Everyone on Twitter is convinced that another round of QE is coming. The bull case is magical thinking conditioned by 14 years of monetary moral hazard

Everyone on Twitter is convinced that another round of QE is coming.. fixing inflation with more inflation.. nominal yields will skyrocket with interest rates.. genius — Alessio (@AlessioTMAD) July 7, 2022 The bull case is magical thinking conditioned by 14 …

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Magical Thinking About Green Energy

by Charles Hugh-Smith The incentives must change from “waste is growth” to hyper-efficiency, conservation, right to repair and manufactured objects engineered to last a generation or longer and be recyclable at scale. Humans like novelty but don’t like change. It’s …

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