Bojang - Subscrib.io

NFT Collector, Founder, Architect, Real Estate Developer, Publisher, Importer

[Bojang - Subscrib.io @Locobotio]

@StoicHobo @CollinRugg @AshtonForbes Sounds like dmitri might have had something to do with it.... Investigate this guy... Lol

[Elon Musk @elonmusk]

California legislators are trying to make investigating fraud illegal

[Patrick Bet-David @patrickbetdavid]

Fathers, no matter how tired you are when you get home from work, remember this.

One day, they’ll stop asking you to play. And you’ll wish you were this tired again.

[Bojang - Subscrib.io @Locobotio]

@AlexHormozi @ZssBecker @LeilaHormozi I've never thought about this concept but this makes so much sense. My wife and I have been trying to build a brand for the last 4 years (it's going incredible) but this little concept is so important. Having to be your own " cheerleader" gets tiri but you have to keep going

[Bojang - Subscrib.io @Locobotio]

This guy has always had my respect.

[Mike Netter @nettermike]

Shaquille O’Neal said, “My stepdad was a Sergeant in the Army, a serious and strong man of character. We had an excellent relationship...

I once played at Madison Square Garden against the New York Knicks in my first season in the NBA.

I had a terrible game.

Afterward, he called me and asked why I played so badly.

He wondered if it was the pressure of facing Patrick Ewing and the Knicks. I told him I felt pressure.

He said, ‘Tomorrow, I want you home at 7:00 AM. Pick me up. We’re going to see a family that has no home.’

On the way, we encountered a family in need.

My stepdad stopped, gave them money for their next meal, and said,

"That’s pressure. You have everything; you’re weak. There’s no pressure in playing basketball and earning millions of dollars. Real pressure is felt by those who don’t know when or where their next meal will come from."

He told me to get out and help that family.

I got out and saw a man with his wife and two children who had just lost their home.

The man was looking for work. He told me he was cutting grass.

I called a friend and asked him to get this man a job.

I called another friend and said I needed an apartment for a family of four, promising to send a check the next day. They needed help.

After that, I never felt pressure in a basketball game again because that family had real pressure.”

[Bojang - Subscrib.io @Locobotio]

Take the time to read this

[Peter Girnus 🦅 @gothburz]

I'm a currency strategist at Treasury.

Yesterday the dollar hit a four-year low.

Worst single day since April.

Down 9% for the year.

Weakest since 2022.

The President said "I think it's great."

He's right.

It is great.

For us.

There's a document.

You probably haven't read it.

It's called "A User's Guide to Restructuring the Global Trading System."

We call it the Mar-a-Lago Accord.

It was written by the guy who now sits on the Federal Reserve.

Before that, he ran the Council of Economic Advisors.

The document says to weaken the dollar.

On purpose.

As policy.

We did.

The thesis is simple.

A strong dollar makes American exports expensive.

A weak dollar makes them cheap.

If we want factories, we need a cheap currency.

If we need a cheap currency, we need to devalue.

If we need to devalue, we need to do it slowly.

So nobody notices.

Until they do.

Yesterday they noticed.

Swiss Franc hit 15-year highs.

Gold hit all-time highs.

The yen strengthened.

The euro strengthened.

Everything strengthened.

Except us.

That's the plan.

People ask if I'm worried.

About the decline.

About what it means.

I say I'm "constructive."

Constructive means the plan is working.

Here's what nobody tells you about currencies.

They're not markets.

They're policies.

Central banks don't observe exchange rates.

They create them.

The rate check we did on January 23rd?

That wasn't observation.

That was intervention.

We called the trading desks.

We asked for prices.

The market understood.

The dollar dropped.

Mission accomplished.

The Secretary wants a weaker dollar.

The President wants a weaker dollar.

The Accord says weaker dollar.

Everyone agrees.

Except the people holding dollars.

But they don't vote on currency policy.

They just experience it.

---

Let me tell you what a weaker dollar means for you.

Everything imported costs more.

Your purchasing power declines.

Your savings buy less.

Your vacation is more expensive.

Your electronics cost more.

Your gas costs more.

Your groceries cost more.

That's not inflation.

That's "competitiveness."

---

In 1971, Nixon ended the gold standard.

He said it was temporary.

Fifty-five years ago.

Still temporary.

Back then, one dollar bought one dollar's worth of goods.

Today, that same dollar buys 12.5 cents worth.

We've devalued 87.5%.

Over 55 years.

At 3.85% per year.

Compounding.

---

700% cumulative inflation.

That's not a bug.

That's a feature.

Debt becomes cheaper to repay.

Wages lag behind prices.

Assets appreciate.

If you own things, you win.

If you earn things, you lose.

That's monetary policy.

---

The national debt is 100% of GDP.

It'll be 134% by 2035.

You know how you pay down 134% of GDP in debt?

You don't.

You inflate it away.

You devalue the currency it's denominated in.

You make the number smaller by making the unit smaller.

That's not default.

That's "monetary flexibility."

---

Consumer confidence just hit 2014 lows.

People feel something is wrong.

They can't articulate it.

They just know things cost more.

They know their paycheck goes less far.

They know something broke.

Nothing broke.

This is the machine working.

---

89% of economists agree.

If the Fed loses independence, risk premiums go up.

Treasury yields spike.

Borrowing costs explode.

Growth slows.

So we're very careful.

We don't say we're taking independence.

We say we're "rethinking coordination."

Same outcome.

Different press release.

---

The President said he could move the dollar "like a yo-yo."

Up or down.

He's not wrong.

Currency is a policy lever.

We pull it.

You feel it.

---

Sweden's pension funds are selling Treasuries.

Denmark's pension funds are selling Treasuries.

China is selling Treasuries.

They're buying gold instead.

Smart.

They read the Accord.

---

There's a term in the markets now.

"Sell America."

It means foreign investors are reducing exposure.

To our stocks.

To our bonds.

To our currency.

They see what we're doing.

They're protecting themselves.

You should too.

But we won't tell you that.

---

The dollar is the world's reserve currency.

For now.

The Accord says we can keep that status.

While also devaluing.

Having it both ways.

That's the theory.

We'll see about the practice.

---

Gold at $5,000.

Silver at $110.

Bitcoin at whatever Bitcoin is at.

These aren't bubbles.

These are exit signs.

People are leaving the dollar.

Not because they hate America.

Because they read the policy.

---

I'm updating my LinkedIn.

"Led currency transformation at Treasury."

Transformation is accurate.

We transformed the dollar.

From strong.

To competitive.

---

The President says the dollar is "doing great."

He means it.

It's doing exactly what we wanted.

Going down.

On schedule.

According to plan.

---

Your savings are doing less great.

But nobody asked you.

---

I have a chart on my wall.

Purchasing power of the dollar since 1913.

It starts at 100.

It ends at 3.

A 97% decline.

Over 113 years.

I look at it every morning.

And I think:

We have 3% left to go.

---

The dollar is doing great.

Exactly as designed.

You just weren't supposed to notice.

Until it was done.

---

You noticed.

But it's already done.

It was done in 1971.

Everything since then has been execution.

Slow.

Steady.

Relentless.

3.85% per year.

Compounding.

For 55 years.

And counting.

---

"I think it's great."

That's what he said.

That's what we think.

That's what the Accord says.

That's what the policy achieves.

The dollar is doing exactly what it's supposed to.

Declining.

Slowly.

So slowly you think it's natural.

It's not.

It's policy.

---

My bonus is paid in dollars.

But I keep it in gold.

---

That's the difference between making policy.

And living under it.

[Bojang - Subscrib.io @Locobotio]

I had a hard time understand this too, but think about your personal hard drive as the key to everything you do, personal, work, etc. and if you connect clawd bot to that it can do or modify any file on that server. However if you use a separate computer you can pick and choose what you give it access too. For example, if you have a tax spreadsheet that you use for your book keeping, or a document with sensitive access information, you don't want clawd to make a mistake and accidentally share that file across your personal email network. Where clawd lives needs to be a clear work environment to minimize mistakes.

[Bojang - Subscrib.io @Locobotio]

@pelositracker Call option leaps of that much smaller quantity are hedges against her sell positions

[Bojang - Subscrib.io @Locobotio]

@coinbureau @FenoXBT I think he is describing free markets

[Bojang - Subscrib.io @Locobotio]

Disagree, very well written but very shortsighted and naive to think that deals and partnerships are forged from a position of weakness. Americans have given to the world like the giving tree and we have nothing left to give. Asking for reciprocity and respect is not done from a kneeling position. If the world wants stability, it starts with reciprocity. Trade reciprocity, defense reciprocity, inter-country law reciprocity. If the world wants peace it comes from respect: cultural heritage respect, human rights respect, and respect of representation. For the people being represented by Trump in America, these ideals have been trampled on, spit on, burned, and disregarded for too long and they arent going to make any progress of change from a kneeling position. This is an opportunity for other countries to increase their sovereignty, build partnerships, and change trajectory. They shouldn't be shortsighted.

[Bojang - Subscrib.io @Locobotio]

@realpeteyb123 @RobertKennedyJr Restoring my faith too! Americans can do great things when we work together. Hoping for an honorable outcome.

[Bojang - Subscrib.io @Locobotio]

@RepAngieCraig Propaganda

[Bojang - Subscrib.io @Locobotio]

@financedystop Yikes

[Bojang - Subscrib.io @Locobotio]

You can't just dismiss anything that goes against your personal viewpoint as theatre. The truth is, Americans have been footing the defense bill for Europe for far too long. Our cities are crumbling, our peoples quality of life is diminished, and we are ready to focus on ourselves for now. You guys need to be big girls and boys and take care of yourselves for a while. Americans, especially conservatives still see Europe as our "strongest" allies.... But we need you guys to get off the teet for a while. Don't whine about that, just get it done. It's a sign of respect not the opposite.

[Bojang - Subscrib.io @Locobotio]

@JtotheAY @WallStreetMav @grok Worst return on investment ever

[Bojang - Subscrib.io @Locobotio]

@MannsterRick @WallStreetMav @grok Keep saying that loser

[DogeDesigner @cb_doge]

Elon Musk asked Grok for words of optimism about the singularity using voice mode.

Here is the full conversation between Elon Musk and Grok:

[Bojang - Subscrib.io @Locobotio]

@SeaeyesTri They have to add that into the manual bc someone in your generation clearly drank the contents of the battery....rules follow action, they don't anticipate it

[Bojang - Subscrib.io @Locobotio]

@EthanBenard Good for you brother! Stay focused, don't give up, this year will be life changing. Hard work always pays off

[Bojang - Subscrib.io @Locobotio]

@Jes3CAgrl4Life1 Love this guy! Merica!