There is a rising probability that we have a super cycle based on:
Increasing interest payments that need monetizing via the bank of system
The reliance on short term bill issuance reducing cyclically of debt rollover.
The largest capex boom in history based on the most important tech ever.
An potential explosion in bank credit to finance the capex
A global race between China and the US that can't be stopped.
The only thing that stops this is if services inflation disinflation (via productivity) doesn't offset goods inflation. It did in the 90's but that is the key variable now.
According to the Universal Code, almost all available capital will flow into increasing output of intelligence per unit of energy (and the lowering of electricity costs) at the transition phase when we enter the Economic Singularity ie when intelligence exponentially increases faster than current economic and political systems operate.
Not a certainty but a rising probability
๐จ As promised, $BTC hit $79,000
I want to change someone's life and send 0.5 $BTC (~$40,800) to one person by tomorrow
Just like, RT and reply '+'
Must be following
@ZssBecker Excited to see you post crypto video content again. It has been since October.
I see you post about being in DFW. I work restaurants in the market. Someday our paths may cross...
One of the few faithful through these ups & downs in the market who doesnt complain.