RG

[Miles Deutscher @milesdeutscher]

Since 1964, the S&P 500 is up 10,084%.

The average salary is only up 1,196%.

Do everything in your power to accumulate hard assets.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: US M2 money supply surged +$102.8 billion in July, to a record $23.22 trillion.

This marks the 27th consecutive monthly increase.

Since the start of 2026, M2 has now risen +$862.7 billion.

Furthermore, money supply now stands $1.43 trillion above the March 2022 peak.

Since 2000, money in circulation has grown at an average annual rate of +6.3%, or ~$700 billion a year.

US money creation is expanding at a rapid pace.

[RG @rgrizzl]

@42Macro YCC is inevitable 💯 id argue we’ve been in stagflation for 2 decades gdp is largely a mirage of underreported inflation minimizing the deflators and immigration. Its more deficit spending and capital redistribution and finalization than broad productivity.

[Darius Dale @DariusDale42]

Please like and repost if you agree with Jeffrey. 💜

[RG @rgrizzl]

@DariusDale42 Hey skipper,
The issue with Ai is capital scarcity. You have to throw out the idea the system is flush with liquidity and think it doesn’t have enough actual capital to cover global settlements evething currently happening is designed to allow treasury to finance.

[RG @rgrizzl]

@DariusDale42 Skipper, the message finds the seeker. A comfortable lie is more appealing than the hard truth. If your called to serve, serve, it’s not for you who receives it. 🙏🏾

[RG @rgrizzl]

@DariusDale42 If you think about it, it was always going to be this way. They’re just consolidating (shortening the chains) Democracy was a weapon of deception, Governments are subordinate

[RG @rgrizzl]

@DariusDale42 we’re 3+ decades into financial repression, cpi methodology understates loss of purchasing power, deflator overstated deficit led growth (GDP) and labour stats mask decay, consumer holding nominally (Fed is late. Real Rates are - & restrictive, Fiscal dominance 🐘, scarcity🤷🏽‍♂️

[RG @rgrizzl]

@DariusDale42 @42Macro Supply side not demand side I meant

[RG @rgrizzl]

@DariusDale42 @42Macro Agreed scarcity is misspriced in markets currently inflation is demand side. This is a credibility anchor more than a monetary policy decision. Fiscal dominance is driving the train. Bonds demanding protection against debasement. And when you adjust the deflator growth flat/-

[RG @rgrizzl]

@Bitcoin_Teddy

[RG @rgrizzl]

@DariusDale42 @42Macro It’s my opinion Scarcity is miss priced in the market, scarcity on most inputs including capital rates are too restrictive, Fed is already late as your chart suggest growth is public and transfers funded. I also argue if you use a real inflation deflator vs CPI it’s negative.

[42 Macro 🇺🇸 @42Macro]

Are you positioned for 42 Macro’s Chart of the Day?

A picture can be worth a 1,000bps of performance.

Have a great day!

[Bitbuy @bitbuy]

Ever wonder what "term premium" means?

It’s the extra yield investors demand for holding long-term bonds instead of short-term ones.

Why?

More time means more uncertainty around inflation, policy, and growth.

When uncertainty rises, term premium rises.

This pushes long yields up and tightens financial conditions even without rate hikes.

What's the impact on markets?

Higher term premium means investors want more return to hold long-duration risk.

That pressures valuations, spikes volatility, and pulls capital from speculative assets.

Risk assets including crypto tend to underperform in these conditions.

Liquidity tightens and capital rotates toward stability.

The market is repricing risk, not just rates.

Disclaimer: For educational purposes only. Not a guarantee of future performance. Cryptocurrency trading involves significant risk. See full disclaimer. Source: Federal Reserve

[Bitbuy @bitbuy]

POV: You’ve been in Crypto for over half a Decade.

[RG @rgrizzl]

@KobeissiLetter Driven by Massive amount of liquidity, passive flows, Fed put, and Government debt.

[RG @rgrizzl]

@KobeissiLetter Unfortunately still 3.5 x pre 2008 GFC

[RG @rgrizzl]

@bitcoinarchive

[RG @rgrizzl]

@DividendGrowth

[RG @rgrizzl]

@GarethSoloway I think this should really highlight the amount of Leverage in crypto currently S&P -3% crypto -35-40% On Narrative, but never reacted to three rate pauses after pricing in 3-4 cuts at the beginning of the year.