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Roberto Rios (Peruvian Bull)
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A Roman Bull Head from 147 AD. finance & monetary economics. Link in bio for all my work

And the tariffs are not going to help! nostr:note1cjcyygd00yu2uwt0mhlly0us68eh2y9euylpuww3plu54zy8e0nqehwrfs

Canada is the next emerging market

Think about it logically.

GDP is initially recorded as a nominal figure. That figure is also artificially inflated by government spending.

They discount that figure (let’s say 5% nominal growth) by the CPI of 3% which we know is also manipulated downwards .

That gives them real GDP growth of 2%. However, if it just happens that the real inflation is 5% then that means GDP growth is effectively zero

Bro does not understand at all what I’m saying 😂

So few realize it but GDP is manipulated just like CPI

nostr:note16x7mfe5he87yddcm2jz0wg6t3cjxhj35h6u424v68zy6gr49qdhs9h65pm

others are waking up to the truth about America.

absent inflation, immigration, and speculation from QE, the economy has barely grown since 2008.

I don’t know why people think I’m bearish on US equities in general. It’s hilarious.

I’m not Peter Schiff.

Once you go deep enough in macro, you understand there are massive fundamental forces driving US stocks higher.

NONE of those are going away anytime soon.

Literally using your own logic since everybody needs food and water, then those things have intrinsic value.

Intrinsic value means the value is inherent to the thing itself, and not simply the subjectivity of everyone around it… art therefore has extrinsic value since it’s dependent on the cultural context of the people who are evaluating it, but food has intrinsic value because it has utility value for everyone

If you wanna go ahead and live without those things, feel free, but you’re gonna die my friend

BUY THE DIP!!

-with what funds? 😂

intrinsic value comes from utility.

can you actually use X thing to perform Y activity?

You can use oil to make your car go vroom. You can eat food to gain energy. You can use google to find a nearby restaurant to take a date.

housing therefore has intrinsic value, as does water, internet, TVs, dirtbikes, blankets... and Bitcoin.

it's shocking how many people still don't understand Bitcoin

They only control us because they control the money

once you understand the eurodollar, you start to grasp the real meaning of 2008.

we didn't just bail out wall street- we bailed out the world.

Venture capital has gone straight downhill