[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  LordPos3idon [@LordPos3idon](/creator/twitter/LordPos3idon) on x XXX followers Created: 2025-07-12 23:29:18 UTC $SPX $NQ $DXY $EURUSD $USDJPY $TLT $GDX $GC $GLD $KWEB $SMCI $BABA Sooooooo, like the 2015/16 period. Anybody remember a big event that shook markets around that time? Chinese Yuan devaluation August 11, 2015. Market never saw it coming, they didn’t even understand what was happening. BOJ goes NEGATIVE interest rates for the first time in January 2016. X months after China devalues. What’s interesting about China’s unpegging was that in that year the PBoC made a fundamental changes to how it managed its currency. Before the rate was set in an obscure fashion, but in 2015, they allowed the currency to be more beholden to market forces. This implicitly meant, more beholden to the offshore yuan. Poor countries have their home currency and the black market currency price. More emerging/advanced economies with pegs have an offshore currency instead of the black market currency. If you want to look at it in that way. By letting market forces influence the price, they were de facto admitting that it needs more access to dollars. Yeah, China gets a lot of dollars thru trade, but it doesn’t have Fed swap lines, or Foreign Repo lines, no FIMA at the time. When shit gets tight, China had to get creative to attain dollars, but by 2015, it had reached its breaking point, Wealth Management Products, Real Estate, all that shit was go straight, 2008 style, bust. So China weakened the currency to stimulate and get more access to dollars, BECAUSE IT HAD DEFLATION WHICH NO ONE SAW COMING. And its deflation then reached Japan that had to go NEGATIVE. Europe was already dealing with the aftermath of its sovereign debt crisis. China PPI was going down all through 2014, rebounded in 2015. but the damage was done, China still had to devalue X% in a day, which was HUGE for them. The CCP are top down state controlling communist, to give up control to market forces (literally an open ended, hard to define term), had to be like ripping out a lung out for them. “But wait why wasn’t the Fed cutting, I mean Yellen raised rates in the ensuing years, where was the deflation?” •SHANGHAI ACCORD: —-DXY goes from $99-93 in like 4/5 months in early 2016, providing a de facto stimulus thru an easing of financial conditions. It bought time, Trump then wins, unleashes tax cuts, market booms & it kicked the can down the road for a few more years. Global economy in 2019 was gradually slowing down, like how we are this year (tariff effects have made it more rocky but down trend is clear, despite not sloping much yet). Then covid happens, and nobody mentions this and idk why, we had de facto HELICOPTER MONEY PEOPLE! That’s what the fuck caused inflation, not fucking M2, that has been growing since time immemorial, M2, which the maestro himself, Greenspan, is on record saying it is a essentially a useless metric! M2, rate cuts, QE, are just asset swaps, not money printing, helicopter money is money printing. Money printing causes inflation. M2, rate cuts, QE ,is not money printing, yeah I’m being intentionally redundant. Liquidity is not money printing. There are tricks to expand balance sheet capacity, without printing money, it’s called QE and rate cuts. Wealth effect created by asset swaps not by money printing. Trump’s BBB fiscal, is nothing like what we got from covid, deregulation is DEFLATIONARY, tariffs that hit stretched consumers, is DEFLATIONARY. China having negative PPI for over TWO YEARS!!! is DEFLATIONARY. It starts in Asia, then hits Europe, before hitting US (get it? Us the word but also US as the country… double entendre don’t even ask me how?) 2026 WILL be the Year of the Dragon, but it’ll be a resurrected dragon, b/c it already got bodied by Deflation  XXXXX engagements  **Related Topics** [china](/topic/china) [chinese yuan](/topic/chinese-yuan) [$baba](/topic/$baba) [$kweb](/topic/$kweb) [$gld](/topic/$gld) [$gdx](/topic/$gdx) [$tlt](/topic/$tlt) [$usdjpy](/topic/$usdjpy) [Post Link](https://x.com/LordPos3idon/status/1944177275286532575)
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LordPos3idon @LordPos3idon on x XXX followers
Created: 2025-07-12 23:29:18 UTC
$SPX $NQ $DXY $EURUSD $USDJPY $TLT $GDX $GC $GLD $KWEB $SMCI $BABA
Sooooooo, like the 2015/16 period. Anybody remember a big event that shook markets around that time?
Chinese Yuan devaluation August 11, 2015. Market never saw it coming, they didn’t even understand what was happening. BOJ goes NEGATIVE interest rates for the first time in January 2016. X months after China devalues.
What’s interesting about China’s unpegging was that in that year the PBoC made a fundamental changes to how it managed its currency. Before the rate was set in an obscure fashion, but in 2015, they allowed the currency to be more beholden to market forces. This implicitly meant, more beholden to the offshore yuan. Poor countries have their home currency and the black market currency price. More emerging/advanced economies with pegs have an offshore currency instead of the black market currency. If you want to look at it in that way. By letting market forces influence the price, they were de facto admitting that it needs more access to dollars. Yeah, China gets a lot of dollars thru trade, but it doesn’t have Fed swap lines, or Foreign Repo lines, no FIMA at the time. When shit gets tight, China had to get creative to attain dollars, but by 2015, it had reached its breaking point, Wealth Management Products, Real Estate, all that shit was go straight, 2008 style, bust. So China weakened the currency to stimulate and get more access to dollars, BECAUSE IT HAD DEFLATION WHICH NO ONE SAW COMING. And its deflation then reached Japan that had to go NEGATIVE. Europe was already dealing with the aftermath of its sovereign debt crisis. China PPI was going down all through 2014, rebounded in 2015. but the damage was done, China still had to devalue X% in a day, which was HUGE for them. The CCP are top down state controlling communist, to give up control to market forces (literally an open ended, hard to define term), had to be like ripping out a lung out for them.
“But wait why wasn’t the Fed cutting, I mean Yellen raised rates in the ensuing years, where was the deflation?”
•SHANGHAI ACCORD: —-DXY goes from $99-93 in like 4/5 months in early 2016, providing a de facto stimulus thru an easing of financial conditions. It bought time, Trump then wins, unleashes tax cuts, market booms & it kicked the can down the road for a few more years. Global economy in 2019 was gradually slowing down, like how we are this year (tariff effects have made it more rocky but down trend is clear, despite not sloping much yet). Then covid happens, and nobody mentions this and idk why, we had de facto HELICOPTER MONEY PEOPLE! That’s what the fuck caused inflation, not fucking M2, that has been growing since time immemorial, M2, which the maestro himself, Greenspan, is on record saying it is a essentially a useless metric!
M2, rate cuts, QE, are just asset swaps, not money printing, helicopter money is money printing. Money printing causes inflation. M2, rate cuts, QE ,is not money printing, yeah I’m being intentionally redundant. Liquidity is not money printing. There are tricks to expand balance sheet capacity, without printing money, it’s called QE and rate cuts. Wealth effect created by asset swaps not by money printing. Trump’s BBB fiscal, is nothing like what we got from covid, deregulation is DEFLATIONARY, tariffs that hit stretched consumers, is DEFLATIONARY. China having negative PPI for over TWO YEARS!!! is DEFLATIONARY.
It starts in Asia, then hits Europe, before hitting US (get it? Us the word but also US as the country… double entendre don’t even ask me how?)
2026 WILL be the Year of the Dragon, but it’ll be a resurrected dragon, b/c it already got bodied by Deflation
XXXXX engagements
Related Topics china chinese yuan $baba $kweb $gld $gdx $tlt $usdjpy