This article is only available to Macro Hive subscribers. Sign-up to receive world-class macro analysis with a daily curated newsletter, podcast, original content from award-winning researchers, cross market strategy, equity insights, trade ideas, crypto flow frameworks, academic paper summaries, explanation and analysis of market-moving events, community investor chat room, and more.
(1) Bitcoin’s ‘Lightning Network’ Let-Down, Part 2: A Solution to One Problem, a Source of Another (4 min read)
John Butler followed up last week’s note on Bitcoin’s ‘Lightning Networks’ discussing how Bitcoin will need to compete with other sources of alternative money. He thinks gold could re-emerge as the pre-eminent international money.
(John Butler│ 12th March, 2021)
US inflation: a long way to the top Author (ING, 4 min read)
The Struggle for Technology Sovereignty in Europe (Project Syndicate, 4 min read)
The productivity of working from home: Evidence from Japan (VoxEU, 5 min read)
Persistent COVID-19: Exploring potential economic implications (PIIE, 10 min read)
(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)