Federal Reserve

“When it's all the banks that are dying, that's a central bank problem. Right. It's like all your passengers are being thrown around and turned into paste on the walls of the plane. That's the pilot's fault. That's not the passenger's fault for not fasting thei…”

“You can hedge if it's like a one percent, you know, if you expect a one percent interest rate and it turns out to be 1.2% or something like that. Fine. You can hedge that. That's when the normal envelope, if you are told and everybody's told that it's going to…”

“722 banks have these problems. Amit Saru at Stanford has a study saying It's 2.2 trillion dollars in losses.”

“The Fed is denying licenses to crypto banks and Treasuries making negative statements about crypto and then SCC is attacking and all these CFTC is attacking, all these guys are attacking at the same time.”

“The bank runs started before anybody tweeted, right? And the reason that they happened is because the Fed fundamentally undermined these portfolios.”

“We're nearing the top of tenure, if not at the top. We're gonna see rate cuts next year, and importantly, we're at the beginning of what may be the most important super cycle, accelerant, to our economy in a long time.”

“I was gonna build a bunch of buildings near East Austin, where I was gonna try to make an investment there, and the paper return, we mapped it out, was about 3.8% yield. Money sitting in the bank makes six percent yield. This is what the Fed's doing. They're s…”