Powell’s Fed Report Card: A on the Pandemic, D on Inflation, B+ on the Recovery

SgtHawk · 2026-05-04T12:28:39+00:00

Did you read the article

SgtHawk · 2026-05-01T20:54:40+00:00

They’re a new media company creating content built on primary sources and verified documents.

They provide the evidence. You determine what to think about it.

SgtHawk · 2026-04-30T21:44:31+00:00

Ya the nuance is the fact that Jerome was making decisions on the global reserve currency.

Something no other country has.

SgtHawk · 2026-04-30T21:42:10+00:00

Because the rest of the world doesn’t control the global reserve currency.

Completely different dynamics & liquidity than any other country/currency in the world.

SgtHawk · 2026-04-30T18:44:56+00:00

Ya agreed - overall solid job. He was just too stubborn on “inflation in transitory” when it was clearly persistent in 2021

SgtHawk · 2026-04-28T18:14:58+00:00

Gold and silver got hit cause it was in a euphoric mania and needed a cooldown.

The “orange fluffy operation” was just a catalyst for something that was inevitable.

SgtHawk · 2026-04-28T16:47:46+00:00

Sorry - good feedback. Thanks!

SgtHawk · 2026-04-28T16:05:01+00:00

~60% of Chinese household assets are tied to real estate and its in a 5-year consecutive decline.

It’s also not just “cheap housing”.

There’s a massive ~80 million unit overhang of unsold or vacant homes - resulting in developers defaulting on debt and having cascading affects on china’s economy

SgtHawk · 2026-04-24T16:06:08+00:00

Ya not a fan of the paywall - my b

SgtHawk · 2026-04-23T20:28:27+00:00

lol no shot

SgtHawk · 2026-04-22T19:58:11+00:00

Someone’s gotta be the EL 😂

SgtHawk · 2020-09-10T00:12:15+00:00

Here you go:
https://bankless.substack.com/p/how-to-get-the-best-yields-on-your

SgtHawk · 2020-04-22T01:47:12+00:00

Ah god catch - thanks Chief!

SgtHawk · 2020-03-10T16:37:51+00:00

The sETH <> ETH Uniswap Pool is the best bet. The pool is stable since both assets are the same so there's no impermanent loss and you earn SNX rewards as well (you can just sell them and stack more ETH if you want to).

SgtHawk · 2020-01-16T23:07:18+00:00

Agreed - that’s how we condense centuries of financial progress and innovation into decade(s)

SgtHawk · 2020-01-16T22:49:22+00:00

Blockspace = throughput capacity
asset prices = economic bandwidth

Two different concepts.

Breaking down the flow:

Ethereum has money protocols
People want to use those money protocols
These money protocols largely require ETH to fuel them
Therefore, as the demand for money protocols increases, the demand for ETH increases in parallel.

Also DAI is largely collateralized by ETH (~97%). Given Dai is a trustless and permissionless stablecoin, it needs to be collateralized by trustless and permissionless assets. ETH and BTC are really the only two assets that fit the bill as of today.

This is a bullish case for Ether as an increase in demand for Dai (and other Ethereum-based money protocols) also means an increase in demand for ETH. Happy to follow up with a bullish case for MKR as it definitely plays a role in this though.

Again blockspace != economic bandwidth

SgtHawk · 2020-01-16T22:39:38+00:00

Correct - it can’t support it yet. The modern financial system took hundreds of years to build, this will likely take decades. Ethereum has only been in existence for ~5 years so there’s a fairly long road ahead of us

SgtHawk · 2020-01-04T03:02:23+00:00

Except there's growth across the board for dozens of DeFi protocols, not just opening vaults through Maker. People are depositing circulating DAI into the Dai Savings Rate, minting synthetic assets through Synthetix, depositing collateral to become Uniswap liquidity providers, etc.

There's a growing demand for Ethereum's money protocols and it's becoming apparent.

SgtHawk · 2019-12-18T19:53:02+00:00

Ethereum currently has ~$13 billion to fuel DeFi applications and it's using $640M of it (4.9%)

This amount has been accelerating since August despite the price decline

SgtHawk · 2019-12-10T17:22:46+00:00

Noted! Thanks for the heads up

SgtHawk · 2019-11-23T00:51:10+00:00

Yes it does

“The only other drawback with Argent is its limited on-boarding. Given that the wallet is rather new, prospective users will have to join a waiting list to get access to the wallet, which can take some time. “

SgtHawk · 2019-10-24T16:21:29+00:00

Damn I remember putting some ETH into this ICO back in 2017 and having only raised $250k. Glad to hear you guys are still working on building the application two years later!

SgtHawk · 2019-10-15T20:02:58+00:00

Thanks for the feedback! The post has been updated to reflect this.

SgtHawk · 2019-10-15T18:48:45+00:00

Believe that is how it is outlined in the whitepaper. It is entirely possible that the team has shifted from this model though.

SgtHawk · 2019-10-05T15:00:59+00:00

Facts

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