4Pool migration — 29:22 Galois Capital’s short position in Terra — 35:33 On reflexivity and Terra/Luna as the ultimate momentum asset — 40:50 On financial contagion in crypto — 44:03 What happens to other stablecoins after Terra? — 45:24 Why did big investors get involved with Terra? — 48:51 Terra and hyperinlation of Luna — 53:53
“Didn’t say anything bad”…. Gets beeped twice
Amplitude dropping 60% one day 🤣
Great episode guys. Loved it.
@4/1lms /m,e9㎝@$ @gmail.com/ @n.,
Almost 10% of what he says is just 'like'.
well worth listening to for current issies in supply chain logistics
who's typing while the guest is speaking? joe? tracey?
unless you're gonna comment on your own boss and "inequity", bloomberg, this is trash