Tag Archives: Personal Finance

What is VIX?

There’s been a lot of talk about the low level of VIX lately. Just this past week Zero Hedge commented on VIX saying, “As Nasdaq melts up faster than Bitcoin, perceived equity market risk has utterly collapsed. VIX just hit 9.92 as NASDAQ hit 6,100 (note the most recent low is 9.39 from 12/15/06 and all-time low at 8.89 on 12/27/93) What is

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The History of Paper Money – Part 5: Working Out the Kinks

Over the last few episodes, we’ve seen the intellectual underpinnings of paper money slowly come into place. But having nebulous ideas about why paper money might be good is one thing, getting people to really believe and to trust in it is another matter entirely. And so today we’re going to tackle the development of the one thing that brought

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