Today’s Animal Spirits is brought to you by YCharts
On today’s show we discuss:
- Nic Cage vs Pool deaths
- Bernstein quote
- SPAC Route
- Coinbase is going for it
- Coinbase gets a wells notice
- What stable coins are and how they work
- Why are crypto rates so much higher?
- Crypto Funding
- The education gap
- Home prices aren’t that crazy compared to the rest of the world
- This is surprising
- Rent is going nuts
- Social security running out is the ultimate clickbait
- A brief history of credit cards
- PayPal in the buy now pay later game
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Have to say, what started off looking like history repeating itself, has gone next level. pic.twitter.com/imFNoLmhJa
— Drew Dickson (@AlbertBridgeCap) September 3, 2021
https://twitter.com/LDrogen/status/1435579892339408901
There is almost $10 trillion sitting in savings accounts at commercial banks
The average interest rate being paid on these accounts is 0.06%
If we use the handy rule of 72 that means it would only take 120,000 years to double that money pic.twitter.com/3K8l4eLdN2
— Ben Carlson (@awealthofcs) September 10, 2021
$MMM CFO says inflation is "unprecedented." Rising costs – rather than product availability – is the biggest issue.
Re-upping Friday's newsletter: inflation has reached a tipping point and is set to take a much bigger bite out of Q3 results https://t.co/o4sWYN3ZxC @bopinion
— Brooke Sutherland (@blsuth) September 13, 2021
"At New York University, graduates with a master’s degree in publishing borrowed a median $116,000 and had an annual median income of $42,000 two years after the program, the data on recent borrowers show."
Join the workforce, meet people + ask Qs. Advanced degrees are a scam
— Frank Chaparro (@fintechfrank) September 13, 2021
Talked to a friend renting in Dallas. He moved out and his exact same unit rented for 20% more than he was paying. This matches all the data we see but still is crazy to hear IRL
— Ali Wolf (@AliWolfEcon) September 11, 2021
1/ Why is “Buy Now, Pay Later” (BNPL) an early threat to trillions of dollars of market cap – Visa (almost $500B), MasterCard ($350B), card issuing banks, acquiring banks/services (Fiserv, FIS, Global Payments, etc)?
— Alex Rampell (@arampell) September 8, 2021
The Matrix Resurrections in theaters and on HBO Max December 22 #TheMatrixMovie pic.twitter.com/USY3CKSgXq
— The Matrix Resurrections (@TheMatrixMovie) September 9, 2021
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