12: The Stagflation Scenario
31 May 2024
The increasing probability of Stagflation might cut Bitcoin's post-halving bull run off at the knees; my thoughts on the Ethereum ETF and why I'm getting skeptical of the political "tone shift."
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Episode Links
- April pending home sales hit lowest level since start of pandemic
- This morning’s revised data show the gov’t is basically “buying” GDP w/ debt, but getting only 50 cents on the dollar - worst deal ever…
- United States M2 Money Supply is now positive YoY for the first time since November 2022.
- Germany’s industry in decline - a giant is falling \ stacker news ~econ
- SEC approves rule change to allow creation of ether ETFs
- Ethereum ETF to Get 20% of Bitcoin ETF Flows
- As crypto cash floods Washington, Congress eyes gentler regulations - The Washington Post
- President Biden Announces Presidential Delegation to the Republic of El Salvador to Attend the Inauguration of His Excellency Nayib Bukele | The White House
- Biden campaign ramps up crypto industry outreach in surprising tone ‘shift’ | The Block
- faradayfedora’s Shakepay Link
STUDY
- 🧡 Bitcoiners tend to be intellectually curious and emotionally stable
- 🌎value personal growth, relationships, community over material possessions
- 📈Scored significantly higher in financial literacy than the general population
- Saifedean Ammous on why Bitcoin is Finical Gunpowder
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