Search results

https://www.zerohedge.com/markets/shiller-ecy-justification-sky-high-stock-prices To me, TINA is a very flawled thesis. What it misses is that lower interest rates are usually (especially in present times) the result of falling inflation and real growth expectations. So lower earnings growth is...

A video from 2011 talking about Bitcoin, with BTC trading at $19 This quote says it all "Now the critics of Bitcoin have said that its a ponzi scheme and its gonna crash, well..." 9 years and a 1000x return later and the critics are still saying the same thing

I guess they showed you the books huh

So far long-term bond markets don't seem to be disturbed very much by these policies, but gold markets seem to be more. Which to me is an indication that markets think its a tail risk but not a significant baseline risk. The significant risk is countries becoming more like Japan. But all of that...

Just found a interesting article from Milton Friedman talking about the Gold Standard https://miltonfriedman.hoover.org/friedman_images/Collections/2016c21/SundayTimes_1976_3.pdf The whole thing is worth a read. In it he had this quote "A valid question is this: If you view gold solely as a...

Dude, are you mentally retarded? Its a thread about these crypto staking companies, wtf do you think I'm referring to when I say these companies? jesus christ And I'm not talking about an hedged book exposed to volatility, I'm talking about a DE FACTO exposure to a significant rise in...

I'm skeptical of these companies. Celsius has what they call their "audit" and its a one page PDF written probably by themselves. It doesnt even include the addreses of where they are holding their crypto. In any event, these companies will be fine 95%+ of the time. Its every once and a while...

I'm not looking for hand holding, I'm looking for someone to throw at me some really strong arguments for staking BTC/ETH. Even though there are too many clueless posters on ET, sometimes there are good posters. I learned somethings on this forum from @Specterx debating me recently. Its also...

I dont know where you get 10% per year staking BTC. You must be referring to the futures arb, which is more like a job than anything else. BlockFi and the other sites I have seem dont pay anywhere near that. And its hard to do any work (due diligence) when there is not much data to go by, no...

that doesnt solve the problem because even if ONE of these companies go bk, you give up so much in terms of expected value that your entire effort was a negative expected value proposition

If I have $100,000 sitting on the bank earning 0% and the Fed is targeting 2% inflation, I'm losing 2% a year. Then I decide to lend to ABC company at 5%. I'm risking IT ALL (If ABC goes bk) in order to protect my asset from the Fed. That is a defensible decision But if I have $100,000 worth of...

If BlockFi goes out of business due a number of reasons, you wont get 1BTC back

Most people that buy BTC, like it and then they buy more. Its a financial vortex like nothing I have ever seen. Underestimate at your own peril

I'm referring to lending BTC or ETH, not lending shitcoins, shitcoins might be a different situation but I see some sites like BlockFi offering 3% a year for BTC pledgers or 5.25% for ETH. It sounds great, you can generate yield on your otherwise static crypto. But lets breakdown this decision...

Good piece on inflation https://www.economist.com/briefing/2020/12/12/a-surge-in-inflation-looks-unlikely I agree that a surge in inflation looks unlikely in Europe and Japan. But I don't in the US. The fact that they have now an 'average inflation' target speaks volumes. They are commited into...

The fact that they don't own any

They were buying treasuries and injecting reserves in the system almost every year

The whole EUR zone is madness to me. I like what they do on trade, regulatory matters, freedom of capital flow and people. I dont like what they do on currency. Everyone having the same currency and being a hostage to the ECB. Greece needs looser monetary policy than Germany right now, so what...

https://www.zerohedge.com/economics/greece-setting-itself-another-financial-crisis Greece going from bad to worse. I was optimistic on Greece, then covid hit, at this point given that they are stuck in the EUR standard (that works similarly to the gold standard) they can't stimulate their...

Central banks realized with Bitcoin that they were decades behind the technology so now they are catching up. Instant fiat payments are the future, however they will have some negative aspects that will drive some people towards bitcoin and other cryptos -If government want to implement negative...