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EBDITA and accounting games - 2023 February 18
Accounting games seem to have become more common in the markets lately. People far wiser than me have been commenting on this from some time now, I was reminded of this when I came across a video from a Berkshire Hathaway public meeting that was filmed in 2003 that was talking about the impact of EBDITA on company reports.
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Central bank interventions and price discovery - 2023 February 18
Do we really have free markets if there's ongoing large interventions being made into those markets even if it's under the guise of monetary policy?
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What makes metals valuable - 2023 February 15
What makes metals valuable to us?
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Looking back at the RPA hype cycle - 2022 December 26
Looking back at the RPA hype cycle at the end of 2023
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FTX and madoff, simlarities and differences - 2022 December 03
The FTX crypto exchange collapse has some interesting things in common with the Bernie Madoff ponzi scheme but some very notable differences as well.
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The fall of FTX - 2022 November 13
The FTX crypto exchange has collapsed in spectacular fashion.
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Demand destruction anecdotes - 2022 November 09
Lately I've run across a few amazing examples of demand destruction that I couldn't help but write about.
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The 2006 debasement of NZ coinage - 2022 November 07
In 2006 NZ demonetized the 5c piece and entirely debased its 10, 20 and 50 cent coins.
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Expensive lettuce and cheap sushi - 2022 September 10
Australia had a lettuce shortage, perhaps the strongest manifestation so far of how food supplies are changing and how slack capacity has been removed from systems. We may be seeing the start of a new era with lower availability of variety in foods as compared to before.
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The myth of the unbalanced government budget - 2022 May 30
There's a pervasive misunderstanding that people have where they think it's possible for a government budget to be unbalanced. In some very real senses this actually isn't a concept that makes any sense and I explain why in this article.
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