Share this discussion
Comment by Anonymint on Crypto Trader Digest
QUOTE: โ๐๐ด๐ช๐ฏ๐จ ๐ง๐ช๐ฏ๐ข๐ฏ๐ค๐ช๐ข๐ญ ๐ณ๐ฆ๐ฑ๐ณ๐ฆ๐ด๐ด๐ช๐ฐ๐ฏ ๐ต๐ฐ ๐ฆ๐ฏ๐ด๐ถ๐ณ๐ฆ ๐ต๐ฉ๐ข๐ต ๐ฏ๐ฐ๐ฎ๐ช๐ฏ๐ขโฆ
28 Comments
ยฉ 2024 Arthur Hayes
Substack is the home for great culture
QUOTE: โ๐๐ด๐ช๐ฏ๐จ ๐ง๐ช๐ฏ๐ข๐ฏ๐ค๐ช๐ข๐ญ ๐ณ๐ฆ๐ฑ๐ณ๐ฆ๐ด๐ด๐ช๐ฐ๐ฏ ๐ต๐ฐ ๐ฆ๐ฏ๐ด๐ถ๐ณ๐ฆ ๐ต๐ฉ๐ข๐ต ๐ฏ๐ฐ๐ฎ๐ช๐ฏ๐ข๐ญ ๐๐๐ ๐จ๐ณ๐ฐ๐ธ๐ต๐ฉ ๐ช๐ด ๐ฉ๐ช๐จ๐ฉ๐ฆ๐ณ ๐ต๐ฉ๐ข๐ฏ ๐ฃ๐ฐ๐ฏ๐ฅ ๐บ๐ช๐ฆ๐ญ๐ฅ๐ด โฆ ๐๐ฏ๐ง๐ญ๐ข๐ต๐ช๐ฐ๐ฏ ๐ฃ๐ฆ๐ค๐ฐ๐ฎ๐ฆ๐ด ๐ด๐ต๐ช๐ค๐ฌ๐บ ๐ฃ๐ฆ๐ค๐ข๐ถ๐ด๐ฆ ๐ฏ๐ฐ๐ฎ๐ช๐ฏ๐ข๐ญ ๐๐๐ ๐จ๐ณ๐ฐ๐ธ๐ต๐ฉ > ๐จ๐ฐ๐ท๐ฆ๐ณ๐ฏ๐ฎ๐ฆ๐ฏ๐ต ๐ฃ๐ฐ๐ฏ๐ฅ ๐บ๐ช๐ฆ๐ญ๐ฅ๐ด โฆ ๐๐ง/๐ธ๐ฉ๐ฆ๐ฏ ๐ต๐ฉ๐ฆ ๐ฎ๐ข๐ณ๐ฌ๐ฆ๐ต [refuses financial repression] ๐ฐ๐ฏ ๐ต๐ฉ๐ฆ๐ช๐ณ ๐๐ ๐๐ณ๐ฆ๐ข๐ด๐ถ๐ณ๐ช๐ฆ๐ด, ๐ต๐ฉ๐ฆ๐ฏ ๐ต๐ฉ๐ฆ ๐ซ๐ช๐จ ๐ธ๐ช๐ญ๐ญ ๐ฃ๐ฆ ๐ถ๐ฑ. ๐๐ฉ๐ฆ ๐๐ฆ๐ฅ ๐ฎ๐ถ๐ด๐ต ๐ต๐ฉ๐ฆ๐ฏ ๐ฆ๐ช๐ต๐ฉ๐ฆ๐ณ ๐ง๐ฐ๐ณ๐ฃ๐ช๐ฅ ๐ฃ๐ข๐ฏ๐ฌ๐ด ๐ง๐ณ๐ฐ๐ฎ ๐ข๐ญ๐ญ๐ฐ๐ธ๐ช๐ฏ๐จ ๐ต๐ณ๐ข๐ฏ๐ด๐ง๐ฆ๐ณ๐ด ๐ต๐ฐ ๐ฅ๐ช๐จ๐ช๐ต๐ข๐ญ ๐ง๐ช๐ฏ๐ต๐ฆ๐ค๐ฉ๐ด ๐ฐ๐ง๐ง๐ฆ๐ณ๐ช๐ฏ๐จ ๐ฑ๐ฉ๐บ๐ด๐ช๐ค๐ข๐ญ ๐ค๐ณ๐บ๐ฑ๐ต๐ฐ๐ค๐ถ๐ณ๐ณ๐ฆ๐ฏ๐ค๐ช๐ฆ๐ด, ๐ฐ๐ณ ๐ช๐ต ๐ฎ๐ถ๐ด๐ต ๐ณ๐ฆ๐ด๐ต๐ข๐ณ๐ต ๐ฒ๐ถ๐ข๐ฏ๐ต๐ช๐ต๐ข๐ต๐ช๐ท๐ฆ ๐ฆ๐ข๐ด๐ช๐ฏ๐จ (๐ข๐ฌ๐ข ๐ฎ๐ฐ๐ฏ๐ฆ๐บ ๐ฑ๐ณ๐ช๐ฏ๐ต๐ช๐ฏ๐จ) ๐ข๐ฏ๐ฅ ๐ฃ๐ถ๐บ ๐ฃ๐ฐ๐ฏ๐ฅ๐ด ๐ต๐ฐ ๐ฆ๐ฏ๐ด๐ถ๐ณ๐ฆ ๐ต๐ฉ๐ฆ๐ช๐ณ ๐บ๐ช๐ฆ๐ญ๐ฅ ๐ช๐ด ๐ญ๐ฆ๐ด๐ด ๐ต๐ฉ๐ข๐ฏ ๐ฏ๐ฐ๐ฎ๐ช๐ฏ๐ข๐ญ ๐๐๐ ๐จ๐ณ๐ฐ๐ธ๐ต๐ฉ.โ
Doesnโt your Kaiseki blog (https://cryptohayes.substack.com/p/kaiseki-b15230bdd09e) apply here? For subtle financial repression must eventually become overt. The inflate-away-the-debt-to-GDP ratio also corresponds to consolidating the banking system into the Fedโs direct-to-window orbit[1] and provides the pretext to push everyone onto a Hotel California-esque CBDC. FedNow should help accelerate panic bank runs at the precipice.
Bitcoinโs decline abated as the (e.g. FTX, etc) leverage bled out of the system, lurched higher with BTFP, and stalled ostensibly awaiting a genuine Fed pause perhaps on November 1 with the 10 year ostensibly recently doing the work that another Fed Funds hike would have.
Should we rule out a March 2020 โblackswanโ to spike the QE punch bowl again? The Ukraine war is approaching another inflection point as Ukraineโs front line offensive having literally bled out its human fodder[2] is allegedly about to be overrun by 750k Russian conscripts with Congress refusing to send more aid. Will our cluster bombs be deployed against Russian civilians forcing Putin to take more drastic action such as nuking Kiev? The Neocons might see that as a Pearl Harbor to increase American support for OUR aggression in Ukraine since 2008 at least with the rejection of U.S. Ambassador William Burnsโ โnyet means nyetโ (no means no) communique. The complex political factor being the Neocons need plausible cover for a far too visible stealing again or even outright canceling the 2024 POTUS election, thus their backs are also up against the wall and becoming increasing desperate. Me thinks someone who created Bitcoin is playing all parties off on each other to usher in a dystopian NWO. You may not realize how dystopian Bitcoin is. Hope you have stored your BTC in addresses that begin with 1, not 3 nor bc1.
[1] For as long as the yield curve remains inverted such that the banks are borrowing short (i.e. liquid deposits) at higher interest rates to than to lend long (e.g. mortgage loans), of which anticipation of a recession, staying liquid to BTFD/BTFP and risk-free, highly liquid, high yield at the Fed window (via money markets) may be some of the subtle financial repression driving factors?
[2] Now forced to conscript old men and females, begging EU countries to force their male refugees back to Ukraine.
P.S. Iโm enthused to discover that you are cross-posting on Substack, although I slightly prefer the tighter kerning on Mediumโs reading font. I was banned from the increasingly pay-walled Medium and all my content was deleted. I expect the same outcome on Substack eventually. Highly sensitive political content not recorded on an indelible block chain has a half-life measured in years, even months if one of the major social networks, not decades.
You know absolutely nothing about the war in Ukraine or the Ukrainian people.
You got that backwards. You know absolutely nothing.
https://archive.today/https://www.quora.com/What-is-billionaire-George-Sorosโ-ultimate-agenda/answer/S-Moore-152