Viewing profile — deafcalculus

That's what a lot of people thought in the 2000s, but going by SV salaries the automate or offshore story hasn't really played out! Then again, horses seem to have lost their job i…

You mean what happens when economy does well enough that it starts overheating which forces an exit from the liquidity trap and turns real interest rates positive? I guess we'll fi…

I'm not so sure about that. When the Fed was tapering and starting to raise rates back in 2018, the bond market flashed warning signs in December 2018 with long term rates falling …

Pension funds are required to own some percentage of their assets in govt bonds. Also, many high net worth individuals have a strong preference for safe assets like govt bonds. And…

Central bank buying govt debt or QE is basically just maturity transformation. The Fed / ECB / BoE buys 10 year debt and issues cash which is also a form of govt. debt. IMO, when i…

The present inflation suggests that we do not actually have an abundance of capital.

Ubuntu Snaps made me switch to CentOS (and now RockyLinux).