Is money creation valuable?

The topic of Argentina and dollarization is tap this week. It will also be an open stream, where anyone is welcome to join! Do you have the courage?

Existing homeowners with 3% mortgages remain frozen in place, as sales fall to a new 28 year low  – by New Deal democrat October marked yet another month in the fully bifurcated housing market, in which most existing homeowners are frozen in place by their 3% mortgages, and buyers have turned to new homes (and in particular condos and apartments) instead. Existing home sales fell yet again, by 16,000 annualized, to 3.79 million, 45% down...

On Thanksgiving, enjoying the bounty of foods native to the New World  – by New Deal democrat Happy Thanksgiving to all readers of this old-fashioned blog. One little fact I did not know until this year is that, with just a couple of exceptions, all of the foods that we traditionally put on the table for Thanksgiving dinner all are native to the New World:, including: Turkey Cranberries Squash Cornbread Potatoes Green...

The dangers of too much control You see it all the time in studies. “We controlled for…” And then the list starts … The more things you can control for, the stronger your study is — or, at least, the stronger your study seems. Controls give the feeling of specificity, of precision. But sometimes, you can control for too much. Sometimes you end up controlling for the thing you’re trying to measure … An example is research around the gender wage gap, which...

 ???BREAKING ?: Short SellersHedge Fund short sellers sustained losses of approximately $43 billion over the past few days pic.twitter.com/k2FXpsY0cZ— Barchart (@Barchart) November 22, 2023 What Art Degree Monetarist wouldn’t be short into this:You’d have to be…

In 2022, the U.S. National Institutes of Health (NIH) placed a large bet on an experimental drug developed to limit brain damage after strokes … The gamble seemed warranted. Lab studies, most by a longtime grantee, prominent University of Southern California (USC) neuroscientist Berislav Zlokovic, had generated promising data. A small safety study of the drug, sponsored by a company Zlokovic co-founded called ZZ Biotech, was also encouraging. Because of its potential to...

With high, flat fronts are 45% more likely to kill. Carbon Upfront, Lloyd Alter.  You might think it’s time I stuck to upfront carbon, but new research from the Insurance Institute for Highway Safety (IIHS) looks specifically at how dangerous these are for pedestrians. The numbers are shocking, with pickups and SUVs like this 45% more likely to kill. Open Thread November 18 2023 – Bidenomics, Angry Bear....

Dan and I would put up holiday salutations each holiday. It was customary for both of us to do so. Many of you, we have known for a long time. We appreciate your reading Angry Bear and your comments to our posts. I hope you all spend have time for family and friends today. Time is fleeting in life. I hope this finds you all well, with friends and family, or with strangers to celebrate. My wife and I were standing in line at a nice...

Publications Reforming property tax Dampening further property speculation in the housing crisis By Alex Diner, Sam Tims 23 November 2023 Download the report In...