Hyperinflation is 50% monthly inflation. Last month $USD hit 25%.Hyperinflation, as in Zimbabwe, Venezuela and Weimar Republic. This is simple math, not hyperbole. Why do US stocks go BOOM? The Fed's added 49% to the money supply since COVID. We explore this monetary inflation's effect on tokenized, liquid gold.
We're back! The team that called the collapse of Bear Stearns, Lehman, GGP, WaMu, Countrywide, European debt crisis, MBIA, commercial real estate crash, among others - is here to announce the continuation of the great unwind from 2008, and it will be that much uglier and last that much longer. This is our BASE case scenario! Here's the ugly macro view and a short we put on over the last few days...
Disruptor-in-Chief with an established track record of investment & fintech operational expertise confronts the most world's renown macro academic & crypto naysayer. Davos will never be the same way again!
The Bank of International Settlements turbocharged its misinformation pump with a report titled “Cryptocurrencies: Looking Beyond the Hype!” wherein they illustrate how unsuitable cryptos are as currencies. Of course, they forgot the positives of crypto as well as rampant boom/bust cycles, crumbling currencies unions, negative interest rates and a reserve currency that's lost 95% of its value under CB regimes.
Comparing the unleashed value of public blockchain tokens to the S&P 500. This is the reason why institutions are pushing for Bitcoin and Ethereum ETFs!
The Winkelvoss Bitcoin ETF just might be salvageable. There were some fairly egregious misconceptions and dated understandings in the SEC's reasoning to reject the application. I can show those who are interested how to construct a stronger application that overcomes the objections. The demand is there, we just need to get the vehicle correct.
Verizon, Sprint & AT&T are going to experience MASSIVE margin compression due to the upstarts over at T-Mobile. It's probably going to be worse than it sounds.
The race to negative margin in the US wireless carrier industry is on. Very good for the consumer, but when will the carriers realize it's time to monetize those dumb pipes they own with something actually useful. Google Maps, Dropbox, Netflix and Facebook should have all been carriers subsidiaries, but instead they'd rather charge us per character for text messages.
