0 sats \ 0 replies \ @ExponentialBTC OP 23 Aug 2022
This article is also shared on the BitMEX blog:
Teach Me Daddy
https://blog.bitmex.com/teach-me-daddy
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0 sats \ 0 replies \ @netstatic 17 Aug 2023
Felix Zulauf's face reading this post calling him daddy 😂: 🤨
People always ignore the Basel capital requirements. Still, having a 0% reserve ratio is pretty bad.
If he thought that was strange back then for the TGA, he should take a look now. The RRP balance was never that low considering he posted this last year.
TGA: https://fred.stlouisfed.org/series/WTREGEN
RRP: https://fred.stlouisfed.org/series/RRPONTSYD
And now we have a debt ceiling suspension.
I'm a bit wary of relying on trends with a relatively low number of data points, but it's for sure interesting.
I also found this interesting/confusing. With the theory of quantity being more important than price, I guess this would work out (especially because we have similar conditions of rising stock valuation while in a supposedly intense QT period)
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