GSI EXCHANGE

The IMF’s Guide to Enabling Deep Negative Interest Rates to Fight Recessions

When institutional elites communicate with one another to implement plans that may significantly affect the rest of the non-elite world, they usually do so inconspicuously, through technical documents that are shared between members of the group. It’s not that the documents are inaccessible to the public (they are, upon request), it’s just that the public …

The Myth of Smart Money

There’s this mythic notion that we associate with the term “smart money.” For many of us, “smart money” often refers to investors who are able to make a consistent profit in the markets; investors whose decisions are seemingly right most of the time. Even the well-known technical analyst Thomas Bulkowski refers to market charts as …