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Boats + Capitalism = Inflation
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AJs out munching on tea & crumpets so the Liquidity Event is blessed with guest house Mark Stancato, CFP, EA. The IPO market finally gets its first unicorn listing of 2022 with Ivanhoe Electric who makes a big bet on domestic production of copper to support the future of the electric vehicle market. Speaking of issues in the climate tech space, MicroStrategy makes an ill-timed bet on Bitcoin that may cause the largest corporate holder of Bitcoin to face an ignominious margin call. The gang finally unmasks the cause of all that inflation in the market and you would never believe it’s gasp INTERNATIONAL CORPORATE CARGO FREIGHTERS.
Links
MicroStrategy is facing a bitcoin reckoning
Fed hikes its benchmark interest rate by 0.75 percentage point, the biggest increase since 1994.
The Hidden Fees Making Your Bananas, and Everything Else, Cost More
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