In this issue:

• Bubbles and Easy Money

• Gamestop Loss

• Gramscian Bitcoin

• 2 & 20 Media

• Funnel Capture

• Airline Loyalty Programs as a DTC Brand

• Palantir, From The Inside

Bubbles and Easy Money

One theory of bubbles is that they are always and everywhere caused by an increase in the money supply. Defined broadly enough, this is a tautology: since a "bubble" is a tempor…