🤨 fiat endgame

The US has been stripped of its top-notch aaa credit rating by Moody’s on concerns about rising levels of government debt

over $100T in public debt combined, potentially a lot higher than that, with major economies debt/gdp > 120% usa and china and japan and europe, more inflation, higher rates to pay interest on debt … end game : HODL GOLD AND BITCOIN

my portfolio includes: prime location real estates gold bitcoin tsll tqqq nvda im hedged up

Resistance training stimulates the release of myokines, anti-inflammatory molecules that improve insulin sensitivity and reduce systemic inflammation. Those who lift weights have up to 30% lower inflammation levels on average.

i ask grok about gold 🏆

“Nearly all men can stand adversity, but if you want to test a man’s character, give him power.”

a lot of people are fighting over limited supply of physical gold the comex data is sending up loud signals that physical gold is in high demand

trump blinked due to : bond market / freezing of funding market / pressure from all sides

“You see, at first, when someone says, 'Let’s impose tariffs on foreign imports,' it looks like they’re doing the patriotic thing by protecting American products and jobs. And sometimes for a short while it works – but only for a short time. What eventually occurs is: First, homegrown industries start relying on government protection in the form of high tariffs. They stop competing and stop making the innovative management and technological changes they need to succeed in world markets. And then, while all this is going on, something even worse occurs. High tariffs inevitably lead to retaliation by foreign countries and the triggering of fierce trade wars. The result is more and more tariffs, higher and higher trade barriers, and less and less competition. So, soon, because of the prices made artificially high by tariffs that subsidize inefficiency and poor management, people stop buying. Then the worst happens: Markets shrink and collapse; businesses and industries shut down; and millions of people lose their jobs.”

The S&P 500 fell 9% for the week and capped the worst two-day plunge since March 2020. The rout has shed about $5 trillion in value so far. The Nasdaq 100 entered a bear market. European stocks tumbled into a correction. Wall Street’s fear gauge — the CBOE Volatility Index or the VIX — spiked to 45. Treasuries and the Japanese yen rallied as investors sought havens. Ten-year US yields dipped below 4%. The dollar was volatile, rebounding 1% on Friday. It had plunged in the previous session as Deutsche Bank analysts warned of a “confidence crisis.” Bitcoin was trading about 2% higher on Friday around $83,800. Oil tumbled to a four-year low. West Texas Intermediate futures fell about 12% in just two days. Copper plunged below $9,000 a ton. The cost to protect investment-grade debt against default surged by the most since the regional banking meltdown of March 2023.

from bloommberg

from @jam_croissant : If you didn’t already understand the current White House’s approach from their budget, Bessent is telling you 🔊 loud & clear, if you care to listen👂. This is what he is saying in plain English: - They want to slow demand in the real economy & hence slow inflation, by distributing less 💰 to people, via slowing wage growth and less social services to American’s in the median income on down? How? A/ Cut Government Employment B/ Cut Medicare C/ Cut Snap Food assistance and School Lunches D/ Cut Low income Housing Assistance Then, as these cuts take hold in the next 3-6 months… - Meanwhile, they plan to in Equal amounts Increase supply side stimulus to get ‘private Industry moving,’ this will send money to the top 0.1% of the top wage earners. Not increasing inflation, while stimulating economic growth. How? A/ Massive Corporate Tax Cuts B/ Gut the IRS and corporate financial oversight to reduce taxes further. C/ Deregulate to allow corporations to operate untethered to increase profitability. D/ Drill baby Drill The demand side policies take effect quicker than the supply side, So… as cyclical deflation takes hold in 6 months or so… they plan to respond quickly with: Loose Monetary Policy switching back from QT-> QE

take it however u see it

sometimes you will never know the value of a moment until it becomes a memory

The alternatives are: 1) Pump food and oil to inflate away the debt, in which case billions starve to death, possibly violently. 2) Default on the debt & execute the Great Taking to keep the system from collapse, leading to Great Depression 2.0 3) Productivity miracle 4) Inflate something "not used for anything" so no one starves & no debt collapses in nominal terms. - luke