We need money for the next century’s pandemic?
And how much money is really still needed for children’s Covid vaccinations? The percentage of under 5 year olds getting the new approved vaccines will be quite small
There’s a good chance of some kind of resolution by this fall. Russia cutting off gas, EU gas in storage already at lower levels means there will be increased push for Ukraine to reach some kind of negotiated settlement.
A couple interesting things this morning
Also, interesting seeing Summers putting actual estimates on how much economic slowing is needed to bring down inflation.
Trust the central banks. At least he admits it’s a confidence game.
What happens when people en masse decide they don’t trust them? 🧐
If only there was a form of money that was trustless
Wasn’t sure the best place to put this.
Price controls/caps typically lead to shortages. Looks like they’re trying to structure this differently. Carved out price caps, utilizing insurers to enforce it. We’ll see
No. I think he means amongst big players in the space. He might be the biggest.
It’s all about setting the precedent though and then if this stuff gets systemically important levels then you get bailed out. He’s a massive political donor. Trying to set up the crony game.
I can’t stand it. Let the degens own their mistakes and burn. I don’t care how much the price dumps. Clear out their leverage so we can see where we’re at.
Not so decentralized finance
The proposal went through.
also, look at Sam from FTX. Talking bailouts. Crypto taking the fiat mindset, let’s fire up some moral hazard. That’s the system we’re trying to get away from.
I’m using bitcoin to hedge.
I didn’t say Bitcoin has a history in this situation. I think you’re misreading what I’ve said. Perhaps I worded it poorly.