Articles

CBDCs - utopia, dystopia, or both?

• Martin Enlund
• 11/17/22

“What is going on!?” my three-year-old exlaimed at the breakfast table the other day. And it’s indeed a valid question. Energy and food prices have been skyrocketing, yet another epidemic (monkeypox) has recently appeared to be spreading - at least it was declared a global emergency this past summer, and the world’s central bankers are changing their minds so quickly one suspects that they might soon land on their buttocks (perhaps in butter).

Is fiat money really money?

• Martin Enlund
• 11/7/22

Truth be told, investing legend Hugh Hendry had a point when he recently said that “central bankers don’t understand money, they only pretend”. But before we merely assign blame to this modern clergy of ours, one might as well note that few of us actually seem to understand money.

Overton's window creates opportunities for the brave

• Martin Enlund
• 11/4/22

When you’re one step ahead of the crowd, you’re a genius. When you’re two steps ahead, you’re a madman

Centralisation is part of the problem

• Martin Enlund
• 9/27/22

Claims that we need greater centralisation, more EU, or more globalisation are prevalent across the usual media channels. The climate crisis, environmental destruction, pandemics, the AI-threat, yes, everything will apparently be solved if a little more global coordination, governance and leadership can be brought about.

Sweden's first Bitcoin gallery is open

• Martin Enlund
• 7/21/22

We have proposed a system for electronic transactions without relying on trust.

Monetary Poverty Policy

• Martin Enlund
• 6/21/22

Why is inflation so high, and what does the powers that be plan to do about it? Let’s start our attempt at answering this by looking at the supply side, where we have seen massive amounts of negative shocks to the supply side in recent years. In particular since the discovery of the COVID-19 virus.

Well, of course a recession is looming

• Martin Enlund
• 6/17/22

Well, of course a recession is looming.

In contrast to the PhD’s in charge, the US yield curve (i.e. the difference between the 2y yield and the 10y yield on US Treasury bonds) has a fairly long history of being predictive of economic recessions. Most if not all mainstream economists will disagree with this conclusion. That doesn’t mean that you should.

Voima Gold Talks 2022

• Martin Enlund
• 5/5/22

Martin Enlund held the keynote speech for Voima Gold Talks 2022.

The keynote speech made three main points

1. Inflation

Is the US about to experience a new 'Great Disorder'?

• Martin Enlund
• 4/8/22

US inflation has recently been surging and is now “trotting”. From Gerald Feldman’s description of Germany’s inflationary episode a century ago, one is struck by many similarities with today…

On Gutenberg, Satoshi and polarisation

• Martin Enlund
• 1/6/22

Is technology political? The answer is a resounding yes! All technology is political, though some technologies are more political than others…