Yo with fed printing and ai hitting diminishing returns, do you think the treasury secretary is likely to loosen bank regs to unlock excess reserves in banks? If so, will these excess reserves they stole from us be used for lending to re-industrialize or more buybacks? Even if they increase lending, it’s likely we see only more capital misallocation. The best shot we have is bitcoin denominated circular economies powered by sovereign individuals
The Great Repricing: From Fiat to Bitcoin
you can’t print productivity, so the US has resulted to printing bullshit narratives. we’ll break down the latest in the trade wars, the “surplus” we are running (we’re not), bitcoin entering the battle for collateral with JP Morgan & IBM, how broken money is truly devastating society, some awesome on Strike and XXI, and more.
live at the top of the hour (6pm ET). come hang out! see yall soon
https://www.youtube.com/live/bZvpTAE7NYI?si=w-F6aUZGk7dVYVjU
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