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 3 months ago
The global push for CBDCs is not a conspiracy theory It’s something being postulated by 137 countries, with over three dozen active trials. NEVER BEND THE KNEE image View quoted note →
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peruvian_bull 3 months ago
Fed cuts by 25 bps. It looks like the market priced in a 50 basis point cut, even though that would add to inflationary pressures
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peruvian_bull 3 months ago
You have one life, and you never know when it ends. Don’t waste it. Thank God for every day.
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peruvian_bull 3 months ago
if fiscal spending is a net additive component of GDP, and fiscal deficits rise, but the deficits are funded by the Fed, does that mean that the economy actually grew? in other words, if tomorrow the government went out and borrowed $60T (double US GDP) which was printed by the Fed and then spent it on every imaginable government program they could conceive of, would that mean that the real economy actually tripled in size overnight? (from $30T to $90T) do you hear how ridiculous the argument for GDP sounds once you start to stretch it? common sense died in economics decades ago
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peruvian_bull 3 months ago
Did the 1 million Americans who died of drug overdoses since 2008 get justice? Did anyone in big pharma go to jail for shilling addictive opiates? I know many Libertarians- does anyone have an answer for this? Or is this just another externality of the free market? image
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peruvian_bull 3 months ago
It’s a great shame that all those who seek power are never the ones you want to use it-and all the ones that should use it are never the ones that are seeking it
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peruvian_bull 3 months ago
Inaction in the face of evil is a form of evil of itself
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peruvian_bull 3 months ago
I just find it hilarious how people go to school get degrees in finance and then study to get series 63 financial planner license and do 1000 hours of stock research just to build a portfolio that under performs bitcoin It ain’t that hard, big dawg. Just buy bitcoin and chill.
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peruvian_bull 3 months ago
Japan 30 year bond yield hits all time high! Up another 7 basis points in early Japanese trading ⚡️ image