Here is my prophecy:
Next CPI print: 2.9%
Next FOMC: Fed funds rate cut by 25 bps
Markets: start to rip hard
Final FOMC before the 2024 election: Fed funds rate cut by another 25 bps
Markets: rip harder
Biden admin: claims economic victory on rate cut driven market pamp but loses the king clown contest anyways
Trump admin: commits to ZIRP, DXY gets slaughtered and markets rip way beyond ATHs
Dollar continues to weaken vs real assets and commodities and USD endgame hyperinflation begins
No one want to hold US dollars, SoV assets ballon, mal-investment and social debauchery run rampant
Trump admin: starts UBI and airdrop stimmies and other commie policies to quell public anger and frustration
Fiat death spiral of world reserve currency intensifies and many other weaker fiats implode along the way
World begins rush into Bitcoin in earnest out of necessity
Trump disgraced and run out of the country
Some creepy new populist politician takes advantage, gets into office and fiat2.0 is born but never taken seriously
Global #Bitcoin standard coalesces after the massive carnage
That's an interesting 12 months ahead you have envisioned there🤔😳😂.
5 years
Aaah, that's all fine then, carry on😬🫡.
It’s very likely that they set Trump up to be the fall man, especially if they know they can’t win. It’s like leaving a bomb on his desk.
He is an easy money clown though and the dollar is already on very shaky ground. His administration will likely go ZIRP and deficits will keep skyrocketing. Very poetical end for the dollar would be easy money policy to hyperinflation from a reality tv star / known grifter
What do you think of his recent pivot to Bitcoin? I wonder if he’s woken up to this strategy
Purely political pandering imo