Spencer on Nostr: Global markets are waiting for Jerome Powell to announce what he's decided the supply ...

Global markets are waiting for Jerome Powell to announce what he's decided the supply of money will be.

The prices of everything in the world will be affected.

Do you see how silly this is?

Imagine home builders waiting for Tim Taylor (Home Improvement) to decide how many inches are in a foot before they ordered lumber.

We can build homes because the measuring tapes aren't changing.

We can launch satellites because Newton discovered the gravitational constant.

Constants offer a solid foundation to build upon.

Bitcoin is the first monetary constant.

21 million coins issued on a predictable schedule, regardless of demand.

And it's a big deal.

As the central bankers wildly swerve between inflation and deflation, humanity will organize around a predictable monetary constant.

And in the process, we'll unlock a new level of economic achievement that makes today look like the dark ages.