The number one wealth killer for most people is buying a new car.
You basically throw money away to depreciation. You lose 15-20% by just driving it out of the dealers shop and another ~40% of the car’s value in the first three years.
A used Toyota Corolla is amazing.
Be more like Carl. #Bitcoin 
GM #Nostr Plebs! 
Thought you quit Bro? Welcome back. I’m lovin’ it. #Bitcoin 
BREAKING: #Bitcoin's balance on exchanges continues to steadily decline.
Since the beginning of the year, about 250,000 #BTC has left the exchanges. Less #Bitcoin on exchanges means more short term volatility. Don’t get shaken out! 
My new episode - “When Money Dies” - is now online!
“The early signs of hyperinflation and the consequences for society. History does not repeat, but if often rhymes.”
Check it out now: https://carlbmenger.substack.com/p/when-money-dies
Reading books is the antidote to a world that wants you to think, do and be like the majority.
Reading voraciously makes you into someone who thinks for themeselves.
How much is that worth to you?
Your days are your life in miniature and as you craft each day, so you create your life.
Consistency truly is the mother of mastery and the little things you do daily are so much more important than the big things that you might do annually.
Panic bought the #Bitcoin dip. FOMO never ends.
Don’t miss my next episode - “When Money Dies” - The early signs of hyperinflation and the consequences for society. History does not repeat, but if often rhymes.
Available today at 21:21 CET. Subscribe now: https://carlbmenger.substack.com/p/when-money-dies
Don’t miss my next episode - “When Money Dies” - The early signs of hyperinflation and the consequences for society. History does not repeat, but if often rhymes.
Available today at 21:21 CET. Subscribe now: https://open.substack.com/pub/carlbmenger/p/when-money-dies?r=cvmtq&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true
BREAKING: Norinchukin Bank, one of #Japan's largest institutional investors, has announced plans to sell approximately 63 billion U.S. dollars in overseas bonds to prevent default after wrong bets on interest rates.
https://www.japantimes.co.jp/business/2024/06/20/companies/japan-norinchukin-bank-losses/
Anything to declare Mr. @PeterSchiff? 
BREAKING: #Bitcoin miners sold over 30,000 $BTC (~$2 billion) in June, the highest amount this year, dropping reserves to a 14-year low.
The recent #Bitcoin halving cut profits, causing smaller miners to sell off #Bitcoin to cover operation costs. 
Before we can take responsibility for the life of another, we must begin with the decision to take responsibility for our own.
"It’s just a healthy correction. This #Bitcoin dip is a gift.” 
BREAKING: #Argentina has recorded zero Inflation in its food and beverage sector for the first time in 30 years. 🇦🇷 
BREAKING: US debt predicted to be $50 trillion by 2034
„If you see a fragile bridge, you know it’s going to collapse at some point.”
https://asiatimes.com/2024/06/us-debt-moving-toward-50-trillion-isnt-whole-story/
#Bitcoin will reach you over time, what scarcity truly means. Gradually, then suddenly. Keep your sats tight.