ARE WE THERE YET?

Summary from the TLDR Crypto newsletter

This article analyzes the potential scenario of the Federal Reserve continuing to raise rates instead of cutting them. It questions what would happen if there was no recession, inflation didn't fall, and there were no financial system breakdowns. The article also discusses the concept of real yields and argues that they should match nominal GDP growth. It examines the current state of real yields in the US and discusses the implications for future growth. Despite uncertainties, the current environment is bullish for cryptocurrencies like Bitcoin.