Taper Already Priced In. Now What? – Ep 734

* Less dovish is not hawkish.
* Mother of all bear markets in bonds may have just begun.
* Republicans only care about deficits and spending when Democrats are in charge.
* Plans for minting $1 trillion platinum coin would officially make the U.S. a banana republic.
* 
Increase in home inventory could lead to decrease in home prices.
* Standard of living will drop for American service workers as their pay decreases and the prices of products they buy increase.
* Bitcoin can’t be digital gold if Bitcoin trades the opposite of gold.
* Buying Bitcoin is gambling, not investing, and governments regulate gambling.





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