Coincidentally, KS just added financial literacy to high school: https://www.cjonline.com/story/news/education/2022/11/14/kansas-high-school-graduation-requirements-are-new-for-class-of-2027/69638759007/ Won't kick in until class of 2027 at the earliest.…
On OMG, Investing 101
One other comment re student loans - a very large chunk of student loans are variable rate and directly tied…
On SoFi – Making Its Footprint Bigger Than Its Foot
r/antiwork is great, but it's kind of alienated compared to it's predecessors in previous recessions, occupy or netslaves. In one…
On Where Are the Workers?
Good post, got me to write a quick, similar but maybe more cynical take - web3 != blockchain - https://nfultz.github.io/notes/web3.html
On The Truth About Web3
Re: the bit in the DeFi section about transaction costs for ACH, FX, etc: is it really “free” to buy…
On Predictions for 2022
Good post although a little bit hard to follow. I think what you are essentially saying is that Bitcoin is…
On Bitcoin Is Not Punk Rock
“ The US government has annual revenues of $3.5bn” You’re off by a factor of 1k, it’s 3.5tr. Confused the…
On There’s Chaos Outside the Markets Too?
Sorry, comment regarding your piece about inflation showed up here.
On Tina and the V, K, and L Recovery
A few factual errors in this. The current reserve ratio for bank deposits is zero. Refer here: https://www.federalreserve.gov/monetarypolicy/reservereq.htm Of course,…
On Should We Worry About Inflation?
A few factual errors in this. The current reserve ratio for bank deposits is zero. Refer here: https://www.federalreserve.gov/monetarypolicy/reservereq.htm Of course,…
On Tina and the V, K, and L Recovery