Oddbean new post about | logout
 mandibles

https://m.primal.net/HQDB.png 
 Drink 
 add cream on top
#[2] 
 DRINK!!! 
 Replying “mandibles” to posts 👍
Replying “mandibles” to everyday irl normie conversation 🤙 
 They aren't stupid, and play the very long game. Meanwhile, we(USA) play the fiat short game.

#mandibles 
 The Chinese are even more fiatey than the USA.   
 Not so sure. They have been mining, keeping, and mining an amazing amount of gold. 
 reduction of 38%.
and an increase of about 1000% in gold 
 Front-running the default is the easiest trade in history 
 Seems right to me. Always a good idea to protect one’s self. 🤷🏼‍♂️ 
 💜 
 That's an omen  
 Very telling set up. 
 The chat is not inflation adjusted, which would make it even worse  
 Everything I’m hearing out of China (from actual Chinese speakers/readers with friends and family there) is that China is imploding in real time. Far faster than the Western world. But they hide things well because of their expertise in propaganda and their reliance on how NOBODY in the West reads or speaks Chinese. 
 Bonds bought between '10 and '22 are heavily under water at the moment. It doesn't make sense to sell them now at a massive loss. 

Maybe this chart is just reflecting the fact that many of the purchased bonds lost up to 60% of their $ value. 
 I've heard that is indeed largely the case.

But, whether it makes sense to sell the underwater bonds right now? - hell yea. They are nowhere near the bottom in BTC terms. There is no bottom. 
 That is a prime reason for inflation. 
 ... then #Bitcoin standard. 
 Maybe the two notes have some connections? #Xi maybe sh*t a little into #Hillary's plans? We are living in some interesting times. 

P.s. don't forget that even if the #FED lowers its rates there's no guarantee that the treasuries will follow...👀😁

nostr:nevent1qqsprg6aqu80f0flcm2sumgjf7lm7knlr63xxdr0agzyu2mp0vk256cpz9mhxue69uhkummnw3ezuamfdejj7q3qqny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysxpqqqqqqzv7lchq

nostr:nevent1qqs0c7aanz32g9ymm3h54403p48fvmmg67ddl6tqw7fpvff953wn9zgppemhxue69uhkummn9ekx7mp0qgspvjzhxgd8krn5q0sg7xl0szt84j5nshaaup9hrk3wgsqssg75dtgrqsqqqqqpuxecrf