@DefiWimar If an exchange (or its privileged MM) wanted to hunt liquidation levels, it has the data, the motive, the liquidity, and the structural advantage to do so. This is not random.
@MarioNawfal Homelessness’s is a failure of society. Get these people to work, or get them mental / physical help. A box on the side of the road with water won’t solve anything.
The most important chart you'll read today:
Why is President Trump's attempt to fire Fed Governor Cook so pivotal?
Because, it would give Trump-appointed Fed Governors the MAJORITY on the Fed board.
4 of 7 Fed Governors, excluding Fed Chair Powell, would be Trump-appointed.
This would materially increase the the number of rate cuts ahead.
As President Trump calls for 300 bps of rate cuts, this case will be pivotal.
Never in Fed history has this happened.
@KobeissiLetter Spending is needed for defense and enforcement of the constitution, everything else can be arranged by local municipalities, charities and businesses.
The longest bear market:
The US Dollar’s purchasing power.
Over the last 100 years, the US Dollar has lost -95% of its purchasing power.
Since 2000, the US Dollar has lost over -40% of its purchasing power.
Own assets or be left behind.
@LBC@lewis_goodall Pure communistic thinking.
After a certain point people continue to work hard to provide a better life for descendants. Take that away and people would simply spend it all or not bother to invest or work at all.
@LauraLoomer@TuckerCarlson Let’s keep the context “sided with Hitler to…fight Stalin” … it was not simply to side with Hitler.
Both killed millions, both should have never been born. What decision was better for mankind long term?