SWEET MOTHER MARY OF NAZARETH!
They’re going to REVALUE GOLD. 😳
That move would push XRP over $100,000 as USD collapses and XRP remains the only global neutral settlement layer.
#XAUa
- Applies GR concepts gravity, ST curvature, BHs as metaphor for gov expansion, arguing it bends econ/value flows to concentrate money/power/value centrally.
- Extends critique of Keynesian econ by suggesting deficit spending, state intervention create self-reinforcing growth in
@Handre Does gov create gravity,? Curve metric so money & power flow faster into gov making gov bigger? Does too big gov become black hole & singularity?
@Handre Does gov create gravity,? Curve metric so money & power flow faster into gov making gov bigger? Does too big gov become black hole & singularity?
@Handre If government spending crowded out private investment, central banks wouldn't have to raise interest rates to crowd out private investment!
And the “in the long run we are all dead” quote was a correct response to claims that the market would solve everything in the long run.
Different times and fields of study, but Keynes and Fauci seem like related cousins. Both were enabling sycophants for governments that wanted power and control over their citizens. Both were deeply embedded in the machinations of overreaching governments. And both were widely praised by an adoring press.
In 1919 Keynes wrote:
"By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some. The sight of this arbitrary rearrangement of riches strikes not only at security, but at confidence in the equity of the existing distribution of wealth."
John Maynard Keynes was born in Cambridge in 1883, the son of an economist, educated at Eton and King's College, and groomed from birth to run things. He joined the British Treasury during World War One, represented Britain at the Paris Peace Conference in 1919, and quit in disgust over the Versailles reparations terms. He wrote "The Economic Consequences of the Peace" in six weeks. The book made him famous. He spent the next two decades making himself indispensable to every government that would listen.
You have to understand the world he entered. The 1930s Depression had shattered confidence in markets, and politicians were desperate for intellectual cover to spend money they didn't have. Keynes gave it to them. His 1936 book "The General Theory of Employment, Interest and Money" told governments exactly what they wanted to hear: your deficits are stimulus, your debts are investments, saving is a vice during downturns, and the state can manage aggregate demand better than millions of free individuals making voluntary decisions. It was flattery dressed up as economics.
The mechanics of what he proposed are worth examining carefully. Keynes argued that when private investment falls, government spending fills the gap through a "multiplier effect," where each dollar spent cycles through the economy and generates more than one dollar of output. Free market thinkers like Henry Hazlitt dismantled this in 1959 in "The Failure of the New Economics," page by page, showing that the model ignores where the money comes from. Government spending crowds out private investment. You don't create wealth by shuffling it through a bureaucracy.
Keynes himself was no ideological fanatic. He speculated heavily in currency markets, managed an investment fund for King's College, and made a personal fortune. He understood money intimately. Which makes his public policy prescriptions even harder to excuse. He once wrote that "in the long run we are all dead," offering it as a justification for ignoring the long-run consequences of inflation and debt. Generations of politicians tattooed that line onto their fiscal policy.
What Keynes actually built was a permission structure, not a science. He handed the 20th century's expanding state a vocabulary sophisticated enough to silence critics and simple enough for a Finance Minister to repeat at a press conference. Every sovereign debt crisis since 1945 carries his fingerprints.
You passed physics in school. A former NASA fellow says that means nothing. You memorized the formulas and never understood a single one.
His proof is the most famous equation on Earth. F equals ma. You have written it a hundred times. And he says you have been reading it backwards your whole life.
It should be a equals F over m. Not force equals mass times acceleration, but acceleration is caused by a force. One is a string of symbols to memorize. The other tells you what actually happens in the universe: push something, it moves. Cause, then effect.
Flip that one idea and equations you hated in school start to breathe. V equals IR becomes current is driven by voltage. Even E equals mc squared stops being trivia and becomes the sentence that told Einstein what mass really is.
The comments are full of people admitting the same quiet thing. Aced physics in high school. Got to university. Realized they never understood any of it. One writes that in his country, the moment you try to actually understand physics, your grades drop, because school only rewards cramming.
You were not taught physics. You were taught to pass a test and forget it. This is the video that shows the difference.
The Fed held rates. The bond market hiked them anyway, driving the 30-year Treasury to 5.23%, the highest since July 2007.
Washington is calling that tightening. It looks closer to a bill. Treasury needs 671 billion dollars of privately held borrowing this quarter alone, and its own dealer advisers see a 1.3 trillion dollar funding gap across 2027 and 2028 if auction sizes stay where they are.
The vote was 9 to 3, holding at 3.5% to 3.75% where the rate has sat since December, the fifth consecutive pause. All 3 dissenters were regional bank presidents, Beth Hammack of Cleveland, Neel Kashkari of Minneapolis and Lorie Logan of Dallas, and all 3 wanted a quarter-point increase. That is the first time since September 2016 that 3 policymakers broke ranks in the same direction. Warsh called it a good family fight and said it was the design feature. The Dow fell 1,153 points, 2.19%, its worst day since April 2025. The Nasdaq Composite closed more than 10% below its record.
The official reading is that silence did the work. Warsh has stripped forward guidance out of the statement and pointed to materially higher nominal and real yields as proof conditions had already tightened without a hike. Read his exact words though. He said the reduction in guidance may have been a factor. May. A factor. He did not claim to have engineered the move, and the yield rise between meetings was already large before he opened his mouth.
The harder reading is that the long end has stopped being a Fed price. It is now an auction price for 4 risks the committee cannot vote away. Crude above 90 dollars. Inflation running above target for more than 5 years. The sheer volume of Treasury supply. And genuine uncertainty about the reaction function itself. Silence did not create any of those forces. It removed one of their dampeners.
That sets 2 loops running that most policy models do not carry. In the first, higher long yields tighten conditions, the Fed cites that tightening as a reason to hold, and if the hold reads as insufficient the inflation premium climbs again. Market distrust substitutes for policy action, and policy inaction then validates the distrust. In the second, every basis point that restrains private borrowing also raises the government's own interest bill as debt rolls over. Higher debt service demands more issuance. More duration supply demands a higher term premium. The tightening worsens the arithmetic that helped produce it.
Warsh said there is no soft inflation target and only one number, 2%. The bond market answered by charging 5.23% for 30-year money. The Fed still controls overnight money. Fiscal supply, oil and inflation expectations now control duration. The Fed held, the bond market hiked, and the long end may be tightening for precisely the reason no central banker should want credit for.
@r0ck3t23 Gov is producer of laws, rules, policies, politics, rights, edicts, orders, taxes, duties, writs, charges, .. Has competition fm anyone who says "I'm law here." Mafia, church, cults, .. Sells words promises signature as warranty .. provides aft sales service by standing behind it
We live in a gerontocracy… and it’s immoral.
Every economic decision over the past 50 years has been made to benefit the old at the expense of the young.
No wonder young people want communism.
The oldest 20% of the country owns +60% of the wealth. While their assets inflate exponentially — life for young people is deteriorating unsustainably.
The average age of a first-time homebuyer is now 40. Well past the age of prime fertility and healthy family creation. Young people are delaying getting married and having a children out of financial strain and cultural dystopia.
Young people don’t have the same real wages and opportunities that their parents had. Because of suicidal federal spending — the dollar has never been worth less and cost of living has never been higher.
This is catastrophic culturally.
It’s a crisis. It’s immoral.
The older generation needs to start feeling this responsibility. You had a great run. Now demand reforms to leave an inheritance for your children’s children.
Eliminate taxes for new parents and young homebuyers. Incentivize family creation and property ownership and entrepreneurship and ownership.
Do it now or the future will be communist.
We must realign society to catalyze the American dream for young people 🇺🇸
If Republicans put the SAVE America Act on the floor in August and kept the Senate in round the clock session until a final up-or-down vote on passage and refrained from speaking on the floor to force Democrats to bear the brunt of obstruction, I suspect vote would be in a week.
As of this morning July 29 2026 the SAVE America Act remains stalled in the Senate. Democrats continue blocking it via filibuster which requires 60 votes. Prior attempts failed with some Republican opposition. Trump is still pressing Thune to cancel the August recess starting around Aug 10 or end the filibuster. Thune has said he needs a clear path to passage first. Senate convenes at 10:30 a.m. ET today with no reported action on the bill.
@IcedBrewX@MAGAlwr5 Yes, the post is outdated. That exact 48-50 rejection of the SAVE America Act amendment happened on June 4, 2026. McConnell voted no then, but he has not cast a Senate vote since June 11 and remains unable to return to the floor due to ongoing recovery from a fall and pneumonia.
🚨 BREAKING: The US Senate has just REJECTED the SAVE America Act as part of budget reconciliation, 48-50 — would've required voter ID and proof of citizenship nationwide
REPUBLICAN NAYs: Thom Tillis, Lisa Murkowski, Mitch McConnell and Susan Collins
UNBELIEVABLE!!
It needed 60 votes.
Why can't the Senate pass what over 80% of Americans want?!