90% of the crypto headlines I’ve seen over the past few days are about STABLECOINS, REGULATION, and INSTITUTIONAL ADOPTION.
People still don’t realize how big this is.
And they also don’t realize that this is exactly why institutions spent the past few months ACCUMULATING WHILE RETAIL WAS SELLING.
They were preparing for this behind the scenes.
They used retail as their counterparty to do it.
Now the narrative is starting to catch up with the positioning and the price.
My heart is legitimately broken to see that the post below only has a handful of reposts. If my work ethic and work product have blessed you at all since the GFC when my career on global Wall Street began, please share it now. This message must spread throughout our society ASAP.
Banding together as purple Christians and rising above the red Republican vs. blue Democrat tribal nonsense is the ONLY way we will overcome the tyranny of The Privileged Few paying top dollar to rig election outcomes, legislation, and regulation on their behalf at the expense of The People.
The alternative is another American Revolution or Civil War that YOUR sons and daughters will die in. If you disagree, it’s simply because you have not read enough Scripture or studied enough history to arrive at this obvious conclusion. We are not special.
Banding together as Christians—not as manipulated-by-the-media Republicans or manipulated-by-the-media Democrats—for peaceful reform is a far more desirable outcome.
Jesus Christ and I love you,
—Skipper ❤️+🤍+💙=💜
CORRECTION: Dale 2048 🇺🇸. I have young children whom I would like to see grow up before I get assassinated.
FWIW, throughout history, people who “red pill” the system tend to get assassinated: the Gracchi brothers, Abraham Lincoln, Mahatma Gandhi, Huey Long, JFK, MLK, etc.
THEY—the billionaires and trillionaires who have purchased controlling stakes in Congress, the White House, the Supreme (and lower) Court(s), AND THE MEDIA—have a deeply vested interest in preventing the following:
1. Campaign finance reform so that every citizen’s vote actually counts as one vote, rather than preserving the current system whereby the top 1% pay top dollar to rig election outcomes, legislation, and regulation on their behalf AT OUR CHILDREN’S EXPENSE.
2. A single flat tax that treats every dollar of realized income the same.
3. No tax loopholes to favor certain activities and interests, or to promote certain behaviors. As far as I’m concerned, the desire for people to procreate with desirable partners and take adequate care of their families—both while alive and posthumously—is genetic. You don’t need to corrupt the tax code to promote these outcomes. Human beings will do these things regardless of whether there are tax “incentives” for them—which we know largely favor the rich.
4. Trust-busting to reduce the power of monopolies, duopolies, and monopsonies over our economy and promote inclusive innovation.
5. Mandating that the Fed target stability in the US dollar vs. a basket of commodities or a neutral reserve asset like gold, OR removing the Fed’s “maximum employment” mandate—the mandate that causes it to consistently justify debasing our currency and perpetuating the historic Cantillon effect that is destroying our society—if returning to a harder currency regime is too painful.
These are the kinds of “radical” (read: common-sense) ideas that can get me killed if I’m not careful—hence waiting until 2048.
“The Lord is my strength and my defense; he has become my salvation.”
—Exodus 15:2
Jesus Christ and I love you and your children. Change your attitude towards our corrupt political system for them before it’s too late.
Reminder: The US has already fought a violent, bloody revolution and a violent, bloody civil war because The People have generally agreed with me and not with The Privileged Few. Unfortunately, history confirms that revolutions and wars are ALWAYS much worse for BOTH sides than everyone realizes at the outset.
I believe God pulled me up from the bottom 0.001% of the K-shaped US society to bring glory to Him by helping prevent this tragic outcome—or by helping our wonderful nation heal after it. I pray every day that I’ll be successful in either mission.
With love,
—Skipper ❤️+🤍+💙=💜
I have some deeply disturbing analysis to share. Stop now if you prefer the blue pill. Keep reading if you’re pro or con universal basic income — or “UBI” as it is known among us coastal elites.
I believe the incumbent, generally left-leaning — and deeply entrenched — US monetary policymaking cabal may be sabotaging the narrative regarding the health of the US labor market.
I don’t know if this is true or why they would be pursuing such an agenda if it is. All I know is that in nearly two decades on global Wall Street, I’ve never seen so many Ph.D. economists completely disregard — or perhaps intentionally obfuscate — an eminently observable truth from such a key economic statistic: labor supply.
I’m not a conspiracy theorist; decades of self-directed Bible study have taught me that human beings are generally tribal and deeply self-interested. This lesson makes me concerned that the consensus narrative regarding the alleged decline in the break-even rate of employment growth may be the result of a campaign to deny the current administration the monetary largesse that was generously supplied to the prior administration.
Or perhaps this is simply a case of Fed staffers not yet having enough time to properly study AI’s likely impact on the labor market. So, rather than spook the public about the risk of AI diffusion perpetuating a structural increase in unemployment, they are relying heavily upon the “lower break-even rate of employment growth” narrative to buy themselves more time for analysis.
FWIW, I have collaborated with the Fed for years and can confirm that the institution is full of incredibly bright, capable, and hardworking individuals who want the best for the American public. This experience leads me to avoid attributing to malice that which is adequately explained by mere uncertainty.
At any rate, I don’t particularly care if the incumbent, generally left-leaning — and deeply entrenched — US monetary policymaking cabal is engaged in a nefarious politicization of the Fed’s reaction function or if this is simply a case of a central bank flying blind during a historically uncertain period for the economy.
What I care about is evolving the narrative regarding the labor market to something that is more realistic and impactful than the intellectually lazy scapegoating of the administration’s border policy for why the labor market has suffered a severe loss of dynamism (e.g., the three-month SAAR of Private Sector Job Openings of -62% represents the sharpest contraction since the height of the COVID-19 crisis and the six-month SAAR of ADP Private Payrolls ex-Health Care & Education has been flat or negative for nearly two years now).
The more honest we all are about AI’s potential impact on the labor market — and our society — the more time and resources families and policymakers across our great country will have to prepare for it. This is bigger than finance.
With love,
—Skipper 💜
Dear X Support: @Support@elonmusk
I writing and others are Retweeting this to implore you to spend the time to restore Lyn Alden’s access to her X account. She was hacked and can no longer access it because the hacker changed the parameters. You think she has access. But she does not. Lyn is a brilliant engineer and commentator on investing and Bitcoin. She has over 700,000 followers!!!
#restorelynalden
@LynAldenContact
@mikealfred @Danny85732 Hi Mike. Understand limits to what you are able to communicate given your position. That being said any insights or comments on the IREN monthly report and energy to mine increase? As a shareholder a bit concerned. Many thanks