I think it's interesting the many of the people on social media criticizing me for being against Bitcoin are also criticizing me for being against the . If you're anti-force, and support a free market when it comes to you should feel the same way about wages.

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The real reason @elonmusk may be interested in helping to sustain the bubble is that the last thing he wants is for bubbles to start popping. When you live in a bubble it's very dangerous to throw pins at others. The risk is that an errant pin inadvertently pops yours!

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The real reason @elonmusk may be so interested in helping to sustain the bubble is that the last thing he wants is for bubbles to start popping. When you live in a bubble it's very dangerous to throw pins at others. The risk is that an errant pin inadvertently pop yours!

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The nefarious reason support a $15 is that they want to create a larger army of legally unemployable voters. Once job opportunities are cut off, voters are depended on government programs. The fear of losing those benefits guarantees more Democratic votes.

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If @elonmusk or @RayDalio intended to buy they would not announce it to the world in advance. They clearly know the effect such an announcement would have on price. So either they already bought all the Bitcoin they want to own, or they are unlikely to actually buy any.

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It's Springtime for . Life imitates art. Mel Brooks saw it coming in "The Producers." Failure is now success on Wall Street. Production credit for this comedy goes to the Fed. When the curtain falls it will be a tragedy. Same ending for .
schiffradio.com/springtime-for

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It looks like the raiders have turned their attention to stocks. They're getting smarter. Silver stocks are actually cheap, and represent good investment value. The fact that some investors were foolish enough to short these stocks makes their trade even better.

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Jerome Powell said it's not the Fed's role to comment on fiscal policy, so it leaves those decisions to Congress. But without the Fed's cooperation in monetizing the debt, fiscal stimulus is impossible. The Fed is the enabler of fiscal profligacy. Actions speak louder than words.

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It's clear by the way the Fed tweaked the language in its official statement that it's more concerned about growth and less worried about inflation. This assures the inflation threat will grow much larger as the Fed ignores its rise and prints more money to fund deficit spending.

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Losing the private key to your Bitcoin wallet is not the same thing as forgetting where you buried your gold. When gold is lost the world loses something -- the potential use of that gold as a metal. When Bitcoin is lost the world loses nothing. is wealth. is not.

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The financial media is complicit in aiding @michael_saylor in his attempt to lead U.S. corporations down a primrose path to financial ruin. He wants to entice CEOs into padding their earnings with paper gains in a pyramid scheme, thus inflating a bubble within a bubble.

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For all the talk about pent up demand driving strong economic growth after the pandemic, the truth is we must pay the bill for all the stimulus during the pandemic. Because we borrowed so much to mitigate the recession, we need to spend less during the recovery to repay the debt.

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Macro Economics, Stocks and Crypto