If you’re going to put your money anywhere, put it to work.
There is more to money than it’s form.
From the looks of it, these banks never understood what the purpose of a bond ladder was???
Freedom, money and faith are all intertwined.
Distortion of their core principles is what leads us off track.
The principles are the same as the laws here. He and the other senators should read this book (Bible) as well.
While many were focused on the degenerate lifestyle of Hunter Biden when the contents of his personal laptop were released to the public, Garrett Ziegler did some hard hitting investigative research to highlight the corruption, interstate felonies, and the fact that the Biden family was aware that President Biden was suffering from dementia as early as 2018.
This is one of the most important episodes of TFTC ever recorded.
https://tftc.io/tftc-podcast/405-the-biden-laptop-report-with-garrett-ziegler/
The unfortunate part is while it’s very probable there is a lot of truth here. None of matters.
No one does anything because both sides are out doing each other at the same game.
No one takes any of the masses complaints and reports of corruption seriously. If they did these people would be behind bars and wouldn’t be holding office.
“Bitocoin’s price is volatile but the system is stable. Very stable. The US dollar may not be very volatile, but the system inherently is unstable.” ~ #[0] on #Bitcoin
The irony…
The FED, banks, and White House have been on a mission to spread the ideals of Keynesian Economics.
They chirped about the positives of Modern Monetary Theory (MMT) and the need for money to have extreme money velocity without any real consideration for the negative consequences.
We now have the largest supply of money in history and the fastest velocity possible thanks to API banking and modernized banking rails.
Yet, we face the greatest systemic risks ever and are watching banks fail real-time globally.
MMT is a farce and this group couldn’t have been more wrong.
The inverse relationship is💪 between DXY & #Bitcoin .
As the banking crisis continues is #BTC beginning to shine?
With global banking failures mounting, SI, FRC, SIVB, and now Credit Suisse, what grade would you give Bitcoin on its first test?
Remember when everyone was all up in arms because Yellen and the FED made Coinbase say that deposits weren’t protected.
ht: #[0]
It’s shocking to me (I don’t know why) to see the FED and banks play the roll to a 0% credit card game.
A sign for sure.
Peruvian_Bull's dollar endgame thesis was a fun one to dig into. Especially on the heels of #SIVB, $SI, $SBNY, and the FED's #bank funding program (BTFP).
Part 1: https://podcasts.apple.com/us/podcast/navigating-bitcoins-noise/id1583424361?i=1000604684186
Part 2: https://podcasts.apple.com/us/podcast/navigating-bitcoins-noise/id1583424361?i=1000604684553
✅Triffin’s Dilemma
⭕️Econometrics
🏁human subjectivity & money
✅Risk in derivatives
Wen… do people start asking if they should buy #Bitcoin again?
Asking for a friend…
There’s great irony in how narratives spread and are widely accepted.
“It’s science.”
🤔🤔 what happened to a steps 1, 2, 5, and 6?
Thank goodness profits were made, or some questions (step 1) might be asked.
These things take months if not years to unwind. They go in waves.
Process of kicking the can down the road: Initial collapse/issue > short term resolution > unintended consequence > additional failures / mergers > rule changes > new normal.
Yes. Agreed, I just couldn’t tell what you were referring to.
The “impossible” or “conspiracy” continues to become reality.
This is why it’s important to understand the curve, and to understand what it’s telling you.
Rates tell you everything, most specifically risk.
But, you have to view the rates in relative terms. Relative to whatever the base rate option is and the make assumptions based on that.
For instance the recent absolute collapse and massacre in the 2yr yld is telling you that the market perceives they’ll kick the can, IMO. But, it will likely take a while (1-2yr) to work through. So, investors bid up the longest part of that duration as possible and did so hard.
At the same time, they weren’t nearly as willing to go much further out on the curve- 10s, 20s, 30s. And weren’t as interested in the super short stuff. The 6mo was still at 4.88 today. So, they didn’t come in too short either, because the expectation is this will take longer to work through.
Just as every other crisis, it takes months to years to work through all the collapses and mergers. They play out slowly, not all at once.
