They talk about this on TFTC at 1hr16m in the base money section. https://youtu.be/6vgesP9LIXk
I believe there was a comment that the dollar has been strengthening relative to other currencies, which is what is creating this dynamic in the short term. nostr:npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l said on nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z that he expects the dollar to begin weakening by end of December, early January…
Discussion
Thank you