Close friends: please interact with this account because X/twitter thinks I’m a bot. You can follow if you’re interested in seeing research I do in my free time. Not exactly exciting content
Thank you!
https://t.co/G5JebxUGMy
I don’t know how to get this across to people. The US tripled its money supply in the past 18 years. It held interest rates at zero for nine of those years. Everyone thinks mortgage rates should be 3.5% and the stock market only goes up. Stocks were overvalued and interest rates were artificially low. How come no one thinks there is a price to be paid for that? All we are doing is returning to normal after a bender.
@_patron_8@SoonerScoopMike@PeteThamel It was going to be Mullen then they pivoted. keep paying for Scoop's inferior product grandpa. i like to stay up to date
MSTR borrows money and issues shares to buy more #Bitcoin. As a result, the price of Bitcoin goes up, which causes the price of $MSTR to increase, allowing it to borrow more money and sell more shares to buy even more Bitcoin. Wash, rinse, repeat—what could possibly go wrong?