Loaded: Cramer says sell thing Treasury says buyback thing @Lyn Alden says train thing Bitcoin market says up thing Loading: Mainstream says “fake money” thing Fed says print thing @James Lavish says “have a good day” thing Bitcoin market says way up thing

The argument over U.S. dollar global reserve currency status is not a postliberal debate, but an expressly liberal one about tradeoffs. Liberals are ceding that ground.

The Debate over the Global Reserve Currency Status, the Triffin Dilemma, and Liberalism

Debating U.S. dollar global reserve currency status is not a postliberal debate, but an expressly liberal one about tradeoffs. Liberals are ceding ...

Hey guys. I’m still doing the thing trying to reach the rest of the public on sound money—and soon—Bitcoin as a sound money. Come share my stuff with your institutionalist friends. It might help. Slowly, then suddenly, they’ll get it. And come berate me where I’m wrong. I like that. —— Cantillon’s ghost would like a word with you about wealth inequality.

Cantillon's Ghost Would Like a Word With You About Wealth Inequality

The modern-day conversation around wealth inequality is missing a core cause of wealth concentration: the creation of new money.

“It’s quite literally the creation of new money, not old money, that’s creating and exacerbating wealth inequality.”

“You don’t need bad actors for the system to fail. Sometimes you just need people to trust expertise over evidence. […] The willingness to be checked is itself one of the best signals of trustworthiness there is.” Good article.

Trust the Experts (but Verify)...

Politicized expertise doesn't deserve trust; stop demanding that it does.

My inner millennial is out tonight. Rocking out to this in more ways than one. Cuz here it goes again.

I know exactly who needs to hear this, but if you “can’t be concerned with first order effects” of the policies you advocate for, you have no business being a think tank or in policy advocacy.

What the hell is this mempool?

Just watched Odysseus. Walked in pensive—lots to reflect on lately—and walked out more pensive. There are many allegories for Zeus’ law today, and many violate them as a matter of course. The norms, kindness, and generosity afforded to strangers. We ought to think on that in our own lives.