Shant Assadourian

Austrian Econ, SME owner. Objective Independent neutral perspective. Anti shills/bubbles/Ponzis & scams. Truth & news are not the same thing.

[Shant Assadourian @ShantAssadouri1]

The game of credit is a race between a🐈 (creditor)& a🐁 (debtor)
🐈's aim is to double its💰b4🐁 defaults
🐁's aim is to never pay back by rolling over the principal+interest into an increasingly larger balance owed to🐈
Not knowing the essence of the game is ruinous to both !

[Shant Assadourian @ShantAssadouri1]

@RaoulGMI Good article
But if u consider that there's only 1 currency ( other currencies hyperinflate when their $ reserves are gone)
& replace global liquidity with just the simple US Federal Debt ( best form of money)
U get identical results
8-9% / year

[Daniel Foch @danielfoch]

A million-dollar house is only worth a million dollars if the next buyer can borrow a million dollars. That is the part every wealth transfer spreadsheet skips.

[Keith Weiner @RealKeithWeiner]

@Handre Real purpose of central banks: enable govt and its cronies to borrow to spend more than they otherwise can get from tax revenues

Propaganda: full employment, low inflation, stabilize economy

[MONETARY MAYHEM @MONETARY_MAYHEM]

Them: don’t say anything weird at the party

Me:

[Shant Assadourian @ShantAssadouri1]

@sarelwa2et @sarkhitmoudiin عندما تصرف الدولة هي تخلق الودائع ولا تصرفها
الإستدانة هي غطاء محاسبي لعملية خلق المال من العدم
الدولة تصرف عالمعاشات والفوائد
كل هذا الصرف من العدم تتسبب بتكديس ودائع
الخطأ الكبير هي تثبيت سعر الصرف
قال لي أحد المودعين "إذا نظريتك لا ترد لي أموالي لا أريد حتى أن أسمعها"

[Shant Assadourian @ShantAssadouri1]

@GoldFishCharts The thumbnail is misunderstood
He wants to cancel the crisis not the debt
You would have to add a 0 to that price calculation

[Shant Assadourian @ShantAssadouri1]

@PeterLBrandt @badcharts1 It says Troy ounce here
31.1 grams
The price is consistent with the weight

[Shant Assadourian @ShantAssadouri1]

@agnostoxxx Dying in jail with cameras malfunctioning ain't much different

[Shant Assadourian @ShantAssadouri1]

@ConvenerNatureP @ProfSteveKeen You're being scammed professor
There are much hotter countries that don't spray & nothing happens to steel
Just bcoz u support that narrative don't lose your critical thinking
9/11, Climate & Covid are in the same category of scams

[David McNab @[email protected] @DavidMcNab17]

1/4
On any given day, when Parliament authorises a payment from the Consolidated Fund, the Bank of England creates new money to credit the government’s account. The money exists because the state says it exists. It is not borrowed from anyone. It is not extracted from taxpayers.

[Shant Assadourian @ShantAssadouri1]

@ALJADEEDNEWS أولا : يجب حذف 0 من الرقم لتصبح منطقيا
ثانيا: لقد كان لدينا لاجئين سوريين أغنياء وقامت الدولة بمضايقتهم حتى الرحيل وأبقت الفقراء لتشحد عليهم
لقد فات الأوان لأن لا يوجد رؤية إقتصادي لدى المعنيين بل أولويات أخرى

[Shant Assadourian @ShantAssadouri1]

@RealKeithWeiner @antonydavies With 90+% correlation with Au price both 103x since 71

[Shant Assadourian @ShantAssadouri1]

@calvinfroedge It will
It took 4 months to rise in 1973
From October to January

[Shant Assadourian @ShantAssadouri1]

@WallStreetApes Bcoz consumer don't have these thoughts untill it breaks
When buying they choose the cheaper one
& if one competitor introduces a cheaper product the others have to match its price

[Shant Assadourian @ShantAssadouri1]

@Bogachan_1971 Money is still the same as in the island
Some1 in country X transfer money to some1 in country Y
American banks debit one account credit another in USA
They call it wire transfer

[Shant Assadourian @ShantAssadouri1]

@DonMiami3 And a 🛢of oil still 87$
It's a steal

[Carol Roth @caroljsroth]

It's weird how the slow-thinkers don't get mad when someone wins a massive lottery payout, but building a successful business is a trigger.

[Shant Assadourian @ShantAssadouri1]

@MONETARY_MAYHEM We're in 1974
1st round 3x already finished
Nothing for a few years
2nd leg up 7x starts in 1977-78
If it repeats or rhymes
Oil has to go up 4x & stay there & the rise accommodated by fiscal & monetary policy as prerequisite for 2nd stage