“NY Fed President Williams says U.S. is not ‘anywhere near’ its limits to run up debt”. Was it really a surprise that NY Fed President Williams said that the U.S. isn’t not anywhere its limit to run up debt? According my Twitter feed not. Reactions on this differenced somewhere between laughing hard, sarcasm and ‘it … Continue reading The Great Debt Excess
Month: May 2020
Thoughts on growing into an effective trader
When I was a child I remember listing often to a song by Louis Amstrong “It’s a wonderful world”, one of my mom’s a favorite songs. Is the world wonderful and rosy as in this song or should we adjust that optimistic, rosy world view? Let me start by staying that the world is wonderful … Continue reading Thoughts on growing into an effective trader
The Dollar deflation myth unraveled; a big picture view
For years I’ve been listening to deflationists, a narrative that is especially popular under dollar bulls. The deflation narrative makes little to no sense to me. In this blog I’ll explain why deflationist Dollar bulls could be wrong. Deflationists do think that there will be a 1929 - 1933 type of deflationary crisis again some … Continue reading The Dollar deflation myth unraveled; a big picture view
How government really works
My real education started were it starts probably for everyone who leaves college or university; at the job. At he job I learned that it was hard, if not impossible to act as an independent scientific researcher doing a job in a political context. In the real world, science is not the centre of the … Continue reading How government really works