Economics

I like pleasure spiked with blockchain and music is my aeroplane. It's my aeroplane. /pizzadao underboss and /pixelwooks co-lead. Featured in "Number Go Up" 📖

Ethereum

Wondering why your ETH bags are down and what on earth the carry trade is, or how it's all connected?

I wrote these two threads, with a bit of help from GPT to fill in the gaps in my theoretical knowledge, based on my only previous run-in with the carry trade, when the 2008 unwinding led to the global credit crunch while I was working in finance in Eastern Europe

https://warpcast.com/eirrann.eth/0xe4270373
https://warpcast.com/eirrann.eth/0xf8a25be9

that's a banger of a track

what are your thoughts on the carry trade?

that's a banger of a track

what are your thoughts on the carry trade?

https://warpcast.com/eirrann.eth/0x78b17786

- $8.5B buyback in August
- $31.5B buyback in September
- $10B buyback in October

Man I forgot about this edit 🤣 
Now I need to get and save this.

In case anyone wants it:
https://youtu.be/tRLRymTR_rA