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What we came to this conversation wanting to know from Jim, as someone who has lived through at least 3 major credit cycles, is if in fact he feels that this inflation is not transitory. This is a phenomenal conversation that will help you integrate the history of inflation and what we know about its causes into the unique circumstances of our modern political-economy, which is characterized by historically high debt levels, aging demographics, and technology-driven deflation, in a way that can make you a better, more thoughtful investor.
Topics discussed during the Overtime include precious metals, cryptocurrency, meme stocks, ethics in journalism, and more. All subscribers gain access to our premium feed, which can be easily added to your favorite podcast application. Write us a review on Apple Podcasts. Subscribe to our mailing list through the Hidden Forces Website. Join the conversation on Facebook , Instagram , and Twitter at hiddenforcespod.
James Grant was born in , the year interest rates put in their midth century lows. Born in New York City and raised on Long Island, he had thoughts, first, of a career in music, not interest rates—french horn was his love. But he threw it over to enter the Navy. Following enlisted service aboard the U.
In , at the age of 26, Grant landed his first real job, as a cub reporter at the Baltimore Sun. There he met his future wife, Patricia Kavanagh, and discovered a calling in financial journalism. It seemed that nobody else wanted to work in business news.
Grant served an apprenticeship under the longsuffering financial editor, Jesse Glasgow. The late s were years of inflation, monetary disorder and upheaval in the interest-rate markets—in short, of journalistic opportunity. It happened that the job of covering bonds, the Federal Reserve and related topics was vacant.
In the mainly placid years of the s and s, those subjects had seemed too dull to care about. Bleiberg, tapped Grant to originate a column devoted to interest rates. The Life and Times of Thomas B. He and his wife live in Brooklyn. They are the parents of four grown children. Login or Subscribe to Access Premium Content.
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Nullus est igitur cuiusquam dies natalis. Quid ad utilitatem tantae pecuniae? Cum ageremus, inquit, vitae beatum et eundem supremum diem, scribebamus haec. The term first appeared as an apparently intentional typo in a Bitcointalk post. HODL is a partially ironic recommendation for traders and investors not to panic and sell all the crypto assets every time the charts go red.
It is essentially an investment strategy that boils down to preserving crypto assets despite market volatility. Many cases have proven that HODLing is in fact more profitable than popular trading strategies, such as bots and arbitrage trading. In crypto, the events usually generate memes.
But in the case of DogeCoin, the meme became the cryptocurrency. Dogecoin is based on the Luckycoin coin, which is based on Litecoin, which in itself is a fork of Bitcoin. Markus created the coin because he wanted the cryptocurrency to be associated with something nicer than the financing of terrorism or money laundering.
At that time it was a popular belief, strengthened by the case of Silk Road and other similar darknet marketplaces. It has a large community that likes to support charity initiatives. The meme originated from the way over-enthusiastic speaker at the Bitconnect conference by the name of Carlos Matos. His emotional 3-minute speech is now an iconic masterpiece at the gallery of crypto memes. Despite the obvious suspicions raised by this style of presenting the crypto project and the overall doubts about the Bitconnect lending platform being a scam, the coin managed to get into the Top cryptos list.
It was the era of the ICO boom when literally any project could collect funds and investors were not paying much attention to the details in the rush for huge profits. In reality, Bitconnect just wrapped the good old multilevel marketing into the crypto package and sold it to thousands of people. Another iconic meme came from the active Bitconnect promoter and popular crypto YouTuber Trevon James. The expression took its honorable place on the crypto meme shelf and is now used to mock the investors who put their money in scammy or unsuccessful projects.
On this hype wave, a well-known eccentric antivirus software tycoon John McAfee, the creator of the McAfee antivirus made a really ambitious claim. At this moment, the famous software tycoon is locked in the Spanish prison due to the charges pressed by the US government. They claim that he committed a tax fraud and used his public image to pump and dump coins, resulting in huge gains for him and losses for investors who followed his advice. If proven guilty, McAfee may face up to 35 years in jail, which will most likely be a life sentence for a year-old millionaire.
Even though McAfee is waiting to be extradited back to the United States for trial, he still manages to pump the price of his cryptocurrency from behind the Spanish bars. With the Bitcoin price mooning in , the number of ICOs also increased exponentially. Thousands of projects declared the entire financial system being inefficient and promised that their token only can save us all.
Out of thousands of ICO scams, one particular token sale got into history. Fortunately, many got caught. This story has become a legendary illustration of both the audacity and laziness of the scammers and the notorious trustfulness of investors who put their savings in a fake project without any research.
Crypto-wojak is a popular meme that depicts the emotional experience of a crypto investor depending on the market situation. When the price grows, Wojak is happy and turns green, when the price declines the guy turns red and angry. For the very first time meme appeared back in on the German imageboard Krautchan. This user went by the nickname of Wojak. Soon, the image spread far beyond Krautchan and was no longer used in its original meaning, while retaining its name.
What is the formula for a legendary Bitcoin meme? Apparently, you only need a pen, paper, and an opportunity. It was another boring day at the Congress of the United States. It was on the air live for just a couple of seconds, but that was enough to become the most influential crypto event of Shortly after that, the security escorted him out of the hall. But his actions already had consequences — the price of Bitcoin on that day went up by 3.
By early , the Japanese exchange Mt. As a result, Mt. Gox declared bankruptcy, leaving its clients without money. One of the Mt. Gox traders once met the former head of the company, Mark Karpeles. He peacefully walked down the street with a cup of frappuccino.
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Hodling is life. Evil Banks. Top Memes. Dankest Memes. Meme Meme. Life Memes. Stupid Memes. Funny Tweets. Lego Marvel. Balance is All You Need. Cryptocurrency Balance. Funny Posts. Funny Work. Fun Funny. Funny Stuff. Lmfao Funny. Daily Funny. Funny Things. Hilarious Pictures. Crypto is Life. Work isn't. You got me there boss. Coin Market. Price Chart. User Guide. Bitcoin Year Challenge. From nothing to everything.
Mixed Emotions. Feeling Great. How To Become. Crypto Isn't Stressful. Or is it? Funny Jokes. It's Funny. Diet Humor. Car Memes. Funny Videos. Rn Humor. Sarcastic Memes. Crypto Memes is Life. One Punch Man. Funny Baby Pictures. It's a free online image maker that lets you add custom resizable text, images, and much more to templates.
People often use the generator to customize established memes , such as those found in Imgflip's collection of Meme Templates. However, you can also upload your own templates or start from scratch with empty templates. The Meme Generator is a flexible tool for many purposes. By uploading custom images and using all the customizations, you can design many creative works including posters, banners, advertisements, and other custom graphics.
Animated meme templates will show up when you search in the Meme Generator above try "party parrot". Funny you ask. Why yes, we do. Here you go: imgflip. Flip Through Images. Easily add text to images or memes. Draw Add Image Spacing. Auto Color White Black. Upload new template Popular. Include NSFW. Used as background since this image contains transparency. Click to change. More Options Add Text. Note: font can be customized per-textbox by clicking the gear icon.
Use resolution of original template image, do not resize. Potentially higher quality, but larger filesize. Pro-tip: If you Login or Join Imgflip , your captioned memes will be saved in your account. Private must download image to save or share.
Create Anonymously. Remove "imgflip. What is the Meme Generator?
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