The 10 year yield is now 4.63%. The Fed’s rate cuts on the short end of the curve are supposed to drive down long end rates but the opposite is now happening. Public markets are calling the bluff. Inflation is not in check and the debt load is not serviceable. Dollar index is ripping at the same time and mortgage rates are meaning people cannot sell houses and move. If only there was a fixed sound money we could put on the balance sheet to improve our debt / equity ratio and bring the real cost of capital back under control. #bitcoin fixes this and #nostr is the plane to discuss this