Money/inflation, the Fed, Banking, Monetary Policy, Dollar, BTC, crypto, Gold

[ya]

Please see projected baseline  monthly returns for BTC. We are in the 5th epoch. Note the Standard Deviation too. The full article can be read here. BTC follows the power law, will post it  later. Per the article, the CAGR is 35 %/year for the next 4 years. This jives with the calculator that I posted earlier. https://substack.com/home/post/p-144303111

[DougMacG]

Video at link.  THIS is the President's chief 'economic' adviser, (he holds a degree in social work).  Asked the simplest of questions. [We spend 40% more than we take in.]  We print money, why do we borrow at all?

This is sort of the, mommy where do babies come from question.

https://twitter.com/FindingMoneyDoc/status/1786050601236779078

Would you put all your trust and the full faith and credit of the United States in the hands of this man?

He doesn't need a degree in economics because there really isn't that 6pmmuch to learn??

He refers to MMT, which seems to be the groundwork for no constraints spending:
https://en.m.wikipedia.org/wiki/Modern_monetary_theory

Source video:  https://findingmoneyfilm.com/

[ccp]

Money doesn't grow on trees.

Bernstein:

Money is made on government printing presses.  (falsely!)

[ya]

[Crafty_Dog]

https://decrypt.co/218739/trump-bitcoin-stance

Also see

https://decrypt.co/230007/biden-vows-to-kill-bill-to-retract-sec-crypto-banking-policy

[ya]

Now that April is over, there are multiple reports of this fund or that adding BTC to their portfolios. The most interesting one is below from Europe. These UCIT funds are 12 Trillion Euros in assets, even a percentage or two, could have massive effects. HK is discussing with China to allow mainland chinese to buy BTC ETF's. Things are moving, just slowly.

https://twitter.com/paddi_hansen/status/1788877780215591137

[ccp]

" Speaking to Fox News ahead of the state's Republican Primary, Trump explained that "many people are embracing" Bitcoin and he's "seeing people wanting to pay [with] Bitcoin," and that he can "live with it one way or the other."