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4min chapter
Inflation Is Popping The Biggest Asset Bubble Of All Time | Michael Kao
Forward Guidance
Michael a Sailor, You're in His Shoes, You Would Be Losing Sleep at Night
Michael teo: I think i heard michael a sailor say in an interview that when he first got into bitcoin, he lost sleep at night because bitcoinexit him so much. So if people hearing thus, then i'm not misremembering. He says the federal balance sheet went from four trillion to nine and a half trillion; now we're on the cusp of unwinding that. The minimum price that bit coin has to be at for all his debt toriria be made whole at par in a liquidation, is around just below 19 thousand.
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