In this issue:

• What Do You Do With a Variant View?

• Liquid Assets

• Carbon and Gresham's Law

• Fleets

• Crypto and the Banks

• Optimizing for Less Engagement

What Do You Do With a Variant View?

"Macro tourism," or drifting outside of one's specialty to opine on the state of the economy, ideally in apocalyptic terms, is a popular hobby. Macro is an interesting topic that…