Sharing this excellent review of current macroeconomic factors, mechanics of banking, monetary/fiscal policy, credit/money creation. Nice work Clare Redlinger for eliciting such deep & clear conversation from Alf; a rare balanced & cogent perspective. youtube.com/watch?v=JSvqkL…

Twitter is dead. Long live 𝕏.

8/8 I cannot contain my excitement. It feels like January of 2020 with a huge wave coming that no one realizes yet, but in a much better way. What a time to be alive!! Check out the original paper: arxiv.org/abs/2307.12008

good summary about the floaty rock drama so far “if you’re not following LK99, you’re missing out on the most fun thing happening or the internet now. Feels like the old internet.” reddit.com/r/redscarepod/…

The #1 anagram for "Soft Landing" is "Flint Gonads."

Bottom Line on BRK. Berkshire’s governance step formalizes what investors have expected since 2021: Greg Abel will run the company and Warren Buffett will chair the board. The economic engine that produced outlier results—profitable insurance float funding concentrated,

Things are happening in Japan. Takaichi supports JGB issuance where necessary to fund "crisis management investment" in AI, Semiconductors, & Fusion Energy, accelerating nuclear restarts and developing next-gen reactors to achieve energy self-sufficiency.

Signs of Dollar Devaluation Grocery stores now use electronic shelf labels to change prices in real time or multiple times per day. Dollar Tree is raising the cap to $7 - expanding demographic. Staples: food, household supplies, and personal care show the earliest signs of price