[ad_1] “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.” […]
Monthly Archives: April 2024
123 posts
[ad_1] 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 […]
[ad_1] 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 […]
[ad_1] 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. […]
[ad_1] Editor’s Note: This is the second in a series of articles that challenge the conventional wisdom that stocks always outperform bonds over the long term and that a negative correlation between bonds and stocks leads to effective diversification. In it, Edward McQuarrie draws from his research analyzing US stock and […]
[ad_1] The next Stateless Ethereum research call is coming up in less than a week! The telegram chat now has hundreds of messages to catch up on, and only a small portion of the topics discussed have made it into the ethresearch forums. This post is just a quick primer… […]
[ad_1] “Shortly after October 6, 1979, [US Federal Reserve chair Paul Volcker] met with some chief executives of medium-sized firms. . . . One CEO announced that he had recently signed a three-year labor contract with annual wage increases of 13 percent — and was happy with the result. Only […]
[ad_1] February 26th tl;dc (too long, didn’t call) Disclaimer: This is a digest of the topics discussed in the recurring Eth1.x research call, and doesn’t represent finalized plans or commitments to network upgrades. The main topics of this call were: The rough plan for the 1.x research summit in Paris […]
[ad_1] What can we do for our clients that they can’t do on their own? What can make us better at managing their money than they are? These aren’t always easy questions to answer as a financial adviser. But modesty aside, we need to be able to explain to potential […]
[ad_1] What Devcon is all about Now that we’re well into the new year, our Devcon team wanted to share some of our thinking on what’s to come for Devcon this year. With new goals driving this year’s effort, we’ve learned from successes and challenges in recent years, and we’ll […]
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