Mackenzie Morehead

How should you think about "layer-1" cryptocurrencies like Ethereum, Solana, etc. (i.e. those supporting applications to be built on top of them)? Industry vets have variously claimed that they're nation states or city states. Indeed, in this fascinating Bankless episode, the two hosts discuss the

I believe it’s absolutely vital to think about asset prices the same way that Scott Grannis thinks about inflation, because ultimately they're the exact same phenomena: dollars chasing assets. Think of the situation in terms of supply and demand of each: the demand to deploy dollars relative

This was a piece I wrote in the summer of 2021 as I became increasingly concerned about the inflationary nature of the US's fiscal and monetary policies. It explores the empirical relationship between money and inflation. Here's a highlight: While the 20th Century taught the world