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3min chapter
Bitcoin Fixes The Great Reset? with Chris Sullivan (WiM171)
The "What is Money?" Show
Is This an Efficient Market?
An efficient market does two cor things. One, it quickly prices in available information and two, allows for immediate price discovery. We have the highest inflation ever in mankind's history right now yet interest rates are negative. With a negative interest rate, what happens to my equation when i try to calculate risk for a bond? Is a quant convexity, lok, negative, no times.? Any number is whats so it makesi it's a function in futility.
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