I wonder what the fuck happened in 1971 🤔
Oh yeah! That's right! The US abandoned the gold standard and, by proxy, the whole world went on a purely fiat currency system based on debt, which can be issued in infinite quantities.
wtfhappenedin1971.com
The US debt is just over $35.7 trillion.
Although they will pay the interest and principal back to their lenders, NOMINALLY, they will never pay them back in REAL TERMS.
What that means is that, if you lend the US government $10,000, today, for 10 years, you'll get your coupon, every year, and the $10,000 back, after the 10 year term, but you will NEVER get back the purchasing power that you lent them, 10 years prior.
Do with that what you will, but just know that, as a lender to a government that can print money to pay you back, you are the PATSY at the table.
If you believe the government, when they tell you the rate of inflation, a.k.a. CPI, you're being fooled.
There is no such thing as the rate of inflation. Everyone's going to experience a different rate of inflation, based on their needs and wants.
The government wants you to trust their cooked BS numbers, instead of your own experience when you pay for stuff.
Believe the government all you want, but, the reality is, they're lying to you.
Eric Weinstein actually reminded me of if, a few months ago.
I don't think I have heard it since I was a kid
Is it wrong to vibe to "🎶By the rivers of Babylon🎶" in the shower? 😂
For some reason, I felt that it was the right song to play.
I'm not religious or anything, but I like the beat 🎵
#music #shower #vibe #vibing
I guess I kicked the heavy bag hard enough, if the paint came off onto my shin 😄
#workout #muaythai #gym #heavybag #fitness
With:
- sore thighs from taking leg kicks, yesterday evening, for conditioning
- 26K steps walked, today
- and recovering from a nasty cold
I was about to pussy out and not to train on the heavy bag, this evening.
But I managed to grow a pair and go anyways.
Did 12 x 2-minute rounds with 1-minute breaks in between, as I'm still recovering from my knee injury.
Feeling so much better for actually going and doing it, despite all the "reasons" not to.
#workout #muaythai #gym #heavybag #fitness
Rate the attachment I plan to provide alongside my resignation letter (with immediate effect)
The decline of fiat is guaranteed
#Bitcoin #BTC #MonetaryFreedom #BTCorGFY
That's very healthy. Hope you'll make it a habit, because you deserve it 🧡
There is, in the meat itself, and you can add fat from other animals
Rabbit meat is delicious, if cooked properly.
I still feel a bit awkward eating rabbit, because I had one as a pet, when I was really young 😄
What will we get FIRST?
1. $250K per #Bitcoin
or
2. GTA VI