I spent the first two weeks of October skiing on the South Island of New Zealand. My guide, with whom I spent all of last season in Hokkaido, assured me that New Zealand was one of the world's most badass places to backcountry ski. I took his word for it and spent two weeks with him, travelling out of Wānaka chasing...
So much nonsense just to support a narrative -- corrections:
1) Gold and stocks rose after 1973 due to the collapse of the Bretton Woods system, it has nothing to do with oil prices (mere correlation).
2) Even if you call bitcoin "stored energy in digital form", energy prices have no effect on bitcoin's price. Energy prices don't affect adoption and don't make people have more money to buy bitcoin (money liquidity does).
3) A military aid of $17.9 billion is not even a tiny drop in the bucket when you put things into perspective with 2023 US deficit being $1.7 trillion(!) and the total US debt as 2023 December being $33.1 trillion(!) so has no influence on total US debt.
Actually, the USA is a vassal state of Israel. They play the tune and we dance to it.
According to Thomas Massie, every US Congressman with a few exceptions) has an AIPAC handler assigned to them to "advise them on the correct policy towards the Zionists".
"The Achilles heel of the over-leveraged Western financial system is a shortage of cheap hydrocarbons." The US is a net exporter of said hydrocarbons. If gas/oil prices go up (as Iran tries to retaliate against Saudi Arabia, assuming a US failure to protect them), global prices go up, but it will form a decoupling between US and non-US prices. The short stick will go to China and India, that will no longer get ultra-cheap illegal Iranian oil, and Europe. Some US companies will make a killing, and overall the US economy will get the least fucked up. If this leads to money printing (likely), then yes, bitcoin will go up faster.
Hayes is smart and knows his numbers... so I find it hard to believe he actually believes the WW3 FUD around what's a local Middle East conflict, nor that he thinks the relatively tiny US military coupons (which are btw just that - coupons, a way for US gov't to pay its own defense industries by funneling the money through Israel, since the money literally cannot be used for anything else) make any sort of difference for US macro-economics.
So I suggest taking this writeup as a "what is Hayes trying to convince other market participants to do" perspective.
So much nonsense just to support a narrative -- corrections:
1) Gold and stocks rose after 1973 due to the collapse of the Bretton Woods system, it has nothing to do with oil prices (mere correlation).
2) Even if you call bitcoin "stored energy in digital form", energy prices have no effect on bitcoin's price. Energy prices don't affect adoption and don't make people have more money to buy bitcoin (money liquidity does).
3) A military aid of $17.9 billion is not even a tiny drop in the bucket when you put things into perspective with 2023 US deficit being $1.7 trillion(!) and the total US debt as 2023 December being $33.1 trillion(!) so has no influence on total US debt.
Actually, the USA is a vassal state of Israel. They play the tune and we dance to it.
According to Thomas Massie, every US Congressman with a few exceptions) has an AIPAC handler assigned to them to "advise them on the correct policy towards the Zionists".
"The Achilles heel of the over-leveraged Western financial system is a shortage of cheap hydrocarbons." The US is a net exporter of said hydrocarbons. If gas/oil prices go up (as Iran tries to retaliate against Saudi Arabia, assuming a US failure to protect them), global prices go up, but it will form a decoupling between US and non-US prices. The short stick will go to China and India, that will no longer get ultra-cheap illegal Iranian oil, and Europe. Some US companies will make a killing, and overall the US economy will get the least fucked up. If this leads to money printing (likely), then yes, bitcoin will go up faster.
Let's go
Masterfully written...
Hayes is smart and knows his numbers... so I find it hard to believe he actually believes the WW3 FUD around what's a local Middle East conflict, nor that he thinks the relatively tiny US military coupons (which are btw just that - coupons, a way for US gov't to pay its own defense industries by funneling the money through Israel, since the money literally cannot be used for anything else) make any sort of difference for US macro-economics.
So I suggest taking this writeup as a "what is Hayes trying to convince other market participants to do" perspective.
Gracias¡