Debt

New York: Melville House, 2012, 534 pp. — New York: Melville House, 2012, 534 pp. David Graeber’s Debt: The First 5,000 Years does precisely what its title promises, offer a history of its titular subject, and in a broader sense than this reader might expect — not least, because of how much more the word can mean than…

I like to equate our financial lives to hiking up a mountain. — I like to equate our financial lives to hiking up a mountain. You may wonder what similarities there are between the two? Well, more than you may think. You see, when you start, you see the “end goal”, the top of the mountain, which you want to hike to and…

In the aftermath of the Terra collapse, those of us interested in stablecoins should start to take stock of what was learned. One of the… — In the aftermath of the Terra collapse, those of us interested in stablecoins should start to take stock of what was learned. One of the lessons you will hear is that a stablecoin should be backed by external collateral. Before we assess this advice, let’s start with some preliminary definitions:

Investors frequently become confused between debt funds and liquid funds when it comes to mutual funds. A debt fund is a general mutual… — Investors frequently become confused between debt funds and liquid funds when it comes to mutual funds. A debt fund is a general mutual fund that invests its shared pool of money in fixed-income investments. On the other hand, a liquid fund is a subset of a debt fund plan. …

The consequences of the overuse of leverage and collapse of UST are spreading. — The consequences of the overuse of leverage and collapse of UST are spreading. Contagion, under its traditional definition, is the communication of disease from one person to another by close contact. In an ecosystem where a new disease is introduced, this contagion effect creates an exponential spread of the disease…

(DeFi / CeFi) Debt is good, if managed smartly. Enter Binance Loans. — (DeFi / CeFi) Debt is good, if managed smartly. Enter Binance Loans. Just as there is bad credit and good credit. There are bad debts and good debts, as well. Almost all of us have fallen prey to scary (bad) debt blues (in the traditional banking system) at some point…