With real yeilds on T-Bonds negative wouldn't we...
The government is a brokerage firm for wealth transfers– A.B. Babcock
More things should be bourbon flavored
From the syllabus: Traditionally, this has meant a critique of antitrust decisions and cases from the standpoint of economic theory. In this approach the antitrust decision maker is assumed to have the public interest as his goal; if he knew better, he would do better. In this course we shall invoke the first postulate of public choice that all individuals seek their self-interest, and apply this...
Vodka Nation →
Vodka is the chicken tender of spirits.
DismalTrader: 5-year JGB auction: Not bad but... →
dismaltrader: The last two charts show a comparison of JGB and UST yield curves between August 2010 and 2011. While the UST curve today is more bull-flattening than immediately after the last year’s Jackson Hole meeting, the JGB curve is more bear-steepening. I’m more interested in this great example of the change in US Treasury bonds. We could hardly say our economy has had any...
Can’t sleep: Going back to school soon for final year of undergrad education. Drafting the 12 month plan. New Plan: Get Money. Get Paid. Location, occupation, and time of tribulation tba.
Chris Kelly: Things I'm Thinking Of Doing At My 10... →
Things I’m Thinking Of Doing At My 10 Year High School Reunion My high school reunion was announced on Facebook two days ago, and since then, there have been almost fifty comments on the post with people fighting, putting each other down and blaming one another for the manner in which it was planned. Needless to say, I have decided I am definitely attending because I always enjoy watching...