Hi, I'm the author. > He doesn't have an investment strategy, and probably never heard of portfolio re-balancing. This is perhaps a reasonable inference to draw based only on the information in the article, but it is…
Author here. I agree that past inflation has been minimal; what I was referring to was the expectation of future inflation after the pandemic has materially ended. It would have been rational (or so my thinking went at…
Author here; I agree this is a valid objection and that one should be very cautious when extrapolating cause-effect relationships. Systems like these also often have multiple embedded feedback loops in them, which can…
Author here; this is the correct answer. The larger number refers to all banks. Deltec is known to be a domestic bank, so we can use the smaller number to get tighter uncertainty bounds on its currency flows.
Author here. I really appreciate your kind words about the post - thank you! I'm also broadly in agreement with your conclusions as to what this means for a crypto trader or holder. I've zeroed my net exposure to this…
Hi, I'm the author. > Money isn't created primarily because governments print it; whenever a bank creates a loan money is created, and when they call in loans money disappears. Yes this is right, and I am in fact aware…
Hi, I'm the author. Using a throwaway for all the obvious reasons. I'll try to dive into this thread over the next few hours to answer any questions folks may have about this. Please feel free to ask.
Hi, I'm the author. > He doesn't have an investment strategy, and probably never heard of portfolio re-balancing. This is perhaps a reasonable inference to draw based only on the information in the article, but it is…
Author here. I agree that past inflation has been minimal; what I was referring to was the expectation of future inflation after the pandemic has materially ended. It would have been rational (or so my thinking went at…
Author here; I agree this is a valid objection and that one should be very cautious when extrapolating cause-effect relationships. Systems like these also often have multiple embedded feedback loops in them, which can…
Author here; this is the correct answer. The larger number refers to all banks. Deltec is known to be a domestic bank, so we can use the smaller number to get tighter uncertainty bounds on its currency flows.
Author here. I really appreciate your kind words about the post - thank you! I'm also broadly in agreement with your conclusions as to what this means for a crypto trader or holder. I've zeroed my net exposure to this…
Hi, I'm the author. > Money isn't created primarily because governments print it; whenever a bank creates a loan money is created, and when they call in loans money disappears. Yes this is right, and I am in fact aware…
Hi, I'm the author. Using a throwaway for all the obvious reasons. I'll try to dive into this thread over the next few hours to answer any questions folks may have about this. Please feel free to ask.