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Mark Spitznagel

Mark Spitznagel is Founder and Chief Investment Officer of Universa Investments. Spitznagel is the author of The Dao of Capital: Austrian Investing in a Distorted World and was the Senior Economic Advisor to Rand Paul.

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Why Cryptocurrencies Will Never Be Safe Havens

Blog08/14/2017
Cryptocurrencies are an important step in the right direction. But thinking that we are magically creating new stores-of-value is a profound mistake.

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The Part-Time Critics of Central Banks

Money and BanksMoney and Banking

07/14/2017FedWatch
The central bank critics today who were not critics of the great bailouts and stimulus have reserved their criticisms for what hurts their interests.

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What Is This "Neutral" Interest Rate Touted by the Fed?

The FedMoney and BanksMoney and Banking

Blog01/03/2017

The Fed says it can use a "neutral interest rate" to set policy. But, Fed economists don't understand how the neutral rate works.

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