The Rise of Carry: The Dangerous Consequences of Volatility Suppression and the New Financial Order of Decaying Growth and Recurring Crisis Interesting book.  The next financial crisis could be very different!  Published into 2021, I wonder if there any major changes in the four years since it was ...

The FED has now injected about 125 billion last few days. The QT has halted....biggest injections since 2020

The Rise of Carry: The Dangerous Consequences of Volatility Suppression and the New Financial Order of Decaying Growth and Recurring Crisis

Interesting book. 

The next financial crisis could be very different! 

For many many months I could not log into the forum, perhaps many have some technical problems logging in (and gave up). If one not can log in it is not easy to write something here. 

Perhaps I was considered so Loberal that blocked out (must not be mistaken as Liberal) ?

well FED injected 29 billion in the system to keep it afloat 

The SOFR–IORB spread is now flashing red, signaling growing liquidity stress.  Normally the FED could have lowered the ON RRP rate so that big financial institutions would withdraw deposits and put them to work. But as posted above the ON RRP buffer is already gone. Sure FED can stop their QT, or t...

What about calling it MWEGA (make Wilmott even greater again!)

Or sell the forum to Trump and suggest he name it Trump-Derivatives-Forum? 

how should a gold bond be structured? zero coupon? Or even negative tax deductible coupon (for storage cost of the gold underlying the bonds in Fort Knox) In my view this is unlikely to happen before we see a gold price goes much higher. There is only 1 ounce of gold per person on Earth (above groun...

"How American Gold Can Shore Up the Dollar A special Treasury bond backed by the precious metal would strike a blow for sound money." " "Fearing currency erosion, many investors are making “debasement trades” by shifting from dollars to hard assets. The Trump administration coul...

A good start is to follow these > 2 trillion dollars in ON RRP that now has left FED

Is the forum for sale? If so with or without inventory?

quantum computing seems to be a growing bubble? One has not been able to unify QM with QG. I suspect many of the assumed and also so called tested wonders of QM will break down when one finally are able to unify with QG or simply test at much much much shorter time intervals. Still perhaps a good in...

Nassim's Talebs excellent book with colours:

Statistical Consequences of Fat Tails: Real World Preasymptotics, Epistemology, and Applications free pdf at arXiv

Or cheap hard copy with colours also https://www.amazon.com/dp/B0FXPWYL9P/ref=tmm_hrd_swatch_0

"Bank of England chief warns of ‘worrying echoes’ of 2008 financial crisis. Andrew Bailey says a close look is needed at the private credit market after collapse of two big US firms"  https://www.theguardian.com/business/2025/oct/21/bank-of-england-chief-warns-worrying-echoes-2008-financi...