(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) Bad girl, sad girl, you’re such a dirty bad girl
Damn good article. Some parts were over my technical head, still good reading. Nice to come across a contrarian view on American politics/power, money and how it goes around. One of the best articles I've read of yours Arthur. Top stuff. Thank you for sharing your views/thoughts.
Deadly as ever, Arthur. Quick question; what if the whole market, like you, doesn’t see a recession as possible, given yet more excessive fiscal spending is in the post for 24? Therefore long end bonds aren’t bought, and “inflation” and rates stay higher for longer?
Question about your comment around ‘owning long term bonds is idiotic’
My view is that holding enough 20 year bonds at ~5% to yield a basic $X a year for living expenses for the next 2 decades is a smart idea, just so you don’t really have to think about needing to work no matter what really happens. I guess the risk is that inflation gets so bad that the purchasing power of that $ amount gets slashed, but that is why you own BTC to hedge.
Bitcoin, with its impending supply halving, appears strategically poised. As fiat mechanisms grapple with their inherent limitations, the alignment of Bitcoin's halving cycle with these macroeconomic events may very well catalyze its ascent. With additional on-ramps like ETFs emerging, the stage is set for a paradigm shift, where digital assets could redefine wealth dynamics.
Arthur. Thought experiment. You have the Fed and Treasury levers for all of 2024. GO.
Damn this is good! Thank you Arthur!
Thank you Arthur! you da boss
Damn good article. Some parts were over my technical head, still good reading. Nice to come across a contrarian view on American politics/power, money and how it goes around. One of the best articles I've read of yours Arthur. Top stuff. Thank you for sharing your views/thoughts.
Arthur Hayes da boss, thank you sir!
Another total banger! Thank you so much for your writing.
Deadly as ever, Arthur. Quick question; what if the whole market, like you, doesn’t see a recession as possible, given yet more excessive fiscal spending is in the post for 24? Therefore long end bonds aren’t bought, and “inflation” and rates stay higher for longer?
Arthur,
Found, the "Feels Good Man" video.
Explains the original Pepe meme perfectly.
Arthur gives us logic and reason with the humor we need during these difficult times. Thank you Arthur!
Thank you! Can we get a deep dive on Europe and China?
War is peace...
based and macropilled
Question about your comment around ‘owning long term bonds is idiotic’
My view is that holding enough 20 year bonds at ~5% to yield a basic $X a year for living expenses for the next 2 decades is a smart idea, just so you don’t really have to think about needing to work no matter what really happens. I guess the risk is that inflation gets so bad that the purchasing power of that $ amount gets slashed, but that is why you own BTC to hedge.
Curious to hear opinions on this.
Bitcoin, with its impending supply halving, appears strategically poised. As fiat mechanisms grapple with their inherent limitations, the alignment of Bitcoin's halving cycle with these macroeconomic events may very well catalyze its ascent. With additional on-ramps like ETFs emerging, the stage is set for a paradigm shift, where digital assets could redefine wealth dynamics.