“The current inflation episode is just the kind of event that the fiscal theory of the price level can easily describe. It’s simple. The US government printed up about $3 trillion of money and sent people checks. It borrowed an additional $2 trillion of money and sent people more checks.” — […]
Daily Archives: April 25, 2024
4 posts
Keep it coming tldr; Runtime Verification audit and verification of deposit contract Runtime Verification recently completed their audit and formal verification of the eth2 deposit contract bytecode. This is a significant milestone bringing us closer to the eth2 Phase 0 mainnet. Now that this work is complete, I ask for […]
The Price of Time: Interest, Capitalism, and the Curse of Easy Money. 2022. Edward Chancellor. Atlantic Monthly Press. Few areas of macroeconomic policy are as important and generate as much heat as monetary policy. Were a freshman economics major to inquire about the subject, I would tell them to start […]
Special thanks to Sacha Yves Saint-Leger & Danny Ryan for review. In this installment, we’ll discuss the consensus mechanisms behind eth2. Eth2 has a novel approach to deciding which block is the head of the chain, along with which blocks are and are not a part of the chain. By […]
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