Oddbean new post about login | logout Good morning. Deficit spending will not end, federal debt will forever grow, and currency debasement will always follow. This is the life of a fiat currency. Have a great day.
I am half expecting 10:1 or 100:1 exchange ratio for future CDBCs, unit bias is a great way to debase quickly. Price of bread going from 0.1 to 0.2 just doesn’t feel like 10 to 20.
👀
GM☕️
JAMES YOU ARE THE LIFE OF EVERY PARTY AREN’T YOU??? LOL AS I WAS READING THIS I WAS THINKING…. WAIT IT’S NOT FRIDAY!!
Good morning Very sad that there are many that still believe that money needs to lose value to work. Let’s keep waking people up one at a time 🫡
Good Morning! Goats have a remarkable ability to climb. In some parts of the world, especially in Morocco, goats are known to climb trees in search of food. They often climb argan trees to eat the fruit, which is a rare sight that highlights their agility and balance. Have a great day.
Bitcoiners = 🐐 🤝
Just making fun of the "autism". It'd be real cool if this was the way people greeted one another:
"GM!
{random, very specific fact}
Have a good one!" It’s just math! 😅
Until the currency collapses
GM PV Wise words
its a long road downhill for #nocoiners. trust no one, prepare nostr:note1cjmtajd8ctm45wxkz7ezf5duqv7978v8u9yj0usdetsjsagqereqlrrxvr
In Venezuela they are accepting payments this way (from the more desirable to the least): gold, dollar, Colombian peso… They literally are not accepting the country’s currency. But officially this is Bolivar is the national currency… Totally ignored, but pompously official. The same for Lebanon.
And Bitcoin will continue to climb.
Yes, and tyranny will increase as they claw for control that they are losing. Exponential will be the word our grand children use most often to explain the speed of this transition.
But maybe we'll feel better if we vote harder and blame the other guys even more.
GM