Roberto Rios (Peruvian Bull)'s avatar
Roberto Rios (Peruvian Bull)
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A Roman Bull Head from 147 AD. finance & monetary economics. Link in bio for all my work
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peruvian_bull 5 months ago
Look at the long-end JGBs. They're clearly taking the brunt of the pressure now for Japan. This is not sustainable. image
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peruvian_bull 5 months ago
the printer itself is the black swan. the collapse is actually a melt UP. wake up!
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peruvian_bull 5 months ago
Bernanke also flew to Japan in July 2016 and basically helped them formulate yield curve control Japan is the monetary experimental proving ground for the rest of the developed world View quoted note →
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peruvian_bull 5 months ago
Video finally out! Japan is dying. What does it mean for the global bond market??
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peruvian_bull 6 months ago
the bank of england LITERALLY published a research paper in 2014 describing how banks create deposits out of thin air when they loan money, and how central banks modulate this supply of credit (and therefore money) via interest rates... and finance bros STILL don't believe it image
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peruvian_bull 6 months ago
I don't know when Powell will talk, but i do know where: In De basement.
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peruvian_bull 6 months ago
Yes I want bitcoin to win I want to live in a financial system where people cannot get wealthy off of Cantillion effects Where poor people can’t get screwed over by overdraft charges and predatory loans Where we don't all work for money that they print out of thin air Where banks don't get infinite bailouts whenever they fuck up Where entire nations are not enslaved by debt Is it so bad to want this system to change? And if not, ask yourself who is opposing this? And why?
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peruvian_bull 6 months ago
Bitcoin is now an asset that can be borrowed against for mortgages ⚡️ image
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peruvian_bull 6 months ago
Gold cannot be money because it is infeasible for micro transactions in the modern digital economy Are you going to walk around paying flakes of gold for your coffee or some takeout? You won’t, which is why you’ll put it back in the hands of centralized custodian who will issue you paper Which brings us all the way back to square one with the Fiat fractional banking standard
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peruvian_bull 6 months ago
In gold terms we’re broke This is why millennials and gen z are so infuriated image