Money Fetish | Marcus Nunes | Substack

When monetary policy "tightening" is not what you think

And a view from the stock market

Mar 29, 2023 • Marcus Nunes

Most Popular

Cochrane’s “Resurrecting the Lucas Phillips Curve”

Oct 28, 2025 • Marcus Nunes

Nonsense Economics: When the President Thinks Like a Medieval Bandit

Jan 8 • Marcus Nunes

The Monetarist Who Forgot About Money Demand: Why Congdon’s Inflation Forecast Fails

Nov 10, 2025 • Marcus Nunes

The Coming Fiscal Reckoning

Nov 8, 2025 • Marcus Nunes

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Recent posts

America Can't Afford Its Own Currency

The debt is unpayable, the politics are broken, and the world is drawing its own conclusions

13 hrs ago • Marcus Nunes

The $6 Trillion Time Bomb

How Crypto, Private Credit, and AI Are Setting Up the Next Financial Crisis—And Why the Fed Might Not Save Us This Time

Feb 16 • Marcus Nunes

Deportation Backlash

How Trump’s Immigration Crackdown Is Killing Jobs, Raising Costs, and Literally Killing Americans

Feb 14 • Marcus Nunes

The Prophet Who Learned to Love the Thermostat

Milton Friedman’s Twenty-Year Journey from Monetarist Scold to Fed Admirer

Feb 12 • Marcus Nunes

A Follow-Up Letter to My Readers: The Math and the Path Forward

An update after October’s subscription plea

Feb 6 • Marcus Nunes

Government by Mood Swing: A Republic, If You Can Keep Track of It

How America’s Second Trump Term Proved That Consistency Is for Losers and Policy Coherence Is for Suckers

Feb 5 • Marcus Nunes

Why the Pandemic Was an Accelerant, Not a Turning Point

How a 2020 Essay Correctly Predicted That COVID-19 Would Speed Up History Rather Than Rewrite It

Feb 4 • Marcus Nunes

Money Fetish

Mostly revolving around monetary policy

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