What is going to become the baseline hurdle rate (if we can no longer track M2)?
Depreciation had been in the 10-15% range but that was helped somewhat by the SPR. Thankfully we don’t need to track it so carefully with bitcoin but is there a single metric that gets close?…
there’s energy, silver, milk, beef, corn, gas prices & more. Each of which will likely be under some sort of price controls this decade.
Financial repression is so pathetic, but it’s the only means of short-term survival for these institutions.
What is going to become the baseline hurdle rate (if we can no longer track M2)?
Depreciation had been in the 10-15% range but that was helped somewhat by the SPR. Thankfully we don’t need to track it so carefully with bitcoin but is there a single metric that gets close?…
there’s energy, silver, milk, beef, corn, gas prices & more. Each of which will likely be under some sort of price controls this decade.
Financial repression is so pathetic, but it’s the only means of short-term survival for these institutions.