Thank you sir! ✌️
You all own a little #Bitcoin just in case, right?
Right?
I think the time change messed up the scheduler on my Substack.
It’s out now. An important one!
Right on SatsMcd. It’s more fun to be on offense these days 😉👊🏻
SVB had a Moody’s credit rating of A just 3 days ago.
The White House 'monitoring SVB for possible contagion' is like a field donkey watching for a hurricane on the weather channel.
Leverage in the system is piano wire tight. One tweak in the wrong direction…
Honestly, we used a U.S. LIBOR rate when I set derivative pricing. London is not as in control as you may imagine. And Eurodollars are just US denominated debt in foreign banks. = more USD demand.
SOFR is happening because of bad LIBOR actors.
I would say, don’t overthink the Fed intent. They know they MUST tame inflation first. Even if it means they have to print their way out of a recession later.
Hyperinflation is not an option. Period.
💯 I’ve noticed it.
Run on one bank → credit event → contagion → imminent financial system collapse → QE infinity
Buy #Bitcoin
Right on! Thanks Deuce! 👊🏻✌🏻
Asking Jamie Dimon about #Bitcoin is like asking Mark Zuckerberg about TikTok. Neither will ever be objective or truthful about the disruption at their doorstep.
I like the idea. Working on a few things and may have to move from Substack to allow for options like that.
SEC Chairman Gary Gensler: Everything other than #Bitcoin …[is a security].
We need some regs on these. Getting absurd.
