FlippinBitz

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@VinnysCorner1 Revis should be 1 or 2

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@ReclaimD1 The dude is 87 years old. There is something to read into that…..

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@KollegeKidd ‘Why is it a done deal!?’

He saw the Taliban level artillery and thought ‘done deal’ meant his life! All the bad he’s done in his life, was here for vengeance.

He said that ‘done deal’ in such a high octave, Mariah Carey is jealous.

[FlippinBitz @FlippinBitz]

@intlmandotcom Not only is your ‘saved wealth’ inflated away but mankind’s advancements are stolen from the populace.

There is going to be a tipping point when most wakeup to the most nefarious and corrupt system undermining prosperity for all.

I hope im around to see it.

[Doug Casey's International Man @intlmandotcom]

In a fiat currency system, the benefits of deflationary technology primarily accrue to asset holders, because the forced inflation created by central banks pumps up asset values.

If we were living under an honest, hard-money monetary system, where the benefits of technology would not be offset by central banks debasing the currency, those gains would accrue more evenly across the population.

That is why we think the chart below is instructive.

It is a long-term view of real wages versus productivity.

The two tracked together well for decades, showing that as productivity increased, real wages did too. In other words, most people benefited from increases in productivity through higher real wages.

Then something changed around 1971, when that strong positive correlation broke. It was the year the US government cut the dollar’s last link to gold and the dollar became a pure fiat currency.

Since 1971, there has been a growing gap between productivity and real wages.

If you could transport yourself back to the early 1970s, just as the divergence between productivity and real wages began, and ask people what they thought 2026 would look like, they might have said something like The Jetsons—flying cars, advanced technology, and a society in which everyone was better off.

They probably would not have believed you if you told them that, in reality, people would be worse off in many ways in 2026 than they were in the early 1970s, despite enormous technological progress. We may not have flying cars or The Jetsons, but there have still been significant advances. Yet people’s standard of living has declined in many ways.

Today, many people are bewildered by how people could be worse off now than they were then. The answer is in this chart, which shows that the fiat system and currency debasement are the problem.

Despite advances in technology, the shocking level of currency debasement has not merely kept pace with the natural deflation that comes from increased productivity, but has vastly outpaced it… which is why people are, in many ways, worse off today than they were in the early 1970s. That prosperity has been stolen by inflation and fiat currency.

Since 1971, productivity has continued to increase, largely thanks to advances in technology, but those gains have not translated into growth in real wages as they had in the past under an honest money system. That is because under a fiat currency system, the central bank—the Federal Reserve—has created significantly more inflation than the gains in productivity, which meant real wages did not keep up.

However, those productivity gains from advancing technology did not just disappear. They were redirected somewhere else. They accrued primarily to asset holders, as wage earners chased rapidly depreciating fiat currency.

In short, the fiat currency system is a mechanism for transferring wealth created by technological productivity gains to asset holders and politically connected insiders closest to the money printer.

Frankly, it is a disgusting, dishonest system that operates at the expense of honest people.

But that is the nature of the monetary system we are all forced to live under. And it is wise to acknowledge it, understand it, and take action to protect yourself.

And now, with AI bringing a mind-bending level of productivity gains, this dynamic is about to go into overdrive.

[The Chief ⚓️ @C2thaL2thaIGG]

The greatest playoff run in NBA History…

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@pete_rizzo_ Hes right!

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@RyLiberty One of the few things @RyLiberty is just out right wrong on. You should do a deeper dive into it, if you did you would soon realize BTC is one of the greatest inventions against tyranny.

@RyLiberty its worth the time.

[Thomas Massie @RepThomasMassie]

Sending American tax dollars to other countries is like watering the neighbor’s yard while your house is on fire. 🔥

[FlippinBitz @FlippinBitz]

@MichaelTLester @samtripoli It has always been about land expansion. Once you see it, the conflicts in the Middle East become clear.

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@YouSceneThis PTA’s most underrated movie.

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@dotkrueger Ha, speaking like a guy that owns property. Hit the bid while there is one. Cali’s trajectory is obvious and it aint good.

[Simply Bitcoin @SimplyBitcoin]

SAIFEDEAN AMMOUS: “They can seize crypto. They can't seize bitcoin. Understand the difference!”

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@theirishtribune Anyone that has been to the ND campus and has interacted with the kids and faculty, will have a hard time understanding why ND is not in the top 5 ever.

It is by far, the best place to send your child.

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@BTCtreasuries So why own the equity?

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@Spurs_Nation Dude is a Dawg! Saw it at Uconn, didnt know he would make the leap so well. Never doubted how much he wanted it tho. Born a Dawg.

[FlippinBitz @FlippinBitz]

@nypost Money laundering scams. ‘A Rothko’ should be synonymous with scam.