Was hoping for slightly more on the uk housing market @Peter McCormack, but the price rise being kneecapped by the stamp duty, even before considering the theft resulting from inflation really brought it home. The house held for 19 years i sold last year, with a compounded return of a mighty 1.6% without consider interest costs or work, while keeping under stamp duties, was further cut with a nice cap gains bill to go with it………. The economy is so shot you’ll never buy a house, but at least buying a house isn’t the financial prudent option anymore!!!! Love hearing from @Simon Dixon , get the kids competent with private keys and we could build a society that can survive the future!

Fountain: Podcasts & Music

The Peter McCormack Show • #210 - Simon Dixon - "They're Coming For Everything": $40T Debt, AI Job Collapse & The CBDC Grid • Listen on Fountain

Simon Dixon is an author, early Bitcoin investor, and co-founder of Bank To The Future, with over two decades of experience across stockbroking, ma...

Great little trip out from the smoke, into the shire to find a farm shop!!! Off cut steaks, top rump joint, mince I actually believe came from a cow, smoked bourbon sausages and a biggie samosa (for the Mrs). Freezer a little fuller than earlier in the day. #golocal #farmshop #eatmeat

Gm nostriches, happy Thursday, out of the fiat mine today who have a full day of staff development, never been happier to have Thursday as my day off Serious plans for the day, taking ivy cuttings to the tip, some shopping but also find a farm shop to move towards shaking a farmer/rancher’s hand @Texas Slim always gets me thinking. Don’t like the none bike ride days off, but sometimes need to try something different. Looking forward to watching markets today after so many bumps in yield, Japanese has not lost it, but still a healthy daily increase and time for more distinction. Given my new found understanding of bond math and portfolio theory (my read), if bond yields have just risen, values have reduced, meaning to balance out your 60-40, stocks must have pumped……..S&P down in the last month, ftse100 down, but then, that’s always going down. If the relationship is breaking down, time to look somewhere else…. Golden moments of morning light! #coffeechain!!!!

Love my 90’s film, bikes and cars feed on Instagram, really very few people and saw this American Psycho post; And it just hit differently. You’re a bitcoiner, why do you even go into work?……… but also, fine work with no long fitting in, in work; promise, no chainsaws will be required.

Grabbed a quick refill before the rapidly rising oil price hits the pumps. £1.89 a litre and just getting the tank full in at just under a ton.

We back baby!!!! Can’t contain market forces. Time to see the knock-on effects of this more recent increase. Given bond markets are oh so flaky, this could be very interesting, very quickly. Hmmmm, may fill up the auto this evening. #100dollaroil

If people were worried about how Dennis Porter was getting on in North Korea, we have a post. “Irresponsibly long” and “$1m is inevitable” @Bugle.News #40HPW🎧 I bet you’re happy. 🫡🙌

Appreciate being able to use the “The big print” reference @Lawrence Lepard and “inflation as a vector” was super useful @Saifedean Ammous

When all there is, is fiat duties to put off, spending a few hours attempting to unpick what a bond is and what is going on, is time well spent. " target="_blank">https://highlighter.com/a/ # [#bondmath](/t/bondmath) [#bitcoin](/t/bitcoin) [#bonds](/t/bonds) [#doomloop](/t/doomloop) [#marketcrash](/t/marketcrash) [#fiatcurrency](/t/fiatcurrency) View article → https://highlighter.com/a/naddr1qvzqqqr4gupzqy8hclmh9hvfxd7v3kmqg89kzwewv6y030ge962ew2fht86ks0dfqythwumn8ghj7un9d3shjtnswf5k6ctv9ehx2ap0qquyjttwv4mx2u3dv4mx2m3dddhx2aedwa5xzapdvfhkuern94mk2un994ek7t2f94mhymm5v5khg6rfwvkkgdtrvekn2hdu46y

Gm nostriches, pretty shitty night’s sleep, with #catstr deciding I was her absolute favourite person in the world, but at 5.20am!!!!! Strange dreams of being out in a town I used to live with work colleges from my current job, bringing up memories I haven’t thought of for decades. Sleep and the mind are fascinating objects. #catstr now fed, #coffeechain hitting the spot and given I’m back in the fiat mind, “desk hunch”, taking a few moments to stretch while the kettle boils, but holy crap is it dark! The bond piece is already 1500 words deep, maybe need to add a very graphs but staying away from references, and my brushing over of the 2019 repo crisis is embarrassing (but not a central topic) but the analogies (not analogues 🤨) are falling into place pretty well. Still a very long way to go. First port of call this morning, @Saifedean Ammous ‘s inflation is a vector or a scaler metric……….. and it’s not even a piece about inflation……. Or is it? Peace out, be productive, and great couple of pages from #chooselife to start the day, we don’t need a job title or a corporate badge to have an identity, I’m a father, I owned a dog, I write, I like riding my bike, I dabble with hard assets, that is enough.

Simple question, how weird does it make you, if you have a burning desire to write a piece about bonds, even though you’re not an economist? The burning desire for the better of me and I’m already a paragraph deep!!!!

All limitations aside, have dipped my toes into bitcoin etf ownership here in the UK. While I can’t transact or self custody, I’m seeing it as my “fiat gains” allocation, so I can benefit from NGU, benefit from a higher cost base, and being a good boy along the way (currently being grilled by the bastards), all transactions will be logged on fiat rails, so no need to submit wallet addressed when time comes to sell. Weirdly a privacy preserving option!!!!!!! Very useful trip to the local gold dealer, with more info about the lockbox service they also provide……… the sort of thing I feel I can put off for another time, but in the same breath, if someone comes into my house, better there were no things there for them to take or torture me to give up. Also like the idea of putting a @Based Trading Cards pack in there, just so if I die in the short term, it will raise some questions…… hmmm what would the family say when treated by a @nat brunell foil card?!?!? Or @Lawrence Lepard 🫡🙌

Gm nostriches, watched a video about impending changes to US trade policy, blocking trade with nations with trade surpluses unless he gets a rate cut, along with tons of gold being removed from the US, very similar to 1971. Next fed meeting, 16th September, tick tock! US dollar could be in for a rough ride moving forward, hard assets about to be the only place to be, S&P500 about to be hit HARD as the biggest firms AI dream crumbles along with the hard money value of their shares……… As with much of the news at the moment, mostly fear and bluster, with very little ultimately arising from it, but all the time, more information, chess pieces moving, it’s not about where we are or the next move, but the longer term direction of travel. Again back to @Luke Gromen , on Friday your savings could have bought 5 cars, on Monday it will buy a month’s shopping. Act accordingly. First bike ride to school in damp conditions, hoping the eldest is up for it!!!! Peace out freaks. https://share.google/WQJPtKYmkKxe2iInF

Gm nostriches, back into it for the first Monday of term. Hoping it will be nice and quiet, but have some HMRC “enquiry” stuff to deal with, way too intrusive and a pure example of why people don’t want to do business in the UK. Bit of thinking and all issues are addressed 🤞 plus going to ask my competent accountant whether they have over stepped the mark and I can push back before sending the info!!! On the plus side, have an idea for a paper, and can run it along side the teaching I’m doing, so yeah, I’m doing my research, but also, totally ticking the box on the “what innovative teaching front”. 🙃 #coffeechain, #catstr s fed, and breakfast prepped for the eldest, just praying the youngest is up for school after a serious heart to heart last night………. 4 hour work week, plus me taking control of her schooling never had a bigger draw. Onwards freaks, we got this.