Other articles


  1. 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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  2. 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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  3. Crypto crash update May 2022 - 2022 May 29

    The crypto space is now in a really nasty bear market, here's an update for the end of May 2022.


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  4. Transitory inflation means permanent purchasing power reduction - 2022 January 05

    Transitory inflation means permanent purchasing power reduction


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  5. Where is money created - 2021 December 11

    Where is money actually created in the system? Hint, it's not where most people think.


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  6. Problems with Celsius - 2021 November 25

    The Celsius product was something that always annoyed me, in part because I'd only ever hear about it from rabid shills and obvious bot accounts. Support for it just screamed astroturfing. The other particularly annoying thing is that taking leverage on cryptocurrencies is not something I think is wise at all and products like this seem like this cycles Collateralized Debt Obligations, but when will they all blow up?


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  7. "Maximum" salaries - 2021 September 30

    A funny interaction I wanted to share.


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  8. What are the markets smoking? - 2021 February 24

    A conversation between some smokers I overheard at a cafe the other day got me thinking about some things. The trade in cigarettes is actually a very interesting window into a number of international trade concepts.


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  9. Why price impacts from Quantitative Easing can be delayed - 2020 December 02

    Quantitative Easing is not necessarily inflationary in the way that people think it is. A lot of misconceptions exist about this, I probably have some myself, so I'm hoping to break it down a bit. I think inflation will eventually impact prices in a manner not seen in a long time but people will be caught off guard because some long standing deflationary trends will be more obvious first before the inflation really kicks into full affect.


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