20 Comments
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Le Shrub's avatar

Great article bruv! I wonder how this will end 🤭

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Chris's avatar

Is a distinguishing factor that we are in fiscal dominance now ?

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Jeremy McKeown's avatar

A great piece of historical analysis 🙏🏼

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wn1001's avatar

Man, this is great (I mean scary, but great writing); you should write a book on that.

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Jason M's avatar

Excellent thank you. Looking forward to part 4. That is my only real critique: the 1929 crash was a hard money cleansing, a world that no longer exists. And perhaps there are rents to be found drawn from fiat debasement that provide income

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Rich Alan's avatar

Your headed in the right direction...

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Yaron Keren's avatar

Amazing and original content, read and re-read.

What could a conservative investor do to mitigate a possible 1929 scenario?

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Rich Alan's avatar

Buy gold and bitcoin short the S&P 500

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Bob Bedford's avatar

Truly an excellent read, and a wonderful analogy.

The treasury strategy still feels in its 3rd innings here though. If so, then this has legs.

Perhaps the burst comes when the Michael Howell liquidity drops off into 2026. In the meantime, this thing has the potential to be much much bigger.

So the question is, knowing this, do you want to dance, and if you do dance do you know when to stop?

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Jimmy Markel's avatar

Just read through the entire series so far in one sitting. Excellent work and elucidating. I believe your predictions will prove prescient. I also believe there is time to profit from the emergence of BTCTCs before it all blows up. Most aren't even levered up yet.

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Kat's avatar

9 more years?

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PatC's avatar

nice work!

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Jason Pealy's avatar

Fantastic piece! Looking forward to part IV!

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Infinite Fund's avatar

Superb writing and research, thanks.

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The Rhodie House's avatar

Very good article that I read after Le Shrub re-stacked it. Tick tock. 😳

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Toro57's avatar

All Crypto currency is wasted blocks of electricity.

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dean myers's avatar

Paper money is a scam fraud and an end that causes extinction events always as history repeats,, there is no escape but by thinking on your own about survival terms NOW !

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Margin Of Safety's avatar

Terrific article.

You and your reads should pick up the new edition of R. Christopher Whalen’s book titled Inflated. It also goes into details of investment trusts amongst other get rich quick schemes from 1840 to the present.

As I recall, Lyn Alden was recommending $MSTR as a Bitcoin Proxy. Has she changed her mind since they started issuing equity and debt?

I don’t really hear her name as much. She was on a Podcast I usually listen to, but I took a pass.

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Rich Alan's avatar

Total propaganda... please read the bitcoin white paper... Sell your Bitcoin to Blackrock or never invest... Both r bad options...

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Be Water's avatar

Thanks for reading. Was there something in particular you disagreed with?

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