Thots on the Fed hike:
Hiking with elevated levels of govt debt it is stimulative. Banks get paid more on their reserves, and rentiers get paid more on their T-bills. The net effect is more consumption, especially of financial assets.
Even though the Fed stopped RMP purchases in mid-Aug, if you add the banking balance sheet growth, the total of Fed + Banks' assets are growing which creates money.
The net effect is an increase of the quantity of money even as its price increases. This is why financial assets will continue to rise.
We flame OnlyFans thots 24/7 but it’s the braindead simps that give them money and incentivize them to continue doing it.
How the fuck are niggaz in crypto any different when they start SELLING their onchain bags to prepare giving their money to some crackhead?
It’s like the braindead simps who save their pay cheques to give it to an OF thot.
You niggaz save your onchain shekels like good goys to donate to some washed up celeb or mentally retarded son of an ex-president.
Embarrassing af.
~ Dr. Axius.
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