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Published 13 Aug 2026, 12:36 UTC · fetched 3 Nov 2026, 10:54 UTC
Mike Novogratz
@novogratz
Quoting · 12 Aug 2026, 19:03 UTC · context given to the AI
July: The Federal Government took in $334 billion and spent $766 billion. That's a $432 billion deficit in just one month. Don't try this at home. https://t.co/z4zmwnhisTThis is getting scary. As a country we need to turn this around. Sec Bessent was correct in targeting 3-3-3. Unfortunately we aren’t even close to that. War doesn’t help. A Congress that never says “no” doesn’t help. At one point t the bond market will force fiscal discipline. Inflation across so many sectors over the past 10 years is directly correlated to this massive increase in debt. Incumbents on both sides will feel this in the mid terms. It’s the govts inability to deal with its spending addiction that keeps me bullish BTC even in a year where the energy in the crypto space is low.View original on X ↗
Deterministic: the same prices and policy always give the same result
r = 62661.84 / 63621.64 − 1 = -1.5%d × r = -1.5% (neutral only if the price is unchanged) → incorrectOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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