Real rates are still negative in the EU/UK even according to the official government inflation statistics which are dramatically under selling inflation in the UK, according to Truflation. Meanwhile, real rates are positive in the US.
If you are trying to taper a Ponzi and there are even more degenerately run Ponzis all around you, do all the Ponzis implode at the same time?
An illustrative recent example:
Terra and Luna < Voyager < Three Arrows Capital < BlockFi < Celsius < FTX < SVB…
BourbonicPlague / Bourbonic Plague
npub1zp…ckvjd
2023-09-12 11:04:32 UTC
Author Public Key
npub1zp9fuqdl487hmzvjqcmt7fdm9rcl5hhy5y3qr7k5vtahnjd4kt5sfckvjdPublished at
2023-09-12 11:04:32 UTCEvent JSON
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"content": "Real rates are still negative in the EU/UK even according to the official government inflation statistics which are dramatically under selling inflation in the UK, according to Truflation. Meanwhile, real rates are positive in the US. \n\nIf you are trying to taper a Ponzi and there are even more degenerately run Ponzis all around you, do all the Ponzis implode at the same time?\n\nAn illustrative recent example:\n\nTerra and Luna \u003c Voyager \u003c Three Arrows Capital \u003c BlockFi \u003c Celsius \u003c FTX \u003c SVB…",
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