Hello again Nostr

I saw a car swerving wildly on the road in Nashville. I thought she was drunk. When I got a closer look, she had both hands on her phone and was driving with one bare foot on the wheel.

Theres a big difference between inflation and CPI Few...

We talked about bitcoin, high inflation, and how he wants home ownership accessible to all Americans

I take a break from Nostr for 2 months and I come back to this: What are you guys doing?...

Who thought higher inflation was over? Or that high interest rates would not persist? Certainly not the Fed, who control rates. Here comes the next recession!

I've been away from nostr a bit; but now I'm back. What did I miss?

In this market, I like 6mo T-bills over everything except oil futures. If US "defaults" then bonds rally.

Happy pizza day. I had pizza yesterday, so ate tacos today instead. Kinda messed up my Tuesday meal too.

Its going to be a big week in Miami

I'm still pounding the table that inflation will continue to be high. We print money for wasteful government spending at the expense of all working classes. Inflation is a tax on everyone.

I've been reading up on the Shanghai update and all this ETH that is about to be unlocked. I've been asked by a lot of people if it is bullish or bearish for ETH price. Here's my answer: It doesn't matter. ETH is a shitcoin.

Daly says more rate hikes may not be needed to stop inflation. Correct. What is needed to slow inflation is 1) decrease (not increase) of government spending 2) no more bank bailouts, particularly on the Feds balance sheet and 3) and unwinding the Fed balance balance sheet Oh yeah, and I'm bullish bitcoin

The ESG backlash is interesting to watch. The number of pension funds and states who are turning away dollars from anything that says "ESG" is astounding. Investors are waking up to the fact that the guidelines are arbitrary and politically motivated, but are not sensible.

There is a lot of talk about volcano bonds again recently. Who doesn't want to pay $100 and receive a fixed amount of BTC every year for X years + receive todays BTC back after X years at tomorrow's value? The issue is the other side of that trade... If a country borrowed 1 BTC today to cover $30k with of costs, but was required to pay .05 BTC every year for 10 years, then required to pay back the 1 BTC. If BTC goes higher in dollar terms, it would bankrupt a country...

I wrote this about banks:

Valkyrie

Zombie Banks - Valkyrie

Just a reminder Many Banks, like FTX, do not have the deposits they say they do. This is the heads up you wish you had pre-FTX

We went from Banks not wanting bitcoin companies as customers to bitcoin companies not wanting to use banks

Everyone in crypto have become Swiss Bank experts

If only there was a way to stop our government from engaging in corporate grift through fiat ponzis; putting self interest over the interest of those they govern...