The argument is that politicians don't have the incentive to end the Fed, because they need its financing.
Thinking first principles, politicians spend the money because they want to get re-elected.
Voter anger is the key to when we see the modern day Andrew Jackson. When voters realize that the Fed is stealing from them, and threatening the livelihood of their families, politicians will increasingly take notice and action.
This momentum is growing, but we are still early. Stay humble. Stack sats.
The budget neutral way to stack sats reveals itself, again!
Eh, maybe, talk to me in 10 years! 🤔😂
We've seen deadly, rare blood and bone cancers in about 3% of the people at work, all the last year or so.
WE WILL CARRY THE ALL CAPS TORCH , AND HAND IT BACK FOLLOWING LENT. WE GOT THIS. LFG.
I've learned today that telling someone you love them, with no expectations (because your caring requires nothing in return, given it is just a truthful expression of your inner being), gives rise to feelings of euphoria and freedom like no other. I almost feel drunk and intoxicated. "I'm not asking you to be my girlfriend. I'm not asking you to love me. I just thought you should know: You are loved. How is that not awesome? Well, at least for me, it is awesome -- even if I never see you again, it is a moment in time...and one I will cherish. It feels like a Renaissance. An awakening. A rebirth." Then it started to flurry, and it felt like I was in a Robert Frost poem, walking in the woods, grateful for having chosen the path less traveled.
The world is searching for the next reserve asset, and it is now defining the battlefield of East vs. West power struggle.
In times when nation states don't trust each other, what neutral asset will they accept from the other?
Not yuan. Not dollars. Etc. They are not neutral and their ledgers are not immutable.
The US is leaning into BTC. Russia has declared gold. China is buying gold.
The world will decide.
She doesn't know anything about "crypto," the same way she didn't know anything about the vaccine. Very Dangerous.
The spark that helped light the flame. Brings a tear ... what a gift to humanity.
Morning thought while working out ...
A very good friend mentioned earlier this week gratitude for what she has in life, noting a lot of folks don't enjoy many of the same opportunities and comforts -- like a bed, and quality food, etc.
When I started my job, my walk to work had me passing a homeless man. He wasn't much older than me. Yet he woke up every morning on pavement.
I used to think, "there really isn't that much separating us. If I had made one or two different decisions in life, or I didn't get lucky here or there, I could be him."
I still believe that today.
Be humble. Stack sats. Nurture your mind, body and soul. Enjoy the day.
amazing. I had been vibing the Lilly Ahlberg cover. But Lily Allen brings it to a clear, crisp, new alternative level! TY!!
But, must say, Sway is still a favorite.
The Kooks are pretty amazing. Often feels like the Beatles meet The Cure. Enjoy
🎵 Want to go to the seaside ... I fell in love at the seaside, the seaside .... 🎵
What is wrong with AGGRESSIVE and DISTURBING?
Not a pretty picture. Thanks for sharing.
By the same logic, to the extent governments also hold a strategic reserve of gold, gold is also no different from the unlimited supply of strategic assets -- which defies logic. You feel sometimes that Schiff is just trying too hard. I just feel bad for him.
...but, you have to admit, it is pretty incredible that Trump chooses to lean into XRP, SOL and ADA .... like, OMG. I wouldn't wish these on my worst enemy. Think aboutbit, they don't even have ETFs for these coins. What a complete shit show. All those bitcoiners who were picking Trump's balls and giving money, joke is on you.