WTF is happening with the Fed? WTF 7
CK and new co-host Ansel Lindner discuss the recent ruling in German courts that deemed QE activity by the European Central Bank to be illegal.
The Fundamentals Report
Our popular weekly macro newsletter! Expert commentary on the most important developments in the Bitcoin industry. An essential part of staying ahead of the curve in Bitcoin.
Fundamentals Report #89 – 5/15/2020
VITAL STATS Block 630,495Price: $9479Market Cap: $174 billionMayer Multiple: 1.176Est. Difficulty Adjustment: -1.3% in 3 DaysPrev Adj: +0.9%Weekly price H/L: $9970 / $8160Sats/$1 USD: 10,550Finney (1/10,000 btc): $0.97Disclaimer MARKET COMMENTARY A Short Story Bitcoin hodling ain’t easy. After studying a little, …
The Case for Deflation: Part 4 Liquidity and REPO – E214
In this episode I walk through an understanding of Liquidity and how the actions of the Federal Reserve can’t increase liquidity and flow in the economy. I also give a quick definition of the REPO market and interpret it as a money substitute factory – a place that creates and destroys money substitutes. This is the consensus layer of the global financial system and how we need to define what money is. It’s money substitutes that flow through the REPO and money markets.
Fundamentals Report #88 – 5/8/2020
Subscribe to get the Fundamentals Report in your inbox every Friday VITAL STATS Block 629,528Days until halving: 3Mayer Multiple: 1.24Est. Difficulty Adjustment: +2.0% in 13 daysPrev Adj: +0.9%Weekly price H/L: $10079 / $8533Sats/$1 USD: 10,010 satsFinney (1/10,000 btc): $0.98Disclaimer MARKET …
The Fundamentals Report #86 – 4/24/2020
The halving excitement is starting to build. Can you feel it?
The Case for Deflation: Part 3 – E213
In Part 3, I answer some critiques and questions from the audience. The discussion on liquidity and Repo, the base layer of the Eurodollar system is now moved to Part 4 coming up soon.
Market Commentary #51
You just lived through history again. Of course, so many events over the last few months have been historic but the oil rout yesterday is one of the biggest.
The Case for Deflation: Part 2 – E212
In this episode I tackle different types of money, debt, fiat and commodity monies. I discuss how they behave differently as a global money standard. Debt has a unique aspect of global deflation that’s not shared with other forms of money. I discuss bailouts at money replacement, not money expansion. Finally, I wrap up with how this all ends.
The Case for Deflation: Part 1 – E211
In part one of this series I describe two important schools of thought on the global monetary system and the future of the dollar: the Dollar Milkshake and the Eurodollar. Then I try to establish a definition for inflation as a monetary phenomenon based on mainstream Milton Friedman, Mises and my own defintition. Lastly, I ask the question if what we think of as monetary expansion today, is actually monetary expansion.
Fundamentals Report #85 – 4/17/2020
The bitcoin news cycle sped up a bit this week. It’s been slow the previous 10 days, and finally feels like the slumbering beast is stirring. Bitcoin is about to make big waves….