AN INFINITE BUBBLE THAT COULD ONLY END WITH SPECIAL EFFECTS
By Mauro Marturano
And, honestly, they're managing it like true champions.
Because numbers like these could easily have led to chaos. But real chaos has only been seen in very few places.
And media chaos is only in our minds anyway.
Derivatives means financial instruments (paper) on oil, gold, wheat, etc.
The value of derivatives is, at STABLE PRICES, many, many times the value of the real underlying.
This means that if whoever holds the paper asked to convert it into oil, gold, wheat, etc., they'd run into the following situations:
- "Tough luck: there's no gold, there's no wheat, there's no gasoline."
- Prices of wheat, oil, gold, etc. multiply until the price increase destroys demand for real goods and thereby brings the whole setup back into balance.
In both cases, it's a "tough luck."
The derivatives bubble, which is the real bubble, has an easy solution: create the conditions for those numbers to deflate 😂.
That's why I saw, and still see, catalyzing events through which:
- those numbers blow up;
- the unit of measure of things changes (and so the numbers blow up).
That's why they invented other financial gimmicks, like crypto and the tokenization of real assets.
Instruments through which they want to fix this biblical imbalance.
Instruments through which the financial cabal built itself a Noah's Ark, while leaving you the streetcar, and in a lot of cases, nothing at all 😂.
But all of this kicks off through some event that will cause a discontinuity.
There can be no change this structural without a genuine shock.
The laws being debated so much in America (the Clarity Act), relative to this world, cannot be a real catalyst.
Because here, and I'll try to be as polite as possible 😂, they need to shove it up a lot, a whole lot, of people.
Because that paper is value for a whole lot of people 😂.
Illusory value, but value.
And it makes zero difference whether you hold derivatives or not.
Today's life is built on these instruments.