Sierra Whisker Bravo on Nostr: I think it’s a matter of when, not if. It’s increasingly looking like the answer ...
I think it’s a matter of when, not if. It’s increasingly looking like the answer is months instead of years. $100k by end of year is only a 50% increase. Weirder things have happened. The 2025 prediction is the one I have issue with. Only a 50% increase next year would be odd, historically speaking. The year after a halving has had huge gains trough to peak. Like 4x in 2021 to 20x in 2017. If we get even half of the run that 2021 had we’re looking at $200k based on his $100k EOY prediction.
It feels to me the macro situation of the US debt problem is a lot more mainstream. A lot more people are talking about fiscal dominance. And these warnings from Powell and Yelen should be viewed from the lens of their positions in the system. The fact THEY of all people are making the comments they are should be a blaring alarm to anyone paying attention.
It feels to me the macro situation of the US debt problem is a lot more mainstream. A lot more people are talking about fiscal dominance. And these warnings from Powell and Yelen should be viewed from the lens of their positions in the system. The fact THEY of all people are making the comments they are should be a blaring alarm to anyone paying attention.