That’s it’s not crazy to pay somebody a little bit to store your money safely if there is already enough capital in the system

Maybe that inflation is already here, it’s just showing up in the financial system first. Inflated valuations of private assets/opportunities and low interest rates are the result of too much money trying to find yield, safety, etc all at the same time...

Unbundling of large banks, which are the most affected by negative interest rates (Basel III). Historically, banking had economies of scale, now it has diseconomies after a certain threshold. It doesn’t mean they’ll die, but their slower growth will leave space for others.

The impact will be significant on those in lower and middle income groups, making it more difficult to save or even pay bills due to a higher % of income going towards a fixed cost thus decreasing earnings. Not allowing markets to function normally with cont excess govt spending

We have stabbed ourselves in the foot and thrown additional lighter fluid on the fire. Both creating an economy which is not built to last. Only solutions are inflation or two take deep discounts on debt as cash flow issues continue.

That the insurance business is actually about pricing risk properly and adding a margin to reflect real value add for customers ; up to know the business model has been (mostly) about investing excess premium into risk free assets - which are now costly to hold on balance sheet.

our boi sama shorting the market at the top

Wonder if it’s a good thing. Fundamentally it means taking more risk is the best bet to make money. Maybe we need a lot of that right now.

Hyperinflation