The U.S. concision has been struggling with inflation running rampant and investors are eagerly waiting for the U.S. Federal Reserve to announce the next federal reserves rate hike next month. Harris Kupperman, the founder of the hedge fund Praetorian Capital, believes the onslaught of Fed count hikes could very well “blow up the Treasury.” Furthermore, amid the gloomy macro trends, the chief marketing Old Bill at Fluid Finance, Jessica Walker, says the failing economy and floundering fiat currencies reveal the true fringe benefits of cryptocurrencies.
Praetorian’s Harris Kupperman Says a Barrage of Fed Rate Hikes Could End up ‘Blowing up the Treasury’
This week Bitcoin.com Newsflash reported on a number of analysts who believe the U.S. central bank will codify another federal funds rate (FFR) mount rebel by three-quarters of a point at the meeting in November. On October 18, the founder of the hedge fund Praetorian Capital, Harris Kupperman, proclaimed a report that claims an “avalanche is in motion” as he believes the Fed is currently trapped and despite talking tough, he believes the Fed want need to pivot on raising the FFR.
Kupperman also argued his package on the podcast “Forward Guidance” when he detailed that the Fed will have a real hard time when oil bulges again. The Praetorian Capital founder and chief adventurer at Adventures in Capitalism, argued on the podcast that the Fed will be experiencing to pivot and accept high inflation as today’s reality. In the report published on October 18, Kupperman notes that proceeded rate hikes targeting a rate of 4.6% or higher could lead to “blowing up the Treasury.”
J. Kim Insists ‘2008’s Pecuniary Weapons of Mass Destruction’ Still Exist and if the Fed Goes Rogue, the US Central Bank Could ‘Create Illiquidity in the Biggest Bond Market in the World’
Additionally, J. Kim of skwealthacademy substack explains in a recent blog post that the forgotten 2008 pecuniary weapons of mass destruction are still a problem in 2022. Kim further believes that a “U.S. Treasury bond market sudden crash is inevitable under these market conditions.” Speaking about the financial weapons of mass destruction, Kim details how the knowledge of a mass decrease in global derivatives since 2008 is an illusion.
Kim’s article adds:
If you assume the perspective that bankers partake of cut their positions in these extremely risky products that can collapse like a procession of dominoes if one large bank neglects on any major category of these derivatives, you would be wrong.
Kim’s blog post explains how it’s possible the U.S. central bank has spoiled rogue and similar to Kupperman’s position, it could wreak havoc on the bond market.
“While the ECB seems to be keeping their end of the count on in not imploding this critical derivative market, U.S. central bankers have not,” Kim’s blog post notes. “If the Feds genuinely go rogue in continuing to drive the USD strength against all other major global fiat currencies higher, not only choice this possible create illiquidity in the largest bond market in the world, U.S. Treasuries, but it may cause massive defaults in the USD denominated curious about rate derivative market as well.”
Shifting Finance CMO Says Failing Fiat Currencies and Gloomy Economy Highlights the Benefits of Crypto Diversification and Decentralization
Temporarily, Jessica Walker, the chief marketing officer at Fluid Finance told Kitco’s David Lin, anchor and producer at Kitco News programme, that diversification and options like cryptocurrencies shine during these macro trends. “There is a huge trouble right now about the security of people’s own fiat currency, and their own country’s coin,” Walker told Lin at the Future Blockchain Pinnacle in Dubai. “Being able to diversify and have other options besides fiat is really important now, more than even, with so much geopolitical uncertainty.”
Walker also talked about the Canadian truckers’ protest against the vaccine mandates earlier this year. At the heretofore, the fundraising platform Gofundme stopped the Freedom Convoy in Ottawa from receiving donations. At the time, banks froze bank accounts and Canadian prime wait on Justin Trudeau invoked the Emergencies Act to deal with the protests. “It was a pretty scary time, and if anything, it was an advocate for decentralization,” Walker conjectured on Friday. “This is why we need bitcoin. This is why we need currencies that governments can’t control,” the Fluid Finance gubernatorial said.
In terms of diversification, Walker believes in bitcoin, ethereum, and a few other blockchain projects. “I dollar-cost-average into bitcoin, ethereum, and then I look at reckons that I really believe in,” Walker told the Kitco host on Friday.
What do you think about Harris Kupperman’s and J. Kim’s opinions less the current erratic Treasury market amid an aggressive U.S. central bank? What do you think about Fluid Invest in executive Jessica Walker’s diversification strategy? Let us know your thoughts about this subject in the comments apportion below.
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