Unsinkable2

Avid supporter of the little guy. Strength in numbers. ‘Me,We’

[Unsinkable2 @Unsinkable_2_]

@philippilk Technically they aren’t printing dollars, money supply doesn’t increase.

[Unsinkable2 @Unsinkable_2_]

@PiQMarkets If true, whoever leaked this information should be detained for treason and whoever allowed for it to be reported should be fired.

[Unsinkable2 @Unsinkable_2_]

@unusual_whales Yeah because that’s going to really help, Japanese will thank you 🙏🏼
Fortunately, decision not down to Kashkari.

[Unsinkable2 @Unsinkable_2_]

@blue_eyes3532 @unusual_whales 🧐

[Prof. Steve Keen @ProfSteveKeen]

Inflation hit 9% in 2022. Everyone panicked. Today it's 3.4% and the deficit is bigger than it's ever been.

So let me get this straight.

The government is spending more than ever, Trump is throwing half a trillion extra at the military, DOGE collapsed before it even started, and inflation went down?

Budget deficit equals Zimbabwe. That's the logic you'll find in every economics textbook on the planet.

I've been calling it bollocks for 30 years and the numbers keep proving me right.

Here's what actually happened.

All that deficit spending landed in people's bank accounts.

Not in some abstract financial black hole.

In actual accounts where actual people used it to buy things, hire workers, build AI data centres, and keep the economy turning over.

That's what government spending does. It creates money in the private sector. It doesn't steal from it.

Elon Musk showed up promising to gut the whole thing. Slash spending. Balance the books. Save America.

He came, he went, the deficit got bigger, and the economy kept going. Funny how that works.

The crowd that screams hyperinflation every time a government runs a deficit has had four straight years to be proven right.

Inflation went from 9% to 3.4%.

They're still waiting.

For a more comprehensive understanding, refer to the full video presentation given in the comments.

#SteveKeen #Inflation #GovernmentDeficit #USEconomy #DOGE #PostKeynesian

[Unsinkable2 @Unsinkable_2_]

Great, take us back to chicks with dicks and anal sex books in our schools, hundreds of billions in fraudulent claims, dangerous illegals on the streets and re-open the border for all their brothers to join them! 👍
I know which side of the fence I am on and I used to be a liberal!

[Unsinkable2 @Unsinkable_2_]

@cardmaster30 @WhiteHouse @VP I am not an American and I wholeheartedly disagree with you. That said, to be fair, I am in a much more informed position than you are!

[Unsinkable2 @Unsinkable_2_]

@WhiteHouse @VP @BernieSanders this is what you should be helping with rather than attacking Billionaires with a wealth tax! $230B+ of tax payers money being stolen…. This is what I call ‘low hanging fruit’!

Not a good look for the Dems!

Keep going JD! 👏

[Unsinkable2 @Unsinkable_2_]

Great but you could have the entire S&P on your council; unless they’re actually using the network, having such names/brands will always be perceived as mere PR. So many names on the council and very very little to show from them (despite them all receiving HBAR rewards) for years. Makes it look like a bit of grift/grab.
Will Hitachi actually use the Hashgraph consensus, because if they don’t then it’s really not a good look for the network. Got to increase network usage!

Advice/guidance is great but substance matters.

[Unsinkable2 @Unsinkable_2_]

@GangsterCinema Shouldn’t have to convince anyone of anything. It’s called free will.

[Unsinkable2 @Unsinkable_2_]

@CheekyCrypto How did HBR obtain the tokens? More to the point, did they purchase them or is it their job to sell what they have received on behalf of the network/individuals (rather than these tokens be sold on crypto exchanges??)

[Unsinkable2 @Unsinkable_2_]

@thehbarbull Any crypto project can sign up to the mastercard partner program. Stop sensationalising.

[Unsinkable2 @Unsinkable_2_]

Additionally, got to factor in the AI momentum trades that have also acted as a massive drain from crypto market.

We come back to liquidity in the crypto market or lack thereof… can’t see anything changing unless there’s an announcement that’s fundamentally bullish (dollar weakness / debasement trade back on, Clarity Act passed, Japan’s advancement of policy, EU/MiCa launch milestones etc)

[Unsinkable2 @Unsinkable_2_]

The ETF’s were a Trojan horse as far as crypto is concerned. Banksters can now control underlying asset price. Just like silver tbh. They can pump it and/or dump it. Additionally, we now have the likes of Polymarket etc that have sucked liquidity and attracted new users.
Future of Crypto comes down to the underlying network earnings and forward forecast. Easier to think of them as equities (from an investment perspective). The winners will be globally regulated/approved networks that can operate at scale. Bonus points for an Agentic offering.

[Unsinkable2 @Unsinkable_2_]

@thinkingcrypto 99.9% certain Clarity won’t progress/pass.
It’s politically weaponised now and my experience is that the Banksters always win.
If so, best we know who’s holding back… name & shame them before midterms. I can’t see a vote happening though because of this. Shame.

[Unsinkable2 @Unsinkable_2_]

@davincigraph Where/how did they obtain the Hbar tokens? Asking for a friend.

[Unsinkable2 @Unsinkable_2_]

@Joshuwa Any crypto project can sign up to the program. No need to sensationalise.

[Unsinkable2 @Unsinkable_2_]

@MarcoSalzmann80 @hashgraph Any crypto project can sign up to the Mastercard program. Stop sensationalising the announcement.

[Unsinkable2 @Unsinkable_2_]

@hashgraph @hedera @Mastercard Just for the record, any crypto project can sign up and partner.

I would love to know the competitive performance (at scale) against other L1’s that have joined the Mastercard program.

I will be keeping a close eye on updates.

[Unsinkable2 @Unsinkable_2_]

Ultimately the future of crypto will be pegged to the performance of the L1. This is where ‘utility’ matters.
If we assume that native tokens on leading L1’s are treated as commodities, the question is what will the demand for that commodity be?
Unfortunately, at this juncture, at this time, the demand for HBAR is practically non existent. Whether all the POC’s lead to demand of the underlying commodity token remains to be seen and therefore it’s still highly speculative as to whether Hedera will see demand for its token. If we use TPS as a yard stick, Hedera is significantly underperforming against other L1’s.

[Unsinkable2 @Unsinkable_2_]

Both sides of the aisle have something to lose if they don’t progress forward with the Clarity Act… lobbyists will close their cheque books and the public will withdraw their support/vote.
We all lose if it doesn’t pass, well, accept the Banksters I guess. They will be popping the Champagne, patting themselves on the back and adding another naught on their cheques for their political minions.

I am not confident it will pass but if it does, it will probably end up like the Genius Act. They will just delay it later. This way everyone avoids losing ballots at the mid-terms because the perception is all is fine.