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Category Archives: Economics
Non-alcoholic Beers Ready To Roll?
Gotta find a good company or some crafties to bet on. A good draft frosty without the batteries will satisfy a yuuge overlooked market. The FT’s Leila Abboud and Al Gilmour put alcohol-free and low-alcohol beers to the test, tasting … Continue reading
The Most Successful “Garage Band” Companies
That we are aware of… Apple Steve Jobs and Steve Wozniak had withdrawn from Reed College and UC Berkeley respectively by 1975. Wozniak designed a video terminal that he could use to log on to the minicomputers at Call Computer. Alex Kamradt commissioned the design and sold … Continue reading
The Free Rider Problem
DTTFI – Desperately trying to fix it!
Ray Dalio says wealth inequality is a national emergency
The founder of the most successful hedge fund in the world says capitalism needs to be reformed and that the American dream is lost. – 60 Minutes Click here for the full interview
Posted in Economics, Politics, Uncategorized, Whales
Tagged 60 Minutes, Ray Dalio, Wealth Gap
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POTUS’ Morning Economic Briefing
After Trump’s comments on the Fed this morning. calling for more quantitative easing this clip from Being There, one of the greatest movies ever is now more real than fiction. The real Chauncey may soon have some solid intellectual back-up if POTUS can … Continue reading
QOTD: More On Moore
QOTD = Quote of the Day Memo to Senate: Just Say No …today the president nominates Stephen Moore to be a Fed governor. Steve is a perfectly amiable guy, but he does not have the intellectual gravitas for this important … Continue reading
Father of Great Gatsby Curve, Alan Krueger, R.I.P.
We’re shocked at the passing of economist Alan Krueger. Great economist and great guy. Way too young to leave us. He will be missed. GMM sends thoughts and prayers to his family, Lisa Simon, Benjamin, and Sydney. Love his Great … Continue reading
Thank You, Mr. Gundlach
In our Monday post, we stated, Absolutely stunning to see such large budget deficits as far as the eye can see with the actual and projected unemployment rate under 5 percent. What kind of budget deficit beast will we run … Continue reading
Posted in Economics, Food Prices, Uncategorized
Tagged Fiscal Deficits, Jeff Gundlach, QE, Ray Dalio, Recession
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BFTP: How to Become a Trillionaire And Other Thoughts
BTFP: Blast From The Past Time to repost our piece from January 2017, almost two weeks before the Trump administration took power. We hit the big topics back then which are now making headlines today: 1) Modern Monetary Theory; 2) … Continue reading
Posted in Economics, Fiscal Policy, Uncategorized
Tagged Debt, dollar, Hyperinflation, Inflation, Monetary Policy
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Jeremy Grantham: “This one [bubble]… a decline of a different nature”
Great and super fascinating interview with investing legend, Jeremy Grantham, one of the best bubble spotters out there. “I arrived in 1964, and America was a fairly equal place with fairly rapid mobility between socioeconomic classes,” Grantham told CNBC’s Wilfred … Continue reading
