Monetary Policy & Market Impact - The market's current operating principle is likened to the 1970s, but the Fed raising rates to 6% today would devastate the stock market, housing market, and Treasury market [1] - Empirical evidence suggests Treasury market dysfunction has been observed multiple times before reaching 5% in the last 5 years [2] Debasement & Investment Strategy - The debasement trade is considered a secular trend rather than a temporary event, implying a long-term perspective [3] - The recommended investment strategy is to buy dips rather than sell rallies, indicating a bullish outlook [3] - While 20-30% corrections are possible, they do not signal the end of the market [2] Currency & Debt - The current situation is characterized as a currency issue stemming from choices made over the last 30 years with borrowed money [3]
Luke Gromen: Why Currency Debasement is Inevitable
Bankless·2025-11-08 17:47