4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC101: 4th Quarter Macro Overview w/ Luke Gromen (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

What Is That 20% Decline in Tax Receipts?

In a recession, 20% decline in tax receipts. That's $900 billion for round math from last year. Social security just came out and said they're doing a, I think it's a 9% increase. If you liked the last three months dollar up, treasury yields up every friggin day, you're going to love next year because the dollar is just going to keep going up. And at some point in that process, people are going to go, 'I need to own gold'

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