Why Occam’s Razor Tells Us That Trump Is GREAT For Bitcoin
From a monetary perspective, a government has two simple tasks
- Optimize output
- Ensure a “fair” distribution of the wealth from the output
It’s clear that Trumps policies are:
- Decreasing output — this is not my opinion, this is the “wisdom of the crowds” as indicated by the crashing stock market. In response, Trump and his lackeys are working to convince the world that the market is wrong. But in an EPIC research piece published this week titled “Fifty Days of Grey,” Michael Cembalest, Chairman of Market and Investment Strategy at JP Morgan Asset Management, writes that:
The stock market is unique — it cannot be indicted, arrested or deported; it cannot be intimidated, threatened or bullied; it has no gender, ethnicity or religion; it cannot be fired, furloughed or defunded; it cannot be primaried before the next midterm elections and it cannot be seized, nationalized or invaded. It’s the ultimate voting machine, reflecting prospects for earnings growth, stability, liquidity, inflation, taxation and predictable rule of law.
2. Decreasing taxes to the wealthiest, which will distribute an even greater percentage of the U.S. wealth to the rich.
Many are arguing that Trump is playing 3D chess. That Trump is purposefully cratering the economy to lower interest rates. But Occam’s Razor tells you that’s not the case.
Occam’s Razor, also known as the principle of parsimony, suggests that when faced with multiple explanations for a phenomenon, the simplest explanation is usually the most likely to be correct
Occam’s Razor leads you to the simpler possibilities that Trump is cratering the economy as a result of massive incompetence, or on purpose. He could be a Russian pawn. Tanking the economy so he can declare martial law?
In either case, the pace of which the world is unwinding is accelerating. While Trump is pledging to balance the budget, the budget deficit is actually increasing. And this is precisely why Satoshi created bitcoin.
In the short run, bitcoin remains highly correlated to the risk on/risk off gyrations of the public markets. But over the long run, bitcoin has, and will continue to, massively outperform everything. Because in a world where truth is nowhere to be found, bitcoin remains the one thing we can still believe in. In a world where our own government is f***ing us every single day, bitcoin remains the one asset out of their control. And that why the strategic reserve will never actually buy a single bitcoin. But per David Sacks “Promises made. Promises kept. 🤣🤣🤣
If you got at least 0.000001 BTC worth of value from this post please “Clap” below (up to 50 times!) so others will see the post.
This content is for educational purposes only. It does not constitute trading advice. The author of this article may hold assets mentioned in the piece
