Vague Theory #4347 Gold and bitcoin bugs kinda have to be deflationary in outlook which means they have to be scared of debt and therefore they’re deficit hawks who believe deficits are sins with karmic consequences so they have to be permabears Mercantilist thinkers
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I'm thinking more that this is Wall St needing cash to reduce their previous leverage. They've sold cheap just to get that cash. Commodity indexes are down too.
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yeah
End of conversation
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