Rabbit Hole Recap #231: There's a run on the bitcoin banks!
Rabbit Hole Recap
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What Is the Mortgage Rate?
Inflation's at 30% in two years, let's just say 30,oretically. What is our mortgage rates? Probably they're printing money. So inflation's running hotter than it would otherwise. We're at 7% right now. You know, 15%. 30 seems unrealistic. That's the inflation. But they're printing because their debt service is too high. They need to print. If you're jacking them up, you pull money out. I feel like it could spiral, it could spiral out of control really easily here.What if I told you It's already spiraling out of control? Like that's a, that's a possibility, right? No, because
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