Investors may appreciate easy-money monetary policy for the lift it has given markets since the pandemic in particular, but Nassim Taleb, the “Black Swan” author and risk-management guru, doesn’t think it has done them any favors.
In a freewheeling interview with CNBC’s “Squawk Box” on Thursday, Taleb said that the Federal Reserve’s decision to keep monetary policy so easy for so long until recently has created at least a couple of “tumors” in markets. And it may also have potentially misled a generation of investors into underestimating the ease of making a living picking stocks.
“Now, people will discover that there’s time value of money,” Taleb said, referencing a popular economic concept that explains why a dollar today is worth more than the same dollar at some point in the future.
Quantitative easing needs to be moderated
Feds are printing money because of wall street's bad bets. But wall Street owns you so you will never speak the truth
He is right
No. Bitcoin sort of. Real estate no. Real estate has intrinsic utility. Bitcoin does not, it’s a Ponzi scheme.
1987 was when I saw the first big drop. What makes his words compelling is that we had been in a 40 year bond bull market that might have fully ended
GFY
That's a bad say from this man. Bitcoin is actually the it!.
His overthinking head is the real tumour. He doesn’t understand what Bitcoin is or he is one of those Fiat Ponzi scheme supporting scum.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Black Swan' Author Nassim Taleb Calls Bitcoin 'Tumor''Black Swan' author Nassim Nicholas Taleb believes that Bitcoin is 'tumor' that metastasized because of 'Disneyland economy' nntaleb Does a 'bubble' last more than 12 years?
Source: Utoday_en - 🏆 295. / 63 Read more »
Bitcoin slips lower, and South Korea issues arrest warrant for Terra's Do Kwon: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Michael Anderson of Framework Ventures shares how venture capital firms are preparing to invest in projects after The Merge. Will this still work after the merge of ETH 2.0
Source: CNBC - 🏆 12. / 72 Read more »
California Gov. Gavin Newsom says his anti-Republican ads are retribution for recall effortsCalifornia Governor Newsom sat down for an exclusive, wide-ranging interview with CNBC. Yawn His own family is giving money to desantis lol Democrats are sick people
Source: CNBC - 🏆 12. / 72 Read more »
California Gov. Gavin Newsom Says He's ‘Pushing Back Against Bullies' in Anti-Republican Political AdsCalifornia Gov. Gavin Newsom Says His Anti-Republican Ads Are Retribution for Recall Efforts Political vendettas are like poison. Sooooo he’s a little B…
Source: nbcchicago - 🏆 545. / 51 Read more »
Two crypto experts say the Ethereum network merge is critical for the future of the currencyCNBC Tech Reporter MacKenzie Sigalos and JMP Securities Financials Analyst Devin Ryan discuss the importance of the highly anticipated Ethereum Network merger and what it means for the crypto space overall. KenzieSigalos My friends, this work is very cool for me, thank you man?..?.?. KenzieSigalos Man, people never paid any attention to any of major upgrade done by Google or Apple, too much going on around ethereum merge!
Source: CNBC - 🏆 12. / 72 Read more »