Josh Wolfe @wolfejosh VC, entrepreneur, fund manager @Lux_Capital; Chair @CiPrep Coney Island Prep; Trustee @SfiScience Santa Fe Inst; CoFounder of Carson, Quinn & Bodhi w/ @ltwolfe Sep. 18, 2019 1 min read

1/ PREDICTION
“Occupy Fed” ~2020.

‘Occupy Wall St’ was 9yrs ago (2011) unplanned alliance of
left-wing “bankster”-blaming bohemian castigators
+
right-wing libertarian tea-party protesting separatists

No recent president has ever set up the Fed as scapegoat villain like this...

2/ IF
my suspicions are correct that we get a MARKET induced ECONOMIC recession (from illiquidity or capital market structural risk)

THEN
all blame + fingerpointing 👉 to Fed
(job losses, manufacturing slowdown, investment losses)

00-02 + 08-10 we had room to lower rates...

3/ US may yet follow EU w/ negative yielding rates
(already seemingly acceptable + normalized worldwide)

older generation, cassandra monetary historians + institutions
go LONG GOLD

younger generation, pollyanna techno-anarchists
go LONG CRYPTO.

Both rejecting the Fed + USD.

4/ Here he goes


You can follow @wolfejosh.



Bookmark

____
Tip: mention @threader_app on a Twitter thread with the keyword “compile” to get a link to it.

Enjoy Threader? Sign up.

Threader is an independent project created by only two developers. The site gets 500,000+ visits a month and our iOS Twitter client was featured as an App of the Day by Apple. Running this space is expensive and time consuming. If you find Threader useful, please consider supporting us to make it a sustainable project.