The tweet was deleted by the author.
But we saved everything 🙂.
Simon Dixon, chief executive officer at BankToTheFuture, questions the accuracy of official U.S. CPI data, stating it currently stands at 3.8 percent and is rising.
He notes that the official “real yield” is about 1.2 percent if one trusts government figures, but he believes actual inflation may be higher, which could mean the real yield is already negative.
Dixon has previously highlighted changes in Federal Reserve activity, noting that the central bank added $237 billion in Treasuries since December and now holds $4.4 trillion overall in government debt. He has also discussed the emergence of tokenized bitcoin collateralized debt obligations and credit default swaps, suggesting a preference for self-custody in digital assets. His comments follow a series of observations on inflation, monetary policy, and crypto-related instruments.