Bitcoin 2023 Prediction: No bottom until Recession priced in and Fed stops tightening. Maybe not until Fed starts cutting rates.
Price? I suspect lower than current ($16k)
8.5k-11.5k Bullish -85%
5k-6.5k Bearish -93%
See prior calls below.
#Bitcoin
https://t.co/tfK2Ol5XhJ
Of course capitalism isn't natural, you incomplete set of plastic picnic utensils.
What's natural is theft, robbery, and murder.
What's natural is anarchy, chaos, the rape of the weak by the strong, and nature red in tooth and claw.
The free market, which you call "capitalism", is not called "free" because everyone is free to do whatever they want. Because what a lot of people want to do is steal. You'll know which ones by the hammer and sickle logo they draw on things.
No, the free market is called free because it is freed from coercion and violence.
And of course it was spread by violence, you factory-defective lawn flamingo. Because it was spread by hanging all the bandits and robbers, and if hangings aren't violence I don't know what is.
And of course it's maintained by coercion, you British pub food connoisseur. If you don't coerce thieves not to steal, then they will steal everything you build faster than than you can build it.
You have to use violence to stop the violent, and coerce the coercers not to coerce.
And of course it's maintained by the superficial facade of liberal democracy, you Vogon poetry appreciator. The global average citizen is a mentally retarded third-world savage with less emotional self-control than my cat. If we let them have candidates that truly represented their agenda, then every useful thing humanity has built for the last twelve thousand years would be torn down in a week to buy them more party drugs. Followed by every woman being raped to death, and then uncomprehending starvation as they slowly and painfully learned that grocery stores don't spontaneously spawn food pickups, like in video games.
Jesus Christ, woman, you're talking about a species that evolved to live in hominid tribes of 100 apes, and throw rocks at zebras. In modern civilization, the so-called "average" person is so far out of his depth that the fish have lights on their noses.
And the more complex and sophisticated civilization gets, the more investments in the future that we need to protect, so that the retarded monkeys don't steal them all to buy more vodka and cigarettes.
Yeah, sure, sometimes capitalist systems end up defending property that someone's great-grandfather stole. But so fucking what? You think communism is gonna fix that? You think communism is gonna bring justice?
Communist nations can't afford justice. They can't even manage to feed themselves half the time. Get back to us when you've mastered the agricultural revolution, we've only been waiting since the beginning of recorded time.
The trick is to put the seeds in the dirt, guys.
Americans realizing they spent $75 billion fighting Iran, then another $300 billion rebuilding Iran, just to reopen the Strait of Hormuz that was already open before the war started
Monetize the debt, control alt print, let the commoners eat the inflation. Justify it with BS about jobs, for the good of the economy, blah blah.
Debt is too large for further hiking cycles. Cycle repeats. Forever. Or until the bond market cries uncle.
My 2 cents.
If legislators always vote with the President, we have a king.
If legislators always vote with the prevailing wind, we have mob rule.
If legislators always vote with the Constitution, we have a Republic.
A woman adopted two dogs from separate shelters 40 miles apart without knowing anything about their past, and the moment the second dog walked through the door both animals broke down crying and ran to each other — touching noses and whimpering in a way that stopped her cold. Calls to both shelters uncovered the truth: the two dogs had lived together for 6 years, been separated when their owner passed away, and had spent 9 months apart before a single person unknowingly brought them back together. Shelter staff said the odds of it happening by chance were almost impossible. They spent their first week refusing to separate by even a step, and still sleep pressed against each other every night as if they know how close they came to never finding each other again. Do you think something guided her to choose them both, or was it just the most unlikely luck imaginable?
Kirato Hitaka breaks the world record for most skips in a single rope jump with 8 skips in one revolution.
It’s almost impossible to catch in real time, but once they slow it down, you realize how insane it actually is.
@suffolkvillage Amazing! Love their music, dislike their politics (Commies) but like they know something is very wrong with our politics only they have the wrong answer.
SNL wasn't ready for a band like them 😂
I've decided to run for Chair of the Libertarian Party.
My platform is simple:
I will dissolve the Libertarian Party and apologize to the American people for wasting their time, money, and energy.
The Fed expanded the money supply by nearly $9 trillion under Powell.
Inflation has averaged >4% per year over the past 6 years.
Powell's explanation? It was nearly all due to rolling “supply shocks" over which the Fed has no control.
The truth: this inflation was made in Washington as it always is - from too much government borrowing/spending and too much government creation of money.
One of the most brutal realities of the male experience that nobody talks about is the absolute "affection desert" they live in. A woman can get a hug, a genuine compliment, and deep emotional support from her platonic friends on a random Tuesday. A man can go an entire calendar year without another human being touching his arm, asking if he's okay, or giving him a sincere compliment. We’ve built a society where a man only gets to experience basic human warmth if he is actively providing for a partner. Outside of that, he is completely invisible.