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Bitcoin is Unbeatable

Bitcoin is Unbeatable

Bitcoin and cryptocurrencies are headline news again. DeFi—Decentralized Finance—tokens like LINK and others have exploded in recent weeks, capturing speculators’ imaginations. But more importantly, given the day-to-day fragility of the capital markets and the...

Why I Write

Why I Write

I was born in Iowa, raised in the mountains of Virginia, and attended Virginia Tech sporadically from 1974 to 1976 before dropping out to try my luck writing. At some point in the late 1970s, individual liberty became my highest political value and I resolved to do...

The Fed and the Road to QTM

The Fed and the Road to QTM

Milton Friedman famously said, “Inflation was always and everywhere a monetary phenomenon.” But Friedman didn’t live through the QE years here in the U.S. and blatantly ignored the twenty plus years of Japanese deflation despite QE and insane levels of money printing...

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