Toby McMann on Nostr: In a society that is addicted to living beyond its means, backstopped by government ...

In a society that is addicted to living beyond its means, backstopped by government which cannot be trusted to control spending, the bond market is the only antidote.

Bond market collapse is the only thing sufficient to change behavior and, ultimately, protect people's future livelihood.

Interest rates are rising. The collapse is starting. US Treasuries are no longer a safe haven -- but rather ground zero. Trust is betrayed. Intervention only hastens the decline. The end game is upon us.

And, yes, the broken record is playing: Bitcoin fixes this.

Embrace scarcity. Stay safe, friends.