we are living through a depression. the silent depression.
bitcoin makes the invisible visible
https://blossom.primal.net/1339042769d6f7560fe35f82d3b90a7783da592ae6d14304ca2a319fec46abee.mp4
Discussion
your last stream when you compared markets against gold and such was spot on.
Impressive
Innumeracy and lack of proportional reasoning causing a complacent society. 🫠
How is it a depression? It's nothing more than a recession that could turn into a depression if we're not careful.
That's how I look at it.
If you are looking at purchasing power and the real effects of debasement, it’s horribly worse and easily a depression.
Despite whatever nominal fiat metrics say
yep, make the implicit explicit
Too many live lives of quiet desperation
Jack is locked tf in. You love to see it.
Yes I try to explain this to everyone. Dow, s&p, Nasdaq are all down 60/70% from 2000 ATHs.
Everything is going to zero against bitcoin. Every time bitcoin does a 10x everything else loses 90% against Bitcoin. From 2020 to 2025 the, fiat, the stock market, RE, gold etc lost around 80/90% against Bitcoin.
And this is going to keep happening .
This is why the “everything bubble” is so retarded. There’s no everything bubble, the bubble is in the denominator!!! Is the dollar being inflated. That why Bitcoin has to be our measure of account.
I called that out easily, actually. It's not even a depression, just a fiat recession that *could* go back up.
It might not, though.
Whats the difference between depresión and “fiat recession” according to you?
Essentially, a depression is a stock market crash that doesn't really lead to any positive results. Depressions are essentially long-term recessions that last for a long time (think the Great Depression).
Recessions are essentially market corrections that have a positive result after a small amount of time.
Thanks for the clear explanation, Jack.
👌🏾💯
Great clip nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpzamhxue69uhhyetvv9ujucm4wfex2mn59en8j6gpzfmhxue69uhhqatjwpkx2urpvuhx2ucq3dxny 👏👏👏👏 I've been trying to articulate this to some friends and family, I'll be sharing this!
좋은 영상 감사합니다. 👏
Thank you for the nice video.
I think Depression 2.0 will be of the ‘gradually then suddenly’ type and the deep state lizards will squeeze Nocoiners until it their mental conditioning is overcome.
#asknostr is there a way we can link these clips out of Nostr to be viewed by normies through a non-Nostr link?
Where can I find a link for my non-NOSTR frens?
lol had the same thought #asknostr
Shoutout to the editor too 🔥💪
This was really fucking powerful.
Incredible🍯🦡 the world will change drastically when Bitcoin becomes the standard🚀
Thank you Jack
grammy for best new podcaster. love the content and commitment to helping people understand the reality. keep it up!
Absolute cinema by nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpp4mhxue69uhkummn9ekx7mqpr4mhxue69uhkummnw3ez6ur4vgh8wetvd3hhyer9wghxuet5tm8sjr
I love it if we extrapolate from 2000 to the present. It clearly shows the money printer counter-measure to that, pure fog-of-war.
Okay, the hype was kinda real here.
Sending this to every normie I know
Wow this is an amazing video and observation. Great job man
When nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpzamhxue69uhhyetvv9ujucm4wfex2mn59en8j6gpzpmhxue69uhkummnw3ezuamfdejsdxmu8k said “you’re going to miss this in broad daylight” immediately 2 Samuel 12:12 came to mind: “You did it in secret, but I with do this thing in broad daylight before all Israel.”
I’m not saying “thus says the Lord” or anything -just sharing what immediately popped in my head when I heard that. I thought it was interesting.
So much awesome in 2 mins man!
Beautiful!
Thanks for sharing.
I KNEW we'd get a killer short out of Monday's pod. This is even better than I anticipated.
Jack if I could just get normies to understand this… gradually then suddenly though!
Jack, read my book. See if you think it is what Claude says it is.
#biohacking
#RedactedScience
No chart can capture the truth better than everyday reality.
.
Sometimes, the worst kind of crisis isn’t the one we fear — it’s the one we don’t even realize we’re living through.
.
#Bitcoin
#Nostr
#Siamstr
#Economics
nevent1qqswg7h968gmpcyq3qthpwhhujsx0x2f6z9dfzvwsqrl2646372ps9gpr4mhxue69uhkummnw3ez6er9wch8wetvd3hhyer9wghxuet5qgsd8gl8zg3e8nxlzs8ar4qzgmread6er6gw7nphk8yz7pnvz5nndecrqsqqqqqphyae8z
Dats good 👍
We're trying our best be in south Africa love seeing the community form
Epic!
Awesome 🧡
It's so damn hard to get everyday people to understand this.
Mind blown 🤯! I knew there was something about bitcoin that attracted me. Couldn’t quite put my finger on it. Now I can. It’s the reference point of money/value.
Very interesting point of view. I'm going to do some research and see what I find for other time periods.
This is exactly it, great post. There's only one economy truly "working" for the average pleb since 2001. The economy of hard assets. Real estate, gold, Bitcoin, etc.
All the rest only works for elites, State connected individuals or lucky individuals.
The economy has to work for the masses, otherwise it's not a free market, it's just feudalism. Which as we all know could be a great way to define what's going on in the world. State feudalism, where State connected individuals unproportionally benefit from large amounts of fiat money printing.
It's important to figure out: Which is your measuring stick?
#bitcoin
What are you measuring in?
#dollars? #gold? #bitcoin?
Bitcoin is the only asset that will tell you the truth.
Based!
Excellent point of view nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqywhwumn8ghj7mn0wd68yttsw43zuam9d3kx7unyv4ezumn9wsqzp382htsmu08k277ps40wqhnfm60st89h5pvjyutghq9cjasuh38q7t6dtc
1- amazing as usual Jack 👏🏻👏🏻 gotta constantly remind to stop using dollar price as reference, cannot use a mesauring stick that changes all the time!
2- question: since gold is also measured in fiat, and gold price has been highly suppresed in last decades through derivative, isn’t the depressione actually even worse?
Jack, can you share the source data that you used in the charts?
Thanks Jack. Strike on point, Much respect and well articulated as usual. 🙏🤙🇦🇺🦘
Stacking more sats. ⚡️
Seeing the stock market in Gold terms reminds me of my own deeper look at global GDP trends since 1960.
Freezing the dollar supply at 1960 levels, and simple observing how GDP has changed over time relative to the dollar supply as a whole, reveals we've been living in a depression since the dot-com bubble burst.
GDP per capita has fallen over 60% since then, while it's 65% down since it's peak in 1980.
love the lofi