Financial Big Shot Rants at the Ministry of Finance—But Bitcoin Smiles
Drunkenmiller, a seasoned veteran who once helped popularize quantitative funds, is recently firing on all cylinders
Who does he rant about? The U.S. Treasury. A $4 billion long-term bond repurchase plan—he calls it “stop the bleeding by drinking poison.”
Translate this: To keep surging bond yields under control, the Ministry of Finance personally steps in to buy long-term bonds.
It sounds like a bailout. But the big shot says that if this move goes wrong, it’s essentially printing money in disguise—pushing the market back onto the old road of yield-curve control.
Even old retail investors understand it: once the phrase “yield-curve control” shows up, the U.S. dollar’s credit comes under serious question marks.
So Bitcoin smiles: loosened dollar credit means hard assets become the preferred play.
Yesterday, Bitcoin was still stuck worrying about the $80,000 level. Today it goes straight through and holds above it—funds are voting with their feet.
When Japan played yield-curve control back then, we all saw how it ended: the exchange rate collapsed and assets got panicked.
My take: The big shot is arguing and retail traders are watching the show—but the show is full of opportunities.
The more the Ministry of Finance meddles, the stronger Bitcoin’s anti-dilution narrative gets. That logic hasn’t changed for the past decade.
Of course, don’t treat big shots like gods. He may rant, but he still holds Bitcoin ETFs. He complains with his mouth, but his actions are honest.
How many “bearish with words, bullish with deeds” big shots have we seen in crypto?
Still, let’s pour a bucket of cold water: the Ministry of Finance’s operation, in essence, is propping up the market. Propping up means the market still hasn’t truly stood on its own.
If one day the repurchases start coming in at reduced volume, the bond market will have to reprice again. It’s not surprising if Bitcoin gets dragged along on a roller coaster.
The biggest uncertainty in the market right now is whether the Ministry of Finance dares to keep buying through the repurchases until yields finally give in.
If you get that layer, you understand: when big shots speak out, it’s never for you to copy homework—it’s a reminder.
Do you think this move by the Ministry of Finance is a rescue or a landmine? Let’s chat in the comments.
Click the avatar to watch the live stream
Every day I’ll guide you to follow Bitcoin hotspots—not only what’s happening in the news, but also how to understand the logic and opportunities behind it 👉🦖
#比特币 #US Treasury bonds
Drunkenmiller, a seasoned veteran who once helped popularize quantitative funds, is recently firing on all cylinders
Who does he rant about? The U.S. Treasury. A $4 billion long-term bond repurchase plan—he calls it “stop the bleeding by drinking poison.”
Translate this: To keep surging bond yields under control, the Ministry of Finance personally steps in to buy long-term bonds.
It sounds like a bailout. But the big shot says that if this move goes wrong, it’s essentially printing money in disguise—pushing the market back onto the old road of yield-curve control.
Even old retail investors understand it: once the phrase “yield-curve control” shows up, the U.S. dollar’s credit comes under serious question marks.
So Bitcoin smiles: loosened dollar credit means hard assets become the preferred play.
Yesterday, Bitcoin was still stuck worrying about the $80,000 level. Today it goes straight through and holds above it—funds are voting with their feet.
When Japan played yield-curve control back then, we all saw how it ended: the exchange rate collapsed and assets got panicked.
My take: The big shot is arguing and retail traders are watching the show—but the show is full of opportunities.
The more the Ministry of Finance meddles, the stronger Bitcoin’s anti-dilution narrative gets. That logic hasn’t changed for the past decade.
Of course, don’t treat big shots like gods. He may rant, but he still holds Bitcoin ETFs. He complains with his mouth, but his actions are honest.
How many “bearish with words, bullish with deeds” big shots have we seen in crypto?
Still, let’s pour a bucket of cold water: the Ministry of Finance’s operation, in essence, is propping up the market. Propping up means the market still hasn’t truly stood on its own.
If one day the repurchases start coming in at reduced volume, the bond market will have to reprice again. It’s not surprising if Bitcoin gets dragged along on a roller coaster.
The biggest uncertainty in the market right now is whether the Ministry of Finance dares to keep buying through the repurchases until yields finally give in.
If you get that layer, you understand: when big shots speak out, it’s never for you to copy homework—it’s a reminder.
Do you think this move by the Ministry of Finance is a rescue or a landmine? Let’s chat in the comments.
Click the avatar to watch the live stream
Every day I’ll guide you to follow Bitcoin hotspots—not only what’s happening in the news, but also how to understand the logic and opportunities behind it 👉🦖
#比特币 #US Treasury bonds
