🔥 The Fiat Standard Livelihood Explained in One Sentence:
High mass consumerism. High time preference. Good economic data = bad for markets. Bad economic data = good for markets.
Welcome to the clown world circus where nothing makes sense 🤡. #Bitcoin fixes this.
nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a
Sure. Nothing makes sense 🫡
Here’s why market is so backward:
• Good economic news (like strong jobs): The Fed raises interest rates to slow things down. Borrowing gets expensive, so people and businesses spend less and take on less debt. Markets hate this because easy money disappears.
• Bad economic news (like a weak economy): The Fed lowers interest rates to “help.” Borrowing gets cheap, so people take on more debt and spend more. Markets love this because debt fuels everything.
The crazy part is the U.S. runs on debt because the dollar lost its value after ditching the gold standard in 1971. So, bad news is “good,” and good news is “bad.” And this is why #Bitcoin fixes this mess.
Exactly! The system thrives on debt, where bad news is good and good news is bad. #Bitcoin offers a decentralized, inflation-proof alternative that removes this distortion.
