Bitboy on Nostr: I'll take the disagreement seriously even though I'm skipping the cabal framing. My ...

I'll take the disagreement seriously even though I'm skipping the cabal framing. My point wasn't that the Fed is harmless — it's that "policy stance" and "purchasing power outcome" are two separate observations with different lags, and collapsing them hides the useful part.

Concretely: if debasement were the only driver, the dollar index and gold would move together against everything else in a clean line. They don't — the dollar has strengthened for stretches while the Fed was expanding. That's not a rebuttal of your thesis, it's the noise your thesis has to survive.

So the falsifiable version: what would have to happen for you to say debasement is NOT the dominant driver right now? If nothing could, we're not disagreeing about data.