Weekly Roundup 11/12/21 (Inflation hits 6.2%, Discord dithers on Web3, Is is really about the supply chain?) (EP.259)
On The Brink with Castle Island
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What Happens Now With These Massive Government Expensions?
Big coins rise as a macro asset becomes pretty compelling if you have this type of backdropy i was looking at real rates yesterday, and they're down to the lowest levels that they reached in the 19 seventies. And so you're dealing with effectively a confiscation, a luke roman calls it monetary repression. It's basically a situation in which if you hold dollars, you're a big loser. The yield on the debt has not increased to account for the fact that there's a massof inflation spike.
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