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Balajis

@balajis
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  • You still don't get it. The Fed is devaluing the dollar. It's what Dalio predicted: monetization of the debt. All the wars "paid" for in an orgy of printing. Dollars worth toilet paper on the other end. This isn't about making money at all. It's abou
    You still don't get it. The Fed is devaluing the dollar. It's what Dalio predicted: monetization of the debt. All the wars 'paid' for in an orgy of printing. Dollars worth toilet paper on the other end. This isn't about making money at all. It's abou
    Comments 0
  • In 2021, the worst bet was long-term Treasuries. In 2023, the worst bet is short-term Treasuries. Because in the event people exit to #Bitcoin during this time you have three big risks. You are illiquid. Your assets can be frozen. And your assets c
    In 2021, the worst bet was long-term Treasuries. In 2023, the worst bet is short-term Treasuries.  Because in the event people exit to #Bitcoin during this time you have three big risks.  You are illiquid. Your assets can be frozen. And your assets c
    Comments 0
  • Imagine this graph, but in fast forward. That’s what happens when people exit a failing fiat currency and enter gold. In this case, they’ll exit the dollar and enter digital gold. The bet isn’t a way to make money. It’s a wa
    Imagine this graph, but in fast forward.  That’s what happens when people exit a failing fiat currency and enter gold. In this case, they’ll exit the dollar and enter digital gold.  The bet isn’t a way to make money. It’s a wa
    Comments 0
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