Indian foreign reserves are declining. The Vix is flawed. ETFs, and a liquidity promise that makes some nervous. A record crude inventory draw. It's the elderly that shoplifting in Japan. Job guarantees vs basic income. Negative convexity in a single product. Reviving Fisher's hydraulic computer. Tapering does not mean "money unprinting." Let's overhaul the financial system. Debt is not damning. Unintended consequences of the PBOC's actions.