In 1872, an American inventor named John Keely raised money on the promise of a new motor with a power source that would revolutionize the world.
The only problem? It was an elaborate fraud. One with eerie similarities to certain modern day events.
Who's up for a story?
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In 1895, an 18-year-old Russian immigrant in Alabama started selling bananas out of train boxcars.
This is the tale of how a boy from humble beginnings became one of the most powerful men in the world. This is the tale of The Banana King.
Who's up for a story?
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The Fed fears deflation more than anything else, so what does that mean for what comes next?
Enjoyed chatting about this topic and more with @CNBC. Thanks for having me on!
Stagflation 101
The term "stagflation" is used frequently in discussions of monetary policy and risks in the post-COVID world.
But what is stagflation and how does it work?
Here's Stagflation 101!
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In 1867, a ruined Louisiana banker started growing peppers in his garden.
Today, the legacy of that garden stretches across 170+ countries and generates over $200 million in annual revenues.
Who's up for a story?
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In 1925, a handsome 35-year-old con artist made a fortune selling a famous piece of French real estate.
The item for sale: The Eiffel Tower.
Who's up for a story?
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1/ A Thread on Sound Money
Imagine it is the year 2200 and you land on a tiny planet inhabited by friendly aliens.
Walking around, you admire their incredible alien technology.
You wonder aloud, โWhat is the basis of this thriving planet?โ
So you enter the market...
6/ โSadly, not. Mr. FEDerico retreated to his estate, satisfied that the vibrancy of the market implied vibrancy of the people.โ
You look around, observing the struggles while the merchants thrive. You turn and run.
โIโve gotta get back to 2020. I need to tell them something!โ
1/ Thread on the @MiLB Situation
Following a thread I wrote about the MLB Negotiations, I want to provide some perspectives on the recent developments for @MiLB players.
In my opinion, the situation is a disgrace to U.S. labor laws and needs to be addressed immediately.
1/ A Thread On Perverse Incentives
I posted yesterday about the slick move by $MRNA raising money on the back of their vaccine progress announcement.
Incentives are everything, so I worried openly about the perverse incentives it highlighted. Well...
https://t.co/M8uBLPSTf4
Can't rain on this parade!
The @StanfordBSB seniors got to take the field with their families before Sunday's #Pac12BSB showdown for senior day. ๐ฒ๐ฒ๐ฒ