Val PopovSilicon Valley Bank, duration and the persistence of inflation.More than a year ago, I wrote a post on inflation, in which I pointed to the combination of massive fiscal deficits and massive QE as the…3 min read·Mar 13, 2023----
Val PopovGeneral Theory of InflationWell, we don’t have one, at least not one yet.14 min read·Oct 10, 2021----
Val PopovMoney as Memory of the FutureI am a big fan of fiat money. In my view, it is the most underrated innovation in human history, innovation that has contributed…8 min read·Jun 27, 2021----
Val PopovGain-Loss Utility, Equilibrium and Interest Rates.Those of you who follow me on Twitter know that my economic views do not fall neatly within any of the established schools of thought…10 min read·Mar 14, 2021----
Val PopovThoughts on Tesla and the recent market sell-off.It’s been a year since I last wrote about Tesla. It feels like a lifetime ago: a pandemic, lockdowns, 15% unemployment, 500K coronavirus…6 min read·Mar 7, 2021----
Val PopovBitcoin is not hard money, but it is valuable nonetheless.Now that Bitcoin has reached another all time high, the Bitcoin debates are starting anew. Is Bitcoin a speculative asset bubble, as…8 min read·Jan 3, 2021----
Val PopovGeorge Floyd marks an inflection point.I mostly write about economics, but here I want to share my thoughts on the protests in response to George Floyd’s brutal and cold-blooded…3 min read·Jun 21, 2020----
Val PopovErgodicity, Utility, EMH and Tesla.Ergodicity Economics (EE) is bringing some excitement to decision-theory nerds like myself. Basically, EE attempts to dispense with the…5 min read·Feb 8, 2020--1--1
Val PopovEndogenous Money — Q&A Part IIMy recent post on Endogenous Money attempts to reconcile the Post-Keynesian view that banks control the money supply with the…9 min read·Dec 29, 2019----