I’m not sure many people realize that financial deflation and hyperinflation are, historically speaking, two sides of the same coin, often happening at the same time
Whenever fiat currencies head to zero, their associated financial markets collapse and shrink and dry up
https://nitter.moomoo.me/gladstein/status/1647669585938874369#m
**Response to @gladstein:**
But the value of the “real economy” won’t go to zero — it’ll likely shrink for a phase as the fiat bubble pops but over time it will grow and a new paradigm of economy will emerge
The Great Unwind
https://nitter.moomoo.me/gladstein/status/1647669589239803912#m
**Response to @gladstein:**
My sense is that in the coming decades, sovereign and corporate debt (currently worth more than $100 trillion) will deflate and devalue massively against goods and services, with a lot of that value flowing into Bitcoin
Many fiat currencies will hyperinflate at the same time
https://nitter.moomoo.me/gladstein/status/1647669587734073345#m
Unbelievable
nitter.moomoo.me/energybants/status/1647581891485392897#m (https://nitter.moomoo.me/energybants/status/1647581891485392897#m)
https://nitter.moomoo.me/gladstein/status/1647667220066222080#m
**RT @niftynei:**
if we’re not careful, “pay with lightning” could easily come to mean “use a cbdc controlled digital payment network” — if it’s not backed by Bitcoin, it’s not Lightning
https://nitter.moomoo.me/niftynei/status/1647667118912028673#m
**RT @marcrjandrew:**
The Blocksize War is rightly seen as one of the most important books in bitcoin.
So I find it odd no one talks about Jonathan Bier's second book, Reckless.
It's very good:
amazon.com/Reckless-Story-Cr… (https://www.amazon.com/Reckless-Story-Cryptocurrency-Interest-Rates/dp/B0BLLTT6JN)
https://nitter.moomoo.me/marcrjandrew/status/1647641673445539840#m
Plenty of things to criticize Bukele about, this is not one of them
Bitcoin adoption was a great idea for El Salvador, it’s (much) cheaper and more direct than traditional remittance pathways, and national Bitcoin education will be a global competitive advantage for Salvadorans
nitter.moomoo.me/steve\_hanke/status/1647253449124483072#m (https://nitter.moomoo.me/steve_hanke/status/1647253449124483072#m)
https://nitter.moomoo.me/gladstein/status/1647447756334841856#m
**RT @JamesCopnall:**
A friend in Khartoum sent this, recorded a little earlier. Gives a sense of the clashes and how terrifying it must be right now. #Sudan (https://nitter.moomoo.me/search?q=%23Sudan)
https://nitter.moomoo.me/JamesCopnall/status/1647214064676765697#m
**RT @okjodom:**
Testing the limits of @padawanwallet (https://nitter.moomoo.me/padawanwallet) in this @BitDevsNBO (https://nitter.moomoo.me/BitDevsNBO) session
https://nitter.moomoo.me/okjodom/status/1647200248165539842#m
**RT @Reuters:**
Sudan paramilitaries say they have seized presidential palace reut.rs/3GHMTPa (https://reut.rs/3GHMTPa)
https://nitter.moomoo.me/Reuters/status/1647199393676656641#m
**RT @energybants:**
BERLIN: GREENPEACE CELEBRATES WITH SMOKE, WASTE, DINOSAUR
@JTrittin (https://nitter.moomoo.me/JTrittin), self-described "Architect" of Germany's turn towards Russian gas away from nuclear as Environment Minster under Chancellor G. Schroeder (later Gazprom board member), celebrates close of Germany's last reactors
https://nitter.moomoo.me/energybants/status/1647171908876787713#m
**RT @YaxueCao:**
Just look at this building in Guizhou, the first Chinese province likely going bankrupt as the provincial government made it all but clear. A perfect symbol.
nitter.moomoo.me/tankman2002/status/1646903974669455360#m (https://nitter.moomoo.me/tankman2002/status/1646903974669455360#m)
https://nitter.moomoo.me/YaxueCao/status/1647087783872167937#m
**RT @NikkeiAsia:**
BREAKING: Japan PM Fumio Kishida unhurt after smoke bomb thrown during stump speech
s.nikkei.com/3USFqTv (https://s.nikkei.com/3USFqTv)
https://nitter.moomoo.me/NikkeiAsia/status/1647081957132496897#m
**RT @business:**
A smoke bomb was thrown at Japanese Prime Minister Fumio Kishida during a speech, Kyodo reported. He was unhurt and has been evacuated trib.al/NbFbc5u (https://trib.al/NbFbc5u)
https://nitter.moomoo.me/business/status/1647074567247089664#m
**RT @RHaccart:**
Great summary of a speech that sounds like as clear as Beijing’s view of HK will ever get. The talking points are dreadfully straightforward.
Starting with: a sweeping delegitimization of the entire popular movement in 2019. No nuance: it was solely an attempted at a revolution.
nitter.moomoo.me/XinqiSu/status/1647062493670301702#m (https://nitter.moomoo.me/XinqiSu/status/1647062493670301702#m)
https://nitter.moomoo.me/RHaccart/status/1647071272608858112#m
The IMF encouraged emerging market private sectors to lend heavily to their local governments, but now continued bailouts may become contingent on “restructuring” that debt (in other words, devaluing)
Rugged again…
nitter.moomoo.me/KevinPGallagher/status/1646831101124517888#m (https://nitter.moomoo.me/KevinPGallagher/status/1646831101124517888#m)
https://nitter.moomoo.me/gladstein/status/1647015199629807616#m
**RT @mtaibbi:**
Verifying my account on nostr
My Public Key: npub16dmvfhm7uwkxnhxg30k6aczw23wxhgvs62n3puzl5tykpa4aa8esja83yd
Find others at nostr.directory (https://nostr.directory)@nostrdirectory (https://nitter.moomoo.me/NostrDirectory)#nostr (https://nitter.moomoo.me/search?q=%23nostr)
https://nitter.moomoo.me/mtaibbi/status/1647013220643897344#m
Very interested to see if the NYT responds to this or not. A simple release of the raw files would be enough to clarify things. If the imagery was accurate what do they have to hide?
nitter.moomoo.me/level39/status/1646891302200516608#m (https://nitter.moomoo.me/level39/status/1646891302200516608#m)
https://nitter.moomoo.me/gladstein/status/1646912915277221889#m
**RT @LynAldenContact:**
The federal fiscal year started in October 2022.
For the first six months of the fiscal year (Oct, Nov, Dec, Jan, Feb, Mar), the fiscal deficit was $1.1 trillion.
https://nitter.moomoo.me/LynAldenContact/status/1646908015340077058#m