UPDATE: From Oct 18 - Oct 25

US net liquidity roughly DECREASED by -$49.6B.

Fed balance sheet: -$25.3B

ORR: -$50.2B

TGA: +$74.5B

OPINION: For the first time in several weeks, the latest weekly results are net negative for risk assets, all things being equal.

Compared to recent weeks, more liquidity has been added to the TGA while less has been withdrawn from the ORR, likely secondary to lesser issuance of short-dated T-bills by the US Treasury.

Net liquidity is still rangebound since April 2022, and is currently sitting near the center of this range.

Still a crab market until something changes... 🔥🦀🔥

To be clear, if it were a truly “free market” then the US absolutely should be in a recession.

But the MASSIVE amount of fiscal (government) spending is *artificially* boosting GDP and preventing an official recession to occur.

Can they keep up the charade throughout 2024 and allow the underlying economy to recover?

Or will their actions only serve to worsen the inevitable outcome?

I give it 50/50 odds.

Let’s see what happens. 🍿

813,671🤙💜 #meme #memestr #nostrmemes #memes

It's probably not a coincidence that a mentally insane law that basically makes #Bitcoin transactions illegal is being shoved through the Treasury at the same time as there is buzzing about an ETF announcement.

Don't get complacent, shit is gonna get real and the days of utter basic privacy being a crime might not be far away.

FEELS LIKE INSIDERS TRADING AN ETF ANNOUNCEMENT - STAY HUMBLE AND STACK SATS

813,565🤙💜 #meme #memestr #nostrmemes #memes

UPDATE: From Oct 11 - Oct 18

US net liquidity roughly INCREASED by +$19.0B. 👀

Fed balance sheet: -$18.9B

ORR: -$88.6B

TGA: +$50.7B

OPINION: This is mildly net positive for risk assets, all things being equal. Net liquidity still rangebound since late-April 2022, but it has been trending materially higher since its late-September 2023 lows.

DYOR

🔥🦀🔥

Adderall hits you harder because it’s instant release. But that also means the crash kinda sucks but it’s not awful by any means. Vyvance doesn’t feel like it does anything to me.

Today’s #footstr moment

813,416🤙💜 #meme #memestr #nostrmemes #memes

I still think there's something really weird going on with Gaza.

First, I've heard way too many people mention the 9/11 connection. It was so obviously spoonfed to us as a narrative that it's very suspicious. Yes, there are some parallels, but the way it was pushed by every media member almost minutes after it happened was very odd.

Second, the neocons have been way too aggressive on this. This does not play to their base at all and yet they are beating the drums of war at every opportunity. They seem to believe that they can get their side whipped up in a frenzy to the point where there will be war.

Third, the protests happening all over the world seem suspiciously timed to be red meat for everyone on the right. The exact people the people on the right hate are saying good things about Palestine. It reeks of manipulation.

There's a confluence of events to get the right bloodthirsty, because the left is bloodthirsty enough with Ukraine already. Maybe it's the defense industry, maybe it's the deep state. But whoever it is, they really, really want not just one war, but multiple ones.

I love these little internet vermin. Living rent free in their head. Taking up so much space he went out of his way to say some shit to me. The impact I have. nostr:note1ndlzsez4kd8us5ec0yyjvjvzlx670jn6y0f8wm8dzwk7mm8y7ags80kwuj

How it started: #Bitcoin has no future as a payments network

How it's going...

How it started: #Bitcoin has no future as a payments network

How it's going...

UPDATE: From Oct 4 - Oct 11

US net liquidity roughly INCREASED by +$57.7B.

Fed balance sheet: -$3.7B

ORR: -$102.6B

TGA: +$41.2B

OPINION: This is generally net positive for risk assets, all things being equal.

Net liquidity still rangebound since late-April 2022, but it has been trending materially higher since late-September 2023 lows.

DYOR

🔥🦀🔥

If you are cheering on mass killings of people just because of their ethnicity/nationality/religion, you are not "awake" and you are certainly not "anti-war". You are also not "anti-establishment" or "anti deep state" because death is what the establishment sells.