Despite the end of the shutdown, the Liquidity Blob remains stuck in the government’s coffers.

Bitcoin is screaming for more liquidity.

The 2-year Treasury yield is screaming for a lower fed funds rate.

But, sadly, the market screams are falling on deaf ears.

It’s painful to watch.

Once (if) the government shutdown ends, Fed Net Liquidity will become relevant and sexy again.

Until then, the Liquidity Blob remains stuck in the Fed’s and Treasury’s back pockets.

When (if) the shutdown ends, the Liquidity Blob will finally and mercifully begin shifting back to the people and the public markets.

This shift should quickly be reflected in the fiat price of #bitcoin.

GM.

I generally despise politics and am neither a Republican or Democrat, but somebody needs to lay it out:

A Revolution--likely violent--is coming soon.

Income inequality in the US--and around the world--is reaching catastrophic proportions.

History says that this discrepancy in income and living standards is strongly correlated with Revolutions... usually bloody.

If the Ruling Elite and Billionaire Class don't address this developing situation with practical solutions in the near-term, then (I predict, based on historical precedent) that this will NOT end well for said Elites.

The current monetary and financial system has reached a breaking point and, if it is not proactively fixed, it will eventually be overthrown.

One clear example of the obnoxious and increasingly intolerable inequality is in the CEO-to-Worker compensation ratio (see graph).

Hope in the future of America is fading... and many lower income Americans are growing desperate.

In light of this and many other large (and widening) discrepancies, here are Five Fixes for the Ruling Elite and Billionaire Class to strongly consider (and quickly implement):

1. C-suite executives at all public and private US companies should immediately institute policies to lower their compensation packages and/or raise their Workers' compensation packages, in order to reach a CEO-to-Worker ratio of 30-to-1, or less.

2. Though long considered "untouchable," Social Security needs to be intelligently adjusted. I know many wealthy American seniors who neither need nor even want to receive Social Security payments, and would actually be relieved if their payments went instead to their fellow Americans who are suffering financially. -- SOLUTION: Immediately phase-out Social Security payments to senior Americans in the highest income deciles and transfer these same payments to younger Americans in the lowest income deciles.

3. A progressive (income-based) student debt jubilee. -- While I believe strongly in general debt repayment obligations, many recent college graduates are straddled with large levels of debt while available jobs are vanishing. Negative income and a negative net worth cannot be survived for long, as even basic food and shelter needs become out of reach. This becomes an impossible situation to navigate... eventually leading to desperate (likely violent) actions. -- Such hopelessness and aggression are already manifest in high and rising rates of drug and alcohol usage, riots, suicide, and homicide.

4. Disincentivize ownership of multiple homes. -- Many younger Americans are simply priced out of home ownership, while many older Americans own two or more homes. This discrepancy is increasingly insufferable to younger Americans. -- SOLUTION: Americans can easily be disincentivized to own more than one home through tax policy. Doing so would cause many older Americans to try to sell their additional homes, increasing market supply, and decreasing prices to a reasonable level.

5. Increase the progressive Death Tax for the ultra-wealthy. -- Allow entrepreneurial Billionaires and (soon) Trillionaires to enjoy the fruits of their labors while they are alive, but then let the living standards of all Americans be raised upon their passing. Multi-generational family dynasties are over-rated and generally unproductive. -- SOLUTION: Directly transfer progressive Death Tax proceeds to lower income Americans. Make these transfer payments open-source, so everyone can watch the benefits of the inventive and industrious citizens accrue to all Americans.

--------

Finally, I believe that the coming Age of AI and Robotics will only accelerate the above-mentioned trends and accentuate the need for shrewd and well-timed solutions.

It is time for the Ruling Elite and Billionaire Class to act while they still can, or (as history shows) the Worker Class will rise up and do the dirty work for them.

What I'm watching (explained in detail)... 👀

1. Reverse head-and-shoulders

- Left shoulder

- Head

- Right shoulder

2. Breakout

3. Re-test

4. Next move (rip higher)?

#bitcoin

Just my guess. It won't be perfect. You do you.

My next post will be like waiting for Godot.

Previously slated for 2026, it appears that the current administration's policies are pulling the future #recession into the present.

This may distort the four-year cycles of which we have grown accustomed.

Which may also effect the *expected* price action of macro assets... especially #bitcoin (in fiat currency terms).

We are living in interesting times.

Adapt accordingly.

The 2024 financial audit is finally complete. 👀

For Vailshire Partners LP hedge fund (which I personally manage), the 2024 total (net) return after Performance Allocation to the General Partner was:

+198.85% 🔥

Per the BarclayHedge database of funds, Vailshire Partners LP was the #1 performing fund in the world for 2024.

Shout out to #Bitcoin and congrats to the clients (LPs) of Vailshire!

Onward. ⚡

**(Not a solicitation to invest. Limited partners must be accredited investors and qualified clients.)

GM #nostr family. ☕

I'm gearing up for my third live stream today!

Just me... No guest conversation today... Although I am hoping to do group conversations (with 1-3 guests at a time) in the future.

Once I can nail down a specific time for today's live stream, I'll post it here on Nostr. -- It should simultaneously stream on both nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq3zamnwvaz7tmwdaehgu3wwa5kuef0qqsv73dxhgfk8tt76gf6q788zrfyz9dwwgwfk3aar6l5gk82a76v9fgfngn5a and YouTube.

Any last minute questions or assets you'd like me to discuss?

Over the next couple of weeks, I’d like to try to start doing group live streams on my channel, similar to Twitter Spaces (but with video) and Macromind discussions (a la nostr:nprofile1qqsg2zqd8wkhpnxu6lm5c2dyfa2mhpwte57apjae2ldp6g2mmwf3ypqce0wa2 ).

We could talk about anything, but I’d favor #macro, #Bitcoin, #investing, finance, fund management, etc.

If you know of guests you’d like to hear from for these casual, yet informative discussions, please tag them below.

The live stream format (on both @zap.stream and YouTube) would allow for real-time questions from listeners.

Tomorrow might be the day where I finally learn how to do livestreams so I can share my nonsensical infotainment blather to the world.

Might have friends join me on occasion.

Might be fun.

My three favorite #NFL teams are still in the playoffs.

Let’s see how many, if any, survive the next two days… 👀

#Broncos

#Vikings

#Packers

Today was (hopefully) my last day working as a physician.

All in on #Bitcoin, my hedge fund, and #nostr for the foreseeable future. 👀

Hopefully this time the retirement from #radiology will stick. 😂

Onwards. ⚡️

Thanks Dr Jeff Ross. Shout out Dr. Jeff Ross!

For your contemplation... 👀

Green vertical lines marking September 2012, 2016, 2020, and 2024 (current) on the monthly #bitcoin chart.

This is the point of the cycle where the bears are seemingly victorious and increasingly insufferable.

This is your last chance to bail before upside volatility (likely) begins to take hold in earnest.

It is your last chance to fill the next four years of your financial life with serious regret.

IF YOU DON'T SELL YOUR BITCOIN IN SEPTEMBER 2024, YOU MAY BE FORCED TO RIDE THE ROCKET HIGHER OVER THE COMING 12-15 MONTHS. 🚀

You have been warned.