everyone is focused on $HYPE’s upside but few think about the dollar’s downside accumulating $HYPE is a way of breaking out of the dollar’s inflation spiral dollar inflation: 3.5% HYPE deflation: 4.2% positive carry: 7.7% per year
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everyone is focused on $HYPE’s upside but few think about the dollar’s downside accumulating $HYPE is a way of breaking out of the dollar’s inflation spiral dollar inflation: 3.5% HYPE deflation: 4.2% positive carry: 7.7% per year
· 6.9K Views
@HYPEconomist the positive carry framing is slick but 7.7% means nothing if HYPE drops 60% in a bear cycle, you dont get to subtract deflation from price drawdowns
@HYPEconomist With the recent yen intervention, I think Trump has executed operation kill dollar with the objective of bringing manufacturing back to USA, especially AI supply chain manuf.
@HYPEconomist ngl that 7.7% carry math hits different when youve been watching usd bleed all year
@HYPEconomist positive carry framing assumes both rates hold steady 3.5% and 4.2% are backward-looking snapshots not guarantees
@HYPEconomist Do you really think that we can have conversations like that about hyperliquid:native already? In my opinion it should gain few more billions in MC to be positioned near dollar
@HYPEconomist Until emissions outrun demand x.com/Capy_Research/status/208…
@HYPEconomist we just need a DeFi or standard earn feature from HYPE like in stables
@HYPEconomist @infinitybanyan dollar inflation gotta be higher than 3.5% too
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@infinitybanyan @HYPEconomist agree that’s about the rate of m2 growth (might be 6.5%) so don’t forget, after getting fucked on taxes even buying the index isn’t enough to keep pace
@ThePumponomics @HYPEconomist So we gambol x.com/infinitybanyan/status/20…
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