#Bitcoin legend Erik Voorhees @ErikVoorhees with the perfect libertarian view on the monopoly of the state:
"It's weird that most people recognize the danger of a monopoly in most industries, but when it comes to the monopoly of money, healthcare and education, they seem perfectly fine with some central monopoly dictating the rules."
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Per this CNBC reporting, the strategy favoring gold and Bitcoin now has a name: JP Morgan analysts are calling it "the debasement trade."
#economy#gold#bitcoin@jpmorgan@CNBC
5 years ago at the height of coronahysteria everyone worried about their savings.
If you put $10,000 in "risk-free" long-term US government bonds, you'd have $6,000 today.
If you put the $10,000 in "risky speculative tulip" bitcoin, you'd have $106,000.
HFSP, bondcucks!
BREAKING: More than 8 million New Yorkers will get inflation refund checks, the Governor has said.
Under the new plan, joint tax filers with income up to $150,000 will receive a $400 check and joint filers with income of more than $150,000 but no greater than $300,000 will receive a $300 check.
Single tax filers with income up to $75,000 will receive a $200 check and single filers with incomes of more than $75,000 but no greater than $150,000 will receive a $150 check.
so basically
> guy reported fake news
> all of world finance aped the news and added 2.5T to the market
> news is fake, so everyone dumped
so basically finance is just memecoins with suits
It is objectively hilarious that Trump announced a crypto strategic reserve, yet Wall Street canโt participate because they have antiquated hour of operations at their exchange.
Ron Paul would make a great next Chairman of the Federal Reserve. No other institution in American life has so eroded the purchasing power of working Americans as the Fed, and as a longtime critic and skeptic, Ron Paul would be a living and breathing forcing function to bring reform and accountability.
With a PhD in economics from his belt, Paul isn't just any politician; he's an economic wizard. His deep knowledge of monetary policy and the intricacies of central banking make him uniquely qualified to understand and critique the Fed's operations. Just read "End the FED" (3/x)