Thursday, May 28th, 2020: Updated edition.
*Our earlier email was a draft, and not our final product. Sorry for the mixup and thank you for bearing with us while we iron out the last kinks! HERE is the first edition of Nuggies*
Welcome to Nuggies, an email newsletter that aggregates articles and commentary on business, economics, startups, and more, in bite-sized nuggets sent right to your email twice a week. Created by and for college students.
Our quote of the week comes from my high school summer school economics teacher, Mr. Barley: “The money is out there. You just gotta go find it”.
This Week’s Articles:
Terminal Deflation is Coming, Trevor Jackson
In the past two months the Fed has drastically expanded its balance sheet to fund unprecedented levels of government spending in response to the coronavirus pandemic. While increasing the money supply in this matter typically raises alarm bells of inflation, Jackson argues that we really should be concerned about deflation. He says that government stimulus needs to be more extreme to effectively prevent crippling deflation due to the corona crash.
Read it here
Deflation is the real killer of prosperity, Stephen Moore
In keeping with the trend, this is another article about the significant risks of deflation despite widespread concern for inflation. Moore makes a compelling case that we need to address falling prices and even suggests strategies like having the Social Security trust fund buy equities as a solution.
Read it here
Step Chickens and the Rise of TikTok ‘Cults’, Taylor Lorenz
Stuck inside and isolated from their friends, the young users of TikTok have turned to so-called “cults” for a little bit of fun during quarantine. In this article, Lorenz explores what these cults are, where they came from, and what the implications are for both TikTok, but also the larger influencer space. She cites many insightful sources from different experts in the field which are great reads in their own regard. Definitely commentary you don’t want to miss.
Read it here
Amazon’s D.C. Move Threatens the Founders’ Vision for America, David Fontana
This article provides a captivating look at the implications of Amazon’s move to the capital of the United States, Washington D.C. Although the move has already been made, Fontana looks at why, historically, economic hubs have been separated from political hubs, and why it still matters. He presents concerns rooted in history regarding the proximity of Amazon to the US Capital.
Read it here
This Week’s Tweets:
Some of Nuggies favorite Twitter accounts:
@paulg @thestalwart @rampcapitalllc @chigrl
This Week’s Wildcard (an extra, interesting nugget):
This Week’s Wildcard is some user interface/user experience (UI/UX) inspiration of a smart app for Tesla’s Cybertruck
This Week’s Question:
Will VR/AR headsets ever experience mainstream commercial use/success?
What are we listening to this week?:
This week the sun is out and Nas’ classic album Illmatic is on repeat. Roll down your windows, put on your shades, and make your neighbors wish they had taste like you.
Thank you for reading! Nuggies is created by Thomas Pero and Spencer Koehl, two undergraduate students at the University of Notre Dame.
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