Viewing profile — cthrow

Good timing actually - a paper came out today from the Federal Reserve Board. Supports the finding that QE1 and QE3 significantly lowered lending standards and increased risk takin…

It's all a matter of technicalities and definitions :) You are consuming housing when you pay rent/mortgage. A house is built, and then its owners consume it in "housing units", or…

I think we mostly agree, and I am pretty fed up with the situation too. It is painful to be raised in a system that seems to pride itself on freedom, social mobility, hard work, an…

If you work in embedded, start to shift your focus into IoT. Internet-connected systems are the ones producing and storing the data necessary for data science/ML to happen. Experie…

Wages haven't gone up, so while you may have shifted allocation of purchases within the CPI basket, your total spending is probably around the same as it was last year, and the yea…

While it's easy to blame CB's for the past 8 years of stagnation in developed economies, I don't think it's their fault. It's also very hard to say what exactly is the right amount…

Alternative in 2008 was to let the banking system collapse, then rebuild from scratch. Personally I believe many older/sick people would have died if central banks hadn't dropped i…

Quick summary: Overnight rate directly affects the prime rate, the rate at which commercial banks loan to their least risky customers. In the US, prime rate hovers 3% above overnig…

I went to babson, took a few classes at olin, my thesis advisor was an olin grad. Many of the olin students are brilliant, quirky, very progressive, want to give back with their hi…