Tomáš Hančar on Nostr: Do yourself a favour and drop the view that "meh, Central banks set interest rates". ...
Do yourself a favour and drop the view that "meh, Central banks set interest rates". They don't and no, they don't "do money", either. Case in point: 2y yield vs. the "set" interest rates (feel free to overlay that shit in TV or your other fav charting pattern). Why the fuck is it that past ~40 years the market has been LEADING the central bank, huh? Ever gave that a thought?
It's all a farce. A Kabuki fucking theater. And it will only work for so long. #Bitcoin, #Gold, #HardAssets
P.S.: Interest rates "differential" has nothing to do with why EUR is falling apart. None. Zero. Nada.
You're welcome. Cheers.
Published at
2023-10-02 16:32:39Event JSON
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"content": "Do yourself a favour and drop the view that \"meh, Central banks set interest rates\". They don't and no, they don't \"do money\", either. Case in point: 2y yield vs. the \"set\" interest rates (feel free to overlay that shit in TV or your other fav charting pattern). Why the fuck is it that past ~40 years the market has been LEADING the central bank, huh? Ever gave that a thought?\n\nIt's all a farce. A Kabuki fucking theater. And it will only work for so long. #Bitcoin, #Gold, #HardAssets\n\nP.S.: Interest rates \"differential\" has nothing to do with why EUR is falling apart. None. Zero. Nada.\n\nYou're welcome. Cheers.\n\nhttps://image.nostr.build/56b39454f9615ad07fd4c1c94103c271f588462506659bd3e30e896276d5531d.jpg",
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