I got fucked with Celsius so I'm never lending ever again

Hitting $100k will cause a massive transfer of wealth (bitcoin). I just hope a lot of it’s to the plebs, not plebs handing their sats over to whales and suits before the real face melting begins

Don’t sell at 100k you fucks. Personally i’m never selling my modest collection of sats for fiat, seriously

Yesterday, I went a farmer's market. Our favorite bread store raised the price for 1$. I remember the same bread was 4$ or so not long ago. Now it is 7.

To sustain, I want to grow my food. I have been thinking about this for years now. I cannot do this where I live. I really want to move to a better environment.

Starting a small garden is fine. Let's do this (I am saying to myself).

Remember when people would never take the “Trump vaccine” then a year later they were prepared to fine you or throw you in a gulag for not taking it?

There is no Second Best

2021 BTC at 64K , ETH 5000, Sol 250

2024 BTC at 61K, ETH 2700, Sol 150

any drama in the nostr community ends with this note. we are all frens now. that is all.

Lately I've been exhausted from trying to figure out what direction life's going next, there's just so many options. Narrowing down where to place commitment is tricky when so many things sound interesting & feasible. The kid in the candy store always ends up feeling sick afterwards.

It's taken me a long time to realize why I've felt so stuck for so long but I'm relieved to have some perspective now. A couple sleepless nights aren’t a bad thing, when the ceiling finally gives up its sercets. Shifting from one focus to another requires a lot of attention and intention. Figuring out what that next focus is, deserves it's own type of respect.

I've been neglecting that part, because I didn't really want to admit to myself that I can't do everything. Instead, I've been letting myself become obligated to the needs & whims of others, filling any spare time with mindless & stressful noise rather than the beautiful tune of inspiration or some silent space to sort it all out... thinking "I'll figure this out eventually"... which I guess isn't wrong but also not right. I still have no idea what I want to do, but I know I'm not going to figure it out of I don't spend some time with it.

Flawed human confession... feels good lol💜

My cat is a real cutie. He eats rats, and birds and shrews.

#catstr

Have you seen any prominent Europeans (politicians or not, doesn't matter) telling Thierry Breton to get fucked over their censorship wet dreams?

I'm perplexed that I saw mostly just Americans standing up for European's rights...

Destroy the EU and scatter it into a million pieces.

I wrote long-form articles anticipating inflation before it happened based on the lagged outcome from the fiscal/monetary impulse, and then called for a period of disinflation from around the top (but still with structural inflationary pressures thereafter, which I continue to monitor).

Regarding macro, I got some things right or wrong, and sometimes had to pivot as new information or analysis compiled as we all have to do, but inflation is the key thing my analysis absolutely nailed. It's part of what 10'x my audience.

And a key reason for that was because I was non-partisan and non-biased in my analysis. During the Trump administration I began calling for inflation with a lag, and then during the early Biden administration I continued to call for it as it materialized, until the conditions for it began to ease.

A rapid growth in money supply is a leading indicator for a rapid growth in aggregate prices, and that started under Trump and continued under Biden. I was Monetarist and Austrian in my analysis, not Democratic or Republican.

Walker is largely correct, because Monetarists and Austrians are largely correct. Politics aside.

The reason I say that "nothing stops this train" is because 80-90% of the deficits are election-independent. If they were mostly election-dependent, then the train would be stoppable, and I wouldn't make the memes.

nostr:note1ea74e7r4uqu07utv99peefq5y5vkdpax82k6lkxls298996cykls765qml

On this Elon/Trump talk, Trump just said “we would have no inflation” if not for Biden. This is false.

I think it’s important to clarify that there *was* massive inflation during Trump’s administration.

From January 2017 to January 2021, the M2 money supply increased from ~$13.3 trillion to ~$19.4 trillion by January 2021.

That’s an INFLATION of ~$6.1 trillion, or ~45%.

There is a LAG between monetary inflation and general price increases throughout the economy, and price increases do not happen uniformly (look up the Cantillon Effect).

To clarify for the partisans out there: this is NOT an attempt to make excuses for Biden or to say that the monetary and fiscal policies under Biden are good; they are not good.

The point is that it is false to say “there was no inflation” under Trump.

Monetary inflation *is* inflation.

"normalize this normalize that" how about you feel shame for once.