Enthusiastic fixer of negative affirmations; I prefer to accept inconvenient truths and reject comforting lies. A man's got to do what a man's got to do.
@TheDemSlayer@DonaldJTrumpJr Is it possible to agree with everything you said and conclude that the USofA needs to pressure Middle Eastern nations to focus their energies/(sovereign wealth funds) on dealing with their disfunctional neighbor, because it's their job to do so?
@LukeGromen Because printing dollars requires also selling newly created treasuries, which with all else being equal will raise rates. So the answer is that they (we) have reached our balance sheet capacity.
@LukeGromen I don't think he gives a $h!t. It appears he's saying there doesn't seem to be a viable alternate to the dollar system, while Trump appears to be building a viable alternate to the Hormuz system.
IMHO
@PeterSchiff Maybe, rather than $GOLD and $BTC viewed as acting opposite, could it be that it's all part of the same "debasement" position but being rebalanced? One of them had to move first, and it makes sense to rotate profits into the probable next mover. IMHO
@Malone_Wealth Liquidity reserves are running out. What happens next depends on how the FED responds to the next liquidity shock /repo rate spike. Most likely, same as usual; they'll pump with asset prices continuing to run from the middle class.
@SantiagoAuFund It appears to be private sector QE, which directly injects liquidity into the real economy. Unlike the FED QE, which is on the wrong side of the bank ballance sheet to actually add liquidity to the real economy.
@LukeGromen This is great news.
Whatever bankrupts the post-modern student loan farms and Boomer professor gravy train pension machine is a great thing.