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The 10th Man Archive, April 2021

April 15, 2021

Central Bank Populism

The New York Times published a glowing portrait of Fed Chairman Jay Powell last week.

Supply & Demand

Some of the dumbest arguments in finance are about interest rates.

One of the worst things about working at a bank (and there are many) is that you can be having your best year ever. And then some drunk in another part of the firm will blow sky-high and vaporize the bonus pool for the entire firm.

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