#Global Macro

Recent econ data and policy developments suggest a stagflationary environment, and BTC may serve as a hedge. This post explores implications for the US, equities, & crypto

As financial markets digest the news of Trump’s new tariffs on imports from Mexico, Canada, and China, another alarm bell is ringing: the U.S. bond market.

In 2020, I wrote about a fundamental tension in the global monetary order: America's "Exorbitant Privilege" versus China's "Infinite Patience"...

America has long enjoyed an unrivaled global hegemony, through which it has relished in its 'Exorbitant Privilege' granted to it by the fact that the USD is the global reserve currency.

This is not so much a 'deep-dive' or analytical post, but more so a primer post on a topic that I believe will only gain more importance and attention as time goes on.