PV brother 😄
I got Nostr working on my Linux phone. This is my first message from this phone. Privacy and security is a very important aspect that shouldn't be sacrificed for convenience.
It is too late to do something with Tik Tok. The horse has been let of the barn. Data has been collected and peoples mind warped for instant gratification.
The Fed has a dilemma, almost a race, between two things as they raise rates here.
1) Raising rates generally results in tighter borrowing standards on a lag. This can reduce lending-driven money creation and lead to disinflationary demand destruction around the margins.
https://void.cat/d/LciK171UhVRj6yZuNHk2u7.webp
2) At high public debt levels, raising rates also increases federal interest expense, which increases the fiscal deficit, which is a source of ongoing inflationary stimulus into the economy.
https://void.cat/d/FX7vWUrUF4kiNidN1g5PQ3.webp
In the 1940s, inflation was fiscal-driven and public debt was high.
In the 1970s, inflation was mostly lending-driven and public debt was low.
Currently, the Fed is using a 1970s-style playbook to deal with 1940s-style fiscal-driven inflation.
The Fed have painted themselves into a corner. And on top of this, the debt ceiling needs to be addressed and when it is raised, Congress will use that to go further in debt.
Default of debt will happen by the end of this decade.
$31 trillion of publicly funded debt is crippling. Spending $1+ trillion to service a debt is a waste of money. There is no way the Fed can continually increase rates and maintain them at around these levels for a long period of time.
They are running a Twitter spaces now and it is FILLED up with NFT profile pics. Absolute gong show.
This game reminds me a bit of FF2 (aka FF4) and took me back to my SNES days.
9 countries around the world use the USD as they have ditched their national currency. The US, through weak monetary and fiscal policy, is exporting inflation to those countries.
It is only a matter of time until we hear of another country adopting Bitcoin as legal tender.
We are on the cusp where Nostr shitposting can be a career. I look forward to the day when someone is applying for credit, and they enter "Nostr shitposter" in the occupation field.
Trudeau claiming inaccuracies? What a farce. This is coming from his own intelligence service. The reason why he is claiming inaccuracies is because it shows there was interference in elections that resulted with him winning.
When are we going to see a Mario game where he is trying to save the Mushroom Kingdom from a hoard of green energy fanatics?
Yup. I cannot wait to give this a shot 😄
Just a heads up, Fountain will be releasing an update very soon so that you can receive zaps to your Fountain wallet. More Nostr integration is amazing 😄. Link below from the Canadian Bitcoiners Podcast has been timestamped for Oscar Merry's explanation.
https://www.youtube.com/live/vkWXAUU97CM?feature=share&t=848
This is fucked up
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Written on paper as thin as his skin?
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Make sure to have your popcorn ready for a cluster fuck.
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There has been no doubt as Coinbase has been pro shitcoin for several years and he has been at the helm during that time.