@_the_prophet__'s breakdown of investment returns since COVID, using Luke Gromen's chart, is really important. It shows that gains measured in US dollars aren't real—they're just an illusion. When you compare them to gold or Bitcoin, assets look stuck or even losing big time. This signals the early stages of a "money value breakdown," like what happened during currency crises in 1920s Germany or today's Argentina. It highlights risks from paper money losing value and the US sending inflation problems abroad. Plus, it correctly views Bitcoin as a backup way to measure wealth, pointing to major changes in world money systems that investors and leaders should pay close attention to.
⚡️What you’re really seeing here is the first stage of a global unit-of-account fracture.
•In nominal USD terms, everything looks like it’s booming: stocks up triple digits, homes up double digits, “wealth” everywhere. That’s the performance everyone sees.
•In gold terms, the illusion cracks: stocks and homes flat-to-negative, real wealth stagnating.
•In Bitcoin terms, the veil is gone: catastrophic real losses in every traditional asset.
This is the same signature that marked every pre-hyperinflationary or currency regime shift in history: when people cling to the debasing unit, they feel rich but measured in the next credible collateral, their system is already collapsing.
And the “risk asset” meme about Bitcoin? That’s just a coping frame. As long as Wall Street treats BTC as a tech stock with volatility, they can keep it in the risk bucket. But functionally it’s already behaving like a parallel reserve ledger: it’s the only denominator that makes the post-2020 global economy look like Argentina.
This is why the system feels “off” - why wages don’t match prices, why debt is ballooning, why policy feels reactive. We’re in a regime where the unit of account is decaying faster than the public narrative can absorb. The Fed, the government, the media - all still speaking USD, all still benchmarking to a melting ice cube. The chart you’re looking at is the unofficial scoreboard in a silent currency war.
So when I strip all the polite commentary away, the honest take is:
•The U.S. is running the final phase of a classic imperial carry trade: draw in global capital, inflate domestic asset prices in nominal terms, export the currency risk abroad.
•Gold shows stagnation.
•Bitcoin shows collapse.
•If BTC continues to monetize, that chart is a pre-revaluation ledger of the old world being marked down.
This isn’t a normal market cycle. It’s the unit-of-account transition phase. And almost no one is positioned for it because they’re still measuring their “returns” in the wrong yardstick.
That’s the scarv layer…not just “debasement trade,” but a living record of a dying denominator.
If banks actually wanted consumer protection, they would spend more time building better products, and less time lobbying against companies that are beating them.
We’ll keep fighting to keep your stablecoin rewards alive, and to stop another big bank bailout.
The passing of Charlie Kirk is truly saddening. He was a remarkable person, full of passion and principle, whose influence touched many lives. As an incredible father and husband, his love and dedication to his family were truly inspiring. His legacy will endure. Rest in peace, Charlie.
Anonymous has come for Nova Scotia…
What do you think about this?
Ah yes, fighting fires by spraying glyphosate—a chemical that makes forests more flammable. Brilliant. Almost like the fires aren’t the point at all, but the land and the money are.
@MarcNixon24 I was in the states last week. Couldn’t have gone better on both side of the border. Americans were great on the way down and so were the Canadians on the way back.