Damus

Recent Notes

Dr. Jeff · 101w
What if, thanks to the Federal Reserve, credit events have essentially been replaced by debasement events? Can major, traditional credit events even occur in the age of central bank manipulation? (H...
Quinton Figueroa profile picture
Agreed. It appears like since 2008 we've entered the new era of finance where nothing fails and number always go up.

There is no problem that can't be solved through debasement and no amount that can't be printed. A societal net decrease in wealth has been chosen as favorable to an ethical, rational system of free markets.

Agree with the thesis. And will be interesting to watch it play out.
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