That gold in the 1970s chart is quite telling. Can't imagine it was easy holding gold that decade but the diamond hands came out of those 10 years much better off!
"The US Government is insolvent if we treat it as a business" this is what really stood out for me in this piece.
An the mentioning of Paul Volcker, I really enjoy the interview he did with ray dalio, helps understand his rationale into his decision making during his time.
The Fed’s Big Decision: Destroy the Middle Class or Destroy the Middle Class (Part 2)
That gold in the 1970s chart is quite telling. Can't imagine it was easy holding gold that decade but the diamond hands came out of those 10 years much better off!
This is a brilliant piece bro! 🤝🤝 The impending debt spiral is very little understood and you tackled this so well here
"The US Government is insolvent if we treat it as a business" this is what really stood out for me in this piece.
An the mentioning of Paul Volcker, I really enjoy the interview he did with ray dalio, helps understand his rationale into his decision making during his time.