If you have to ask permission to use your money, it’s not yours
Roberto Rios (Peruvian Bull)
npub1xwmy...pyyc
A Roman Bull Head from 147 AD. finance & monetary economics. Link in bio for all my work
Wow, look another macro prediction made on my stack in February has come true
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This is called treasury quantitative easing as pointed out by @conksresearch
They can increase buybacks and they can issue more on the short end among other things in order to increase liquidity in the system without actually having the fed do QE


Things like this make you understand Luigi
Not saying that it was right, but I understand the point of view …


We will get to the point where there will be a war between bitcoin and Fiat, and I fully expect the bankers to use assassination, blackmail, and bribery to try and hang onto the last vestiges of power
In that environment, no amount of libertarian “no aggression principle” or “free market” solution will save you. We will need guns and organized militia to resist.
View quoted note →

ARE YOU AWAKE YET
ALL THE GOVERNMENTS ARE BROKE


New video out!!
THIS Will Rocket Bitcoin
At the bottom of the macro rabbit hole you find a terrifying truth: they can never stop printing
Thank God for Bitcoin
Hahaha
View quoted note →
You can’t end the fed without ending the current fiat system
You can’t run a gold backed stablecoin without risking depegging
You can’t taper the ponzi
You can’t outgrow the debt
You can’t go back to barter
You can’t go back to shaving specs of gold to pay for things
What alternatives are there exactly apart from Bitcoin?
View quoted note →
Gold backed stable coin?
Just buy Bitcoin bro
USDC is the CBDC
New little mining farm is coming together
We’re going to make the bitcoin work more secure and stack sats ⚡️


The federal reserve is evil.
Printing money while others have to spend their time (their most valuable resource) to earn
It’s funny I’ve never heard a critic of bitcoin actually come up with a better solution
They always have 80 IQ criticisms but don’t even have an 80 IQ solution
The problem with understanding markets today is that nobody realizes that there are actually two markets for basically every single good in existence
The first market is the supply demand market for the actual asset. In the case of homes, it would be homebuyers and sellers, and the natural price level will optimize where the most transactions can be executed (p*).
The supply and demand can be affected by many factors, including economic growth, interest rates, labor supply, commodity prices etc.
If the population grows and more people need housing, or if the labor pool shrinks, and few builders are available, prices will adjust to reflect the changes in supply or demand.
But there’s also a second market - the market for money itself.
When the supply of money increases, the excess liquidity spills over and starts to bid up prices in assets and sectors, starting with those closest to the money printer like banking.
Industries that have been financialized to a higher degree like Real Estate will therefore absorb more of the new money creation.
In this case, you could see the excess cash or cheap credit (whichever form it takes) bid up prices in the real estate market without actually seeing fundamental changes to the supply and demand.
The “demand”is being goosed artificially by cheap money.
In such cases, most people incorrectly assume that the fundamental demand is high when in reality it’s the secondary market of money itself that is inflating and driving the price higher.
This is the money illusion.


How stupid do you have to be to short bitcoin??
Look at the long-end JGBs. They're clearly taking the brunt of the pressure now for Japan.
This is not sustainable.

