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The Dollar Endgame

Peruvian Bull
Hundreds of paid subscribers

Our current monetary system is dying.

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Substack
PricingFreemiumPublishesWeekly
Issues181Founded3 years agoLast Issue7 days ago
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Latest Issues

Bessent’s Twist

Bessent’s version of the Operation Twist program is failing.

On September 30, the 10-year Treasury yield closed at 5.29%, its highest close since May 2002, per Federal Reserve data. The 30-year closed at 5.64%, a level it last saw in July...

7 days ago
16

The Biggest Bet in History

The AI Bubble appears to finally be losing steam.

In June, Alphabet sold $84.75 billion of its own stock.

Alphabet, one of the most profitable companies in human history, a firm that has printed cash for two decades, went to the equity ma...

10 days ago
28
3

The Fourth Spring

Bitcoin is back. The 100x cycles are not coming back with it, and that changes how you should play it.

On September 16, the Federal Reserve raised rates for the first time since July 2023, lifting the funds rate to 3.75%-4.00% in Kevin War...

12 days ago
8
Paid

Pyrrhic Victory

Kevin Warsh just delivered the rate hike Wall Street braced for. The bond market’s reaction suggests he bought himself a fight he can’t win.

In 279 BC, King Pyrrhus beat a Roman army at Asculum. The win cost him so many officers that when...

21 days ago
21
1
Paid

Bessent’s Gamble

Scott Bessent stood on a stage at Southern Methodist University last Tuesday and told a room full of traders, more or less, to try him. His coordination with Tokyo, he explained, gives him something most people trading dollar-yen don’t have...

a month ago
35

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  • Peruvian Bull

    former fintech analyst at Carta, Inc. castizo blood. writing on finance & monetary economics. the Dollar Endgame approaches.

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