Robert (infra 🏛️⌛️)
@infraa_
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macro nerd | "Silent Depression" contributor | "when money isn't scarce, everything else is"
SoCal
Joined June 2021
The Global Reserve Currency Curse: “Dollar Dutch Disease" and the Hollowing Out of America One of the very interesting developments in the past few days is the nomination of JD Vance- a guy from a dirt poor Appalachian town in the Rust Belt. An eyewitness to decades of
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People need to realize that "hyperinflation" is an actual phenomenon with an actual definition (which is >50% monthly inflation) Gold went up 2,400% from 1965-1982 It's up 100% over the past two years
Gold and bitcoin is acting like we’re about to enter into a period of hyperinflation—but no one realizes that AI is deflationary.
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A Global Monetary Reordering: It’s not theory- it’s here, now What the massive move in gold is signaling: An end to Triffin’s dilemma https://t.co/61vdNiERra
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Lmao even the boomers at Bloomberg are pricing SPX in gold now… Just a year or two late
What if stock market gains were measured in gold instead of dollars? As John Authers notes, “Denominate U.S. stocks in gold rather than dollars, and they’ve been in decline since the dot-com bubble burst 25 years ago. Stocks elsewhere have done even worse.” #stocks #gold
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Silent Depression (Pt 7) Inflation-adjusted S&P 500 peaked in July 1999, just two years after Real Personal Income & Real GDP peaked Since then, we've been 'printing for prosperity' and getting decades of ever-diminishing returns The real economy has been gone for a while
If this isn't a 'Silent Depression', then what is? (Pt 4) The consumer (personal income, disposable income, money velocity) clearly peaked in 2000 So where has all this "growth" come from? Government spending, corporate profits & asset markets What am I missing @profplum99
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The top 20% of income earners own $28T in Real Estate The bottom 20% of income earners own $2.5T in Real Estate
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New Consumer Credit Report just out: Consumers are deleveraging their credit card exposure to a significant degree Also examines the structural fracture in credit a couple decades ago (and who filled in the gap) https://t.co/61vdNiERra
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I seem to recall @jam_croissant predicting this exact phenomenon months ago...
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Here's some bear fuel: The 20-day correlation coefficient between VIX and the S&P 500 hasn't been this positive since: -July 2020 -Volmageddon (2/5/2018)
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Hmmm Sounds exactly like what I was saying *checks watch* Five months ago
Why is job growth so slow when GDP is so strong, Apollo's Torsten Slok asks. His answer: Lower immigration, AI implementation and fewer government jobs. https://t.co/C74CTdrcPg
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Most of my meetings go like this - "yes AI is a bubble but we are buying anyway. Economy... who cares... something something... K-shaped"
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Just a reminder: Nothing is wrong with the money supply or the debt... ...with gold at $29,000/oz
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“THEY FORCED PRESIDENT DONALD TRUMP TO CAPITULATE! The bond market, global capital, foreigners.” And I can show you. @infraa_ 👇
THE SILENT DEPRESSION, DE-DOLLARIZATION, BITCOIN, STAGFLATION & MORE Ft. @infraa_ @CadeBergmann
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Let me help you @ErinBurnett- Bitcoin has no top, because the dollar has no bottom Gold has no top, because the dollar has no bottom
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Incredibly dishonest post. No, young people are not better off than preceding generations.
Can someone explain why young people are so unhappy and so many of them follow nonsense socialist narratives? They are better off than the generations before them.
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Did We Just Exit a “Stealth Recession”? 13 charts (across a wide variety of economic metrics) that say ‘yes’ https://t.co/61vdNiERra
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Periodic reminder: Financial assets (proxied by SPX) have outpaced wages to a staggering degree -Since 1990: SPX has outpaced wages by 610% -Since 1971: SPX has outpaced wages by 780%
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