Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

The New Algorand

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For years I’ve pushed and prodded, but I’m increasingly convinced that virtually all free Sloper accounts are Mr. Pink. Just sitting around the table, drinking coffee, chit-chatting, and paying zero. (My friend Evil Speculator continues to write me and castigate me that I permit any free usage at all, but I guess I’m a soft touch).

Thus, I think I’m going to try to remember to do three kinds of posts. One is the classic “Slope Plus” premium post (Gold and Platinum members) which are my best ideas. The middleground is a quality post with what I consider ideas worth sharing but shared with all paying members (and this post will be one of them). And then there will be the free posts which talk about things like, say, how humans have the same DNA as bananas and some goofy thing I just thought of while I was swimming laps.

For those who actually want a paying membership, here’s the link. That is the one and only revenue source for the site, and as I say, I’m going to increasingly nudge myself to keep the tradeable, actionable content behind the paywall. So here we go, with the good stuff only visible to paying members………..(shown below):


Inflation/Deflation Debate Wears On

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Our 30 year Treasury yield ‘Continuum’ chart indicates that deflation is the dominant trend, but…

Steve Saville has written a post that got me thinking about carts and horses and more precisely, which comes before which. Is the inflationary horse pulling the deflationary cart up hill or is the deflationary cart leading the horse to drink from the shrinking liquidity pool periodically?

See The Crisis-Monetisation Cycle

In conclusion to this short post Steve asserts…

“The crisis-monetisation cycle doesn’t end in deflation. The merest whiff of deflation just encourages central bankers and politicians to do more to boost prices. In fact, the occasional deflation scare is necessary to keep the cycle going. The cycle only ends when most voters see “inflation” as the biggest threat to their personal economic prospects.”

And over the course of decades now that is exactly the case. Every damn time that the public becomes terrified of declining asset (especially equity) prices the Fed springs into action.