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I wonder if some of the reluctance to keep rates super low is related to the existence of bitcoin. Are they worried about an outside option that isn't taking part in the race to the bottom?
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I hope so
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It's fascinating. US 10ys keep rising as well. No one wants sovereign debt.
Central banks will end up owning it all.
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Central banks and tether
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40 sats \ 1 reply \ @000w2 12h
Sovereign debt is like a money wave flowing to us from the future. The duration at which they can afford to refinance will get shorter and shorter, as which point the hyperinflation crashes into us.
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Well said.
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Japan is monetarily and militarily a subservient tribute state to the USA - just like all the other IMF reserve currency board issuing nations, except China.
Chinas alternatives to USD/SWIFT trade payments protocol hegemony, mBridge and CIPS, are eroding petrodollar market dominance . . . and the US empire it supports.
Monetary and military power projection are co dependent.
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Bia @Siggy47 wetin be una own? Owu ebe obula mtirishi unu esorom na calm munu Dan o
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what?
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41 sats \ 1 reply \ @nichro 17h
The translation from Pidgin English to standard English is:
"Bia @Siggy47, what is your own? What is bothering you all? Just calm down, okay?"
(also what)
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hahahaha
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The prices of Food and toys would soon increase in the United States.
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