Good Technical books on Macroeconomic Theory

What are some good technical books on modern macroeconomics and investment banking, especially ones that take advantage of a strong math background?

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I majored in pure math at caltech. Let me go ahead and save you some time buddy: macroeconomics is ALL bullshit. Don’t bother with any of it. It’s all reverse justification for elitist banker policies

do you post here often? This isn't the first time I've heard someone say this.

Yet all the worlds most successful investors and businessmen advocate for it. Strange.

Yes, he does, whenever he gets attacked or feels strongly about something he brings up his education. Been a while since I saw him but been a while since I used chans.

no such thing macroeconomics doesnt exist in technical formulas. It only exists as a fake jewish educational path of lies. There is no way for any book printed on paper to properly describe what is happening right now. Fuck there isnt one uni on the planet where any of those debt grabbers even know what happening at the highest performance economic levels, they just regurg masonic bullshit mixed with pop econ 101

Modern Monetary Theory is the way to a brighter future!

No you’re thinking of my twin brother chester

That it's controlled by Jews, and that they will pursue Jewish interests. You don't need anything else.

Lmao name a single successful investor who advocates for any successful complex mathematical macroeconomic theory? There was only one: long term capital management. Look up what happened to them and educate yourself

The funds run by mathematicians like de shaw and rentech do much much better

You misinterpret brother. I do not attack. I meant strange in the literal sense of the word. Do they want to mislead on purpose that was my question?

this

t. econ graduate. its all nonsense

Dude, the only successful investors who base their funds on any sort of macroeconomic theory don’t know any math. See ray Dalio for example

There isn’t a single successful fund run by a leading bro-Keynesian. They’re only good for government positions

Yes, but you said they use it for retrograde justification. I did a lot of transcribing work when I was poor, lots of investors in interviews say shit like this, "if I could do it all over again I would pay more attention to macroeconomics." "I would dedicate the rest of my life to studying the macro environment." (Summarized)

So my question boils down to, is it globalist shilling (indirectly) or do they intentionally want to pull the wool over people's eyes?

I already assume most of it is.

But I'd at-least like to verse myself in the most prevalent forms of bullshit because I assume it shapes how others think.

And you're telling me there are zero books/ papers detailing exactly HOW mainstream macroeconomic theories enrich these elite banker boogeymen?

Ray Dalios new book is probably the best at explaining what is happening right now.

Of course, you could poke some holes into his theories but he BTFO'd most money managers in 2018.

What they mean is: I wish I understood that markets are NOT free, and that central banks manage them

A lot of guys I know have lost a shit ton of money doing things that would normally work under a free market, but lose a shit ton under a central bank QE/PPT rigged economy

Interesting thanks.

Saying that the elites and central bankers manipulate markets and that it's manipulated frankly white noise to me at this point.

Sure, banks have a lot of influence but the schizos here play them up to the point of making them seem like omnipotent conspiracy tier. I think they are made of many people with competing interests and are not nearly as coordinated and tight knit as you make them out to be.

And yes, they do nefarious shit.

Lmao. There are three major competing banking interests:

1. The western banks, headed by fed and ecb but including things like the BOJ and Canadian/Australian banks

2. The Chinese central bank

3. the russian central bank

The first one is so overwhelmingly powerful that so far, everything has been bent to its will. Denying this is just pure delusion. Ofc you can argue to what extent, but the fact of the matter is that we don’t have any real price discovery in markets anymore. In fact, crypto behaves more like an organic market than the US stock market at this point

This is a healthy way to approach it, but still not worth it

If you still insist, take a look at Jordan gali’s book. Be careful tho, you’ll get taken into deep waters quick and it really won’t be worth the time

If you want to be redpilled on economics read murray Rothbard and books about the history of the central banking. They’re much more important

Fpbp
Don’t believe (((their))) lies

>Tfw can't do calculus

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Banks are just organizations made of people.

Lowest level are just foot soldier employees. They don't know or care about the "bank interests". They just do their job for a paycheck.

Then as you increase the ranks you get levels with more control and eventually you have the leaders who are driven by their own goals and interests and I assume only have an interest in the bank surviving as it lets them keep their position.

They are led by people. People that are sometimes stupid, sometimes shortsighted and greedy, and sometimes disagree with each other and make the organization non-coherent.

I'm curious what you mean by there being no real price discovery today, and can you give a specific example? The free market still exists, and people make voluntary exchanges all the time.

Calculus is easy bro. Get the Stewart book, and do the problems with solutions in the back. If you take adderall, you could prob blow through the book in 2-3 weeks. There's like 17 chapters and it usually took me 8-10 hours to get through one.

I didnt show up for the last 1/3 of the semester of Calc 3 and learned the material in 2 days. This was at a top engineering school, so the tests werent easy.

When there is trillions chasing assets whose returns are propped up by repurchases of institutions not driven by profit motives (central banks, fannie, freddie, etc...), it creates market distortions.

For example, nobody in their right mind would buy negative yielding government bonds, except for the fact that because the government will repurchase them and push down interest rates, they will be worth more. It creates something similar to a greater fool theory argument where the government (in turn the people) are the fools, while the wealthy are pocketing the free money. Until it all comes crashing down of course, but that paradigm shift hasn't began yet.

>A lot of guys I know have lost a shit ton of money doing things that would normally work under a free market, but lose a shit ton under a central bank QE/PPT rigged economy

This sounds like a massive way to cope about a failed business. How can you possibly have been sure that it would have succeeded on the free market?

Thanks user, only real recommendation.

>For example, nobody in their right mind would buy negative yielding government bonds, except for the fact that because the government will repurchase them and push down interest rates, they will be worth more. It creates something similar to a greater fool theory argument where the government (in turn the people) are the fools, while the wealthy are pocketing the free money. Until it all comes crashing down of course, but that paradigm shift hasn't began yet.

I'm confused by your example. This is some of the stuff I'm looking to read more about.

Let me try to get this straight.

Negative yield bonds:
>Loan to government with a negative interest rate

But you can sell it to someone else because the government will buy it back?

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It really isn’t cope tho. Take a look at the vix over the last ten years for example. Volatility has been utterly raped. There are a lot of strategies that rely on normal volatility levels that led to bankruptcy

Basically, under the current monetraey regime, there are 3 winning strategies:

1. Buy stocks and preferably tech stocks
2. Short the VIX
3. Have a team of worldclass cs phds making markets

I was thinking more pedestrian in terms of goods and services.

>It really isn’t cope tho. Take a look at the vix over the last ten years for example. Volatility has been utterly raped. There are a lot of strategies that rely on normal volatility levels that led to bankruptcy

I mean, that doesn't prove that it's manipulated though. Organic markets can be volatile.