I’m so glad someone else asked 😅
I made it down the rabbit hole without ever looking at charts and don’t know if it’s even important that I understand them at this point or not.
Discussion
I don't think a deep understanding is important, but a broad understanding of what the causes and effects are that are breaking the current monetary system seems doable. For example, I read The Bitcoin Standard and learned more in that book about money and global finances than I ever did back in high school or college.
Same - bitcoin books have taught me so much more than I learned in econ in college. I understand the broad concepts and what is happening, but charts just kind of look like lines on paper to me… some of them look pretty, but other than that 🤷🏼♀️ . It seems obvious we are heading toward a recession or worse without looking at a chart, but I guess charts help traditional financiers see and chart their predictions of what is coming?
Interest rates are the price of money.
Inverted yield spread => Fear about the near term, faith in the long term prospects of economy