Jeff Ross

Random pleb.
Fund manager.
Former physician.
- Macro
- Bitcoin
- Geopolitics
- Often wrong
- Random musings
- Sometimes funny

[Jeff Ross @FormerDrJefff]

Ama ben bütün sorunlarla baş edemem ki. Ayyy Allahım düşmanın da akıllı ve ahlaklısını versin

[Jeff Ross @FormerDrJeff]

Few yet understand that AI and its capabilities (both beneficial and detrimental) are ascending upon the linear-growth of humanity at an exponential rate.

[Jeff Ross @FormerDrJeff]

UNPOPULAR OPINION: Eating green leaves is greatly overrated for human health… and not just because of increasing numbers of parasitic eggs.

[Jeff Ross @FormerDrJeff]

Exactly right.

[Jeff Ross @FormerDrJeff]

In other words, Bessent is performing indirect yield curve control.

Bullish for hard assets (e.g., gold and bitcoin) as well as risk assets.

[Jeff Ross @FormerDrJeff]

This is the stuff of peasant uprisings and revolutions.

Coming to fruition in the coming years, imho.

[Jeff Ross @FormerDrJeff]

+1

[Jeff Ross @FormerDrJeff]

What I'm watching... 👀

TA enthusiasts may find this weekly $btc chart interesting.

Positive RSI divergences often lead to ________ price action.

The price hovering around its 200-week SMA is just an added bonus.

[Jeff Ross @FormerDrJeff]

"Great minds discuss ideas, average minds discuss events, small minds discuss people."
- Henry Thomas Buckle

I think about this a lot.... Especially when I lurk in Spaces to feel the vibe.

[Jeff Ross @FormerDrJeff]

Normies can't help but to focus on money's role as a medium of exchange.

We live in a Consumption-based society after all.

But what most fail to grok (or acknowledge) is that the core feature of Money--and all of Finance, really--actually revolves around Purchasing Power.

IMPORTANT: The Creation and Control of money are the proverbial Keys to the Kingdom.

Whoever Creates and Controls money also has the ultimate say regarding the Purchasing Power of its Users (or Participants).

When the State Creates and Controls your money, they get to decide how much--if any--of your Purchasing Power they will confiscate over time.

And...

Since the ability to confiscate (aka, "steal") our Purchasing Power via the Creation and Control of money is nearly irresistible, the State chooses this option... every time.

Always. Without fail.

Until the State grows so large relative to its underlying People's waning Purchasing Power, that the State fails.

This has happened time and again throughout recorded history.

And it's happening again.

Right now. Across the Modern World.

But especially in Europe, the United States, and Japan.

These countries have accumulated so much debt--that is, they have borrowed, taxed, inflated, stolen, and spent their countrymen's Purchasing Power--and have grown so large, that their citizens' Purchasing Power is no longer able to sustain their grotesque girth.

Bitcoin--for the first time in recorded history--changes this dynamic.

It puts the Creation and Control of money directly and irrevocably into the hands of the People.

This means that the People get to remain in charge of their Purchasing Power--not the Aristocrats--for the first time in recorded history.

This is why it is Critical to keep the Bitcoin Network Decentralized and Secure... well away from those who would like to manipulate it to regain and restore the Creation and Control of your Purchasing Power.

Bitcoin is truly Better Money for a Better World, because it is Of the People, By the People, For the People.

This is a Once in a Species opportunity for lowly, hard-working, honest, regular people... so let's not blow it.

That is all.

Cheers.

[Jeff Ross @FormerDrJeff]

+1

[P.D. Mangan Health & Freedom Maximalist 🇺🇸 @Mangan150]

There's no need to worry about sodium.

Or saturated fat, for that matter.

If you’re going to worry…

Worry about having a large waistline or about being under muscled.

Those are real problems.

[Jeff Ross @FormerDrJeff]

Yes.

The lower half of income earners have essentially been living through a Depression since the 2008-09 GFC.

Meanwhile, asset owners have continued living high on the hog.

This dichotomy is nearing an end, I suspect.

[Jeff Ross @FormerDrJeff]

I agree that it ISM Manufacturing data is "very different than 2022-2025"... and this is encouraging.

With the caveat, however, that the overwhelming majority of this ISM strength is from the AI-related datacenter build-out... which is currently consuming the majority of current and future electricity/capital production.

This is effectively siphoning electrons and dollars away from other industries; for example, Bitcoin mining.

[Jeff Ross @FormerDrJeff]

👀

[Luke Gromen @LukeGromen]

10y UST yield (blue, RS) v. USDJPY*oil (red, LS), since BOJ lifted YCC ceiling on 10y JGB's in July 2023.

The Iran war & Hormuz closure many said would break China is instead breaking Japan & the UST market first.

This is why Bessent is supporting the JPY, but it won't work, because US foreign policy in Iran & Ukraine is actively working against him by keeping oil high.

Bessent is now in the position of the Bank of England in 1992.

Let's watch.

[Jeff Ross @FormerDrJeff]

Yes.
Buckle up, kids.

[Ray Dalio @RayDalio]

Yes, we are past the point of no return.

When debt service payments squeeze out spending, it is like plaque in the circulatory system squeezing out the flow of blood. It is the same kind of thing, and it can be measured. We are seeing that happen right now.

There is also a supply and demand issue. A budget deficit means that debt has to be sold. We can see this happening in the bond market—bonds have been a bad investment, and there is pressure on interest rates and borrowing.

This dynamic is happening, but people are treating it like it hasn't happened before. They don't understand that, just like plaque in the arteries, the debt builds up and they have that exposure.

[Jeff Ross @FormerDrJeff]

30-year Treasury yields climbing to Valhalla.

My friend (and legendary trader) @PeterLBrandt thinks that the next upside target may be... wait for it... 7%. 👀

Lesson: War is expensive... and very inflationary.

cc: @LukeGromen

[Jeff Ross @FormerDrJeff]

This cold card wallet exploit and the “urgency” of the pending Clarity vote seem oddly coordinated to me.

Probably just a coincidence that it’s sending Bitcoiners into a panic to move and centralize their sats, right?

Right?!?

[Jeff Ross @FormerDrJeff]

The separation of Money and State remains the most important fight of our Age.

As the #FourthTurning converges with the exponential build-out of the Digital Age, now is the time for the plebs to claim the creation and control of money, away from the over-powerful nation states.

#Bitcoin is the soundest and fairest money that allows the common man and woman to exchange value for value.

It is the Blue Collar Dollar.

It is the only real money that is Of the People, By the People, For the People.

It will incentivize humans to work with each other and build a better world, rather than fighting with each other and destroying the world.

This is worth fighting for.