GM Nostr ☕️
Lot of people seemingly worried about sequencing of DOGE cuts relative to weakening the dollar and bringing down 10 year yields. However, US reported a $308 billion deficit in February. The FY25 budget now has a $1.15 trillion deficit in 5 months. That’s $2.75 trillion run rate.
The fiscal dominance is not stopping. DOGE is not moving the needle and nothing stops this train, so save in #bitcoin and relax!