Lawrence Lepard, "fix the money, fix the world"

Investment Manager, Equity Management Associates, LLC.
Sound money advocate. Gold stock fund manager. Austrian economist. Anti-Federalist. CrossFit Athlete.

[Lawrence Lepard, "fix the money, fix the world" @LawrenceL011]

The Big Print book is available in four formats, hardcover, softcover, Epub (Kindle) and Audio (Audible) with a PDF supplement for the graphs and charts.

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

The Big Print book is available in four formats, hardcover, softcover, Epub (Kindle) and Audio (Audible) with a PDF supplement for the graphs and charts.
https://t.co/e0NYXbnqxD

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

I love this guy! Cut rates, print money until our eyes bleed. 🤣🤣🤣

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

So tomorrow the Politburo/Gosplan will set the price of grain. Expectations are that they will increase it by 25 bps.

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

Big position.
I am a Director. DYODD
ZAUIF

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

CME Fed Watch tool:

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

Me:

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

All near record highs. Bondpocalypse.
@maxkeiser

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

The next PE grift. If you have family and friends with whole life policies or annuities you may want to check on the quality of the Insurance companies.

TLDR: a big portion of the Life Insurance and Annuities industry has been captured by Private Equity. They sell for premiums and have future liabilities on their balance sheet. They all have set up affiliate entities In lenient states like Vermont or off shore in Bermuda. Those entities do not have to disclose their assets. The US company transfers some of their liabilities to the affiliate to free up their balance sheet. The guy says he has seen cases where a company had $200B of liabilities and transferred $195 to the affiliate. He also saw by accident an affiliate that had $2B of liabilities supported by $200 million of assets. And many of the assets are PE and illiquid. Bottom line there are many life insurance policies and annuities that will not pay their commitments. The States will be on the hook but they have capped payouts. Interestingly he has been screaming about this and the Senate Banking committee took an interest and heard his testimony. But, a Federal bailout is a question mark. It’s incredible. Another case of PE screwing the common man who buys life insurance and annuities. Phoenix Life just failed causing $2B of losses larger than expected. There will be more. 🤦‍♂️

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

Credit Bubble Bulletin : Weekly Commentary: Bonds Taking Charge – and the Q... https://t.co/SYuyIwftYI

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

Bitcoiners acting like fiat Cantillionaires was not on my 2026 Bingo Card 🤦‍♂️

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

Sure

h/t @fermentedfranco

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

Coming to a country near you: The Big Print.

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

Ok, we’re sorry. Our bad.
We are only going to partially rip you off.
It would be like a thief only taking 60% of the money in your wallet. Still. Not honorable men.

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

Could be "God Candle" loading for the US Treasury 10 year.

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

Seamus (blue collar) showing his sisters who is boss.

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

Bessent: I am the house!
US 10 year as it screams higher, we will see about that.

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

We have entered the "loot the Treasury" phase

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

This past week has reminded me that you have to put up your shield when you are battling a malignant narcissist. Not fun. But felt like someone needed to do it.

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

in general my personal strategy is to avoid people like this like the plague