Category Archives: News

How US Treasuries Are Subsidizing This Sector of Crypto

The pundits would have you believe this is an “everything is going down” market. The Fed is going to kill everything. That’s not true. Higher interest rates are a boon to one sector of crypto: stablecoins. This is a list showing the total amount of US-backed stablecoins that have been issued in the world of crypto. The sum… Read More »

It’s The War, Stupid

  What caused the Great Inflation of the 1970s? Most crypto enthusiasts would say it was the collapse of the Bretton Woods Agreement in 1971 when Nixon took the US dollar off the gold standard. But the Bretton Woods collapse was only a symptom. It did not cause the economical turmoil of the seventies, such as the Sterling crisis of 1976 (almost bankrupting… Read More »

The Monsters Come Out from Under the Bed

Hello Dear Reader. Welcome to my world. The world where you thought your assets were safe, your pension secure, and your savings guaranteed: That world is gone, perhaps forever. Now everything is crypto. Guess which asset dropped 2.5% this month? Bitcoin. And September is supposed to be a lousy month for bitcoin. But what dropped 19% this month?… Read More »

The Stock Market Crash That Never Was

Everybody is talking about 2008, 2001, or even 1931. The year of bad stock market crashes. Because the bears are out and saying 2022 will go down in the history books as one of “those” years. But nobody is talking about 1982. That’s the year Paul Volcker jacked interest rates to 21%. That’s important because Jerome Powell has… Read More »