👴 Bitcoin for Boomers
•Boomers don't get Bitcoin. It's not their fault that they don't get it. They've never seen anything like it.
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posts about about the economy
🧙♂️ Harry Potter & The Fourth Turning
•Last time I was at Hogwarts, I got to sneak a peek at the Sorting Hat. You know, the hat that goes on each student's head while the student is like...
🕹 The Fed Doesn't Control Interest Rates
•It was a crisp morning – June 28, 2000. The birds were chirping and the Federal Reserve governors were gathering for an FOMC meeting when Fed Chair Alan Greenspan admitted rather nonchalantly that...
📉 Why Hedge Funds are Screwed
•Hedge funds and banks use a metric called VaR (Value-at-Risk) to calculate their levels of risk. They do this on individual asset levels, portfolio levels, and entire company levels. This helps them understand how much $ they need to keep in reserves so they don't go bankrupt.
₿ The HODLer Anthem
•HODL on.
🦸♂️ The Fed to the Rescue!
•The economy is shitting a brick – to say the least. Luckily, our central bankers have come to the rescue to the tune of trillions of dollars to keep the financial system from completely shutting down.
📈 Bitcoin: Making Money Using Stock to Flow
•Bitcoin is a computer program designed to create a scarce asset that can be transferred across the internet, on the cheap, without the need for a central authority to manage transactions. That’s it.
🧏♂️ The Most Important Financial Risk You've Never Heard Of
•Whether you get your financial news from The Economist, Bloomberg, or Twitter's famous Stock Cats (@StockCats), they all seem to focus on pretty similar risks facing the financial markets.
💸 Pensions: A Crack in the Machine
•In theory, pensions are a safety blanket. They're the well-deserved pot of gold at the end of the rainbow that you get after a lifetime of work.