Tuesday, January 19, 2021

Almost certain we end up in the Supremes on this

Debt, taxes, coinage will be realligend back to the centered but independent. through no fault, except the normal tendency of central banks, the Fed is near to getting a rebellion on this tax, I kid you not.

The absence of branches is telling, creepy, like a canary in a coal mine. The sudden bank run, behind our backs.
It is not much of a realignment , though. This time it should be a minor adjustment; that point where the Supremes take a closer look at those three pillars. The circumstantial evidence is rather strong, taken from wealth disparity or from that Fed tax rate, there is going to be a meeting.

This is a low bar, folks, this is a slight, tiny Nixon, but we know it may be more frequent. It is the Law around here, I really think the judges will say. They will indeed be concerned about that power to tax. And they will select the contradiction between coinage and debt sanctity. 

I say no big deal. The numbers will be no worse than previous norm, but more granular, since we get liquidity around that trinity.

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