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blog.dshr.org
| | www.prospectmagazine.co.uk

Going cold turkey would finish off a dysfunctional global financial system that's now hopelessly addicted to emergency infusions. The only solution is surgery on the system itself
3.6 parsecs

Travel
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| | unlimitedhangout.com

While often pitched as decentralized, the key infrastructure upholding consensus on Ethereum has been dollarized by stablecoin issuers. These same entities, in addition to the currency speculators behind Block.One, were willing partners in the set up and take down of Terra-LUNA and FTX.
4.1 parsecs

Travel
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| | www.kalzumeus.com

[AI summary] The text is a detailed analysis and critique of the cryptocurrency industry, focusing on the Tether (USDT) and Bitfinex controversies. It outlines the author's belief that Tether is insolvent and part of a larger scheme involving money laundering and regulatory evasion. The author also discusses their personal skepticism towards cryptocurrencies, the role of fraud in the industry, and their own past investigations into similar issues, such as Mt. Gox. The piece includes technical details about verifying the author's predictions through cryptographic hashes and timestamps, as well as mentions of other journalists and analysts who contributed to uncovering these issues. The author's intent is to inform readers about the risks and potential fraud w...
4.6 parsecs

Travel
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| | www.viralnewsconnection.com

[AI summary] The article argues that sales per worker do not necessarily reflect productivity, as they are influenced by both output and pricing. It critiques the neoclassical economic theory that prices reveal utility, highlighting that prices are not independently measurable and that the correlation between sales and wages is an accounting identity rather than an indicator of productivity. The piece emphasizes the need to understand the role of prices and the limitations of traditional economic models in explaining income distribution and firm behavior.
36.7 parsecs

Travel
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