Monetary policy as a system of connected lakes (a post for John Hussman)

I always like reading fund manager John Hussman because he writes very well, but I feel like he's dug himself into a bit of an intellec...

Helicopter money, Canadian-style

Proponents of helicopter money have been getting a lot of press lately, but I don't really get what all the excitement is about. I live ...

Hyperinflation 2.0?

If you haven't heard,  protests are breaking out in Zimbabwe and unpaid civil servants are going on strike . This sort of thing hasn...