Raoul Pal dropping some knowledge bombs. Describes the predicament the 99% feel in objective charts. Everyone is looking for an investment to get them out of this hole. Flows into #Bitcoin makes total sense in this economic environment.
Do we have the wrong denominator?
Many of us believe that Fed money printing is creating an asset bubble. But when we switch the denominator to the Fed balance sheet equities looks fairly priced...
Around 4000 people currently sheltering at the beach in #Mallacoota. Reports they’ve been told to jump into the water if the Cfa sounds their sirens. #AustralianFires#vicfires#gippsland
@ChicoFerro81 It seems like the move is not backed up by the national bank but it is more like a business partnership between a crypto exchange and the tobacco shops. To be followed...