No matter who wins the election, their policies will cause a recession. They can't kick the can forever. And a recession is the only way to get rates back down. 

 The US will end up like Japan. Look up the theory of debt deflation. 

 The stagflation hypothesis is flawed. Stagflation would almost certainly lead to hyperinflation. I think debt deflation is more likely. The government would have to really fuck up for stagflation to happen. 

 The craziest thing about that guy was that it happened in early 2008. I was 18, and he couldn't have been that much older than me. I wonder who he was. 

 In the late 2000s, I met someone on the bus who told me about bitcoin. I didn't know what the fuck he was talking about. Distributed ledger? Mining for digital currency by solving puzzles? I thought it might be legit, but there was no was I would be able to explain it to my girlfriend, so I should just forget about it.

Not listening to that crazy dude on the bus was the biggest mistake of my life. I still think about that day everytime I look at the price of bitcoin. He was young, and he definitely didn't look rich. I couldn't understand why anyone would want to do that. But he was right. 

 The US economy is strong, bond yields are high... why wouldn't anyone be bullish on the dollar? 

 People are ditching dollars because their money is becoming worthless. This is how a crackup boom starts. 

 Inflation is coming down, but everyone is still betting on inflation? Why? Bond yields keep going up. Do people really think there is going to be stagflation? 

 It's a crack-up boom. You don't think the government will stop it? 

 Saylor isn't a genius, he's just a regular bull. 

 Governments are increasing liquidity because their economies are slowing down. This is not bullish. 

 How can anyone resist buying US bonds at these prices? How much lower are they going to go? 

 Has anything ever happened to you that was so crazy, you can't believe it actually happened? 

 Deflation is more likely than runaway inflation. I don't know why everyone is betting on inflation. 

 Bitcoin is going to 36k 

 Bitcoin, gold, and silver are all up. Bond yields are up. Everyone is betting on inflation. Nobody thinks the fed is going to cut until they hit the neutral rate, or they think the neutral rate is higher than previously estimated.

If people thought inflation was coming down, they would be buying bonds. If people thought rates were coming down, the dollar wouldn't be going up. 

 Just smoked a lollipop, think I'm gonna eat some soup 

 Been a while since I've been on nostr. I love how diverse it is, and I'm surprised at how well it works. It's just better than regular social media