the_giraffe

6 ms·

1. 1.▲
   by the_giraffe 6y ago

   The author covered the arguments for why QE is not inflationary well. However, they failed to address how government spending and fiscal stimulus (which is vastly different from QE) is not inflationary. I agree that QE causes asset price i
2. 2.▲
   by the_giraffe 6y ago

   Yeah the greater fool theory doesn't sound too appealing to me.
3. 3.▲
   by the_giraffe 6y ago

   CNBC and Grayscale Bitcoin Trust
4. 4.▲
   by the_giraffe 6y ago

   Call me old fashioned but I feel like bitcoin is similar to fiat currencies simply because it's not backed by anything. It has invented scarcity. If I just created giraffe coin and there were only 5 coins it doesn't mean it has an
5. 5.▲
   by the_giraffe 6y ago

   Did index funds exist 100 years ago? I'm pretty sure passive investing is a more recent phenomenon.