Maybe this is the crisis when I finally understand finance. I study it for 2 hours every crisis but most don’t last very long so I never learn much.
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I think a lot more people *think* they understand the economy than actually do. Either that ot I’m not giving myself enough credit for what I do grok.
I classify myself as pretty ignorant, but many who seem to grok less seem to classify themselves as knowledgeable 🤔
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You should subscribe to Matt Levine newsletter at Bloomberg and read all of his articles, past and future
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Nice thing is, at least it can translate directly into making money unlike other esoterica
This is what I hear, anyway, 3 years into the rabbit hole
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