Apis

“The truth is like poetry, and most people fucking hate poetry.”

[Apis @binarp21]

@sig_57 @FreightAlley BMW still builds all their engines(and other things) in Germany. They built just enough in the local country to escape tariffs.

[Apis @binarp21]

@AutisticHODL The sum of GBTC like things(the ETFs) have much more BTC than GBTC did at the time.

[Apis @binarp21]

@The_BTC_Patriot @BVBTC My lambo = This, on its side, little bit thicker, under my glass top coffee table.

[Apis @binarp21]

@LeadingReport "hired"

[Apis @binarp21]

@foodsafetynews Block paid propaganda.

[Apis @binarp21]

@FreightAlley @WilliamJConner The reason is they're not going to cut off their nose to spite their face.

They'll pick the minority that hurt them far more than the US. It's pretty irrelevant to the rhetoric between the two sides.

This is what you get when you quote clowns like Kobeissi.

[Apis @binarp21]

@gvictor808 @MichaelOnBTC It's money. Money is worth exactly what the network thinks it is. No more, no less.

It's built into the definition of money.

[Apis @binarp21]

@RufasKe The idea that the Chinese gov would allow a foreign corp to control a significant percentage of their steel output is ridiculous on its face. It would sound like a joke that's missing the punchline.

Why was the reverse not considered equally as ridiculous?

[Apis @binarp21]

@LukeGromen We could likely solve the problem just maintaining a strategic reserve of refined metals the same way we did, but don't really need anymore - at scale, with oil.

[Apis @binarp21]

@LukeGromen The rare earths are not that rare and not that difficult to mine or refine.

It is hugely destructive to the local environment. We need some small amount for national security but mostly if China wants to destroy their environment to sell us cheap metals, we should take the deal.

[Apis @binarp21]

@LibertarianMama The other huge lie is the SS trust fund. It does not exist. It's an accounting trick.

The assets in the fund are just gov debt. An IOU from a general fund that has no assets and has been in debt the whole time SS has existed.

To pay the fund, the gov has to issue new TSY debt.

[Apis @binarp21]

@LibertarianMama Ponzi does require one other thing which was implicitly admitted here, fraud.

Claim: Social Security is a retirement account. You are paying into your retirement account.
Reality: It's pay as you go. Your payment is someone else's retirement benefit.

[Apis @binarp21]

@derektinnin @dampedspring @LukeGromen @ces921 poppycock. Energy has been "trending" towards zero for 200 years. It gets low, we learn to make steal. It gets low, we invent HVAC, it gets low, we start using EVs.

If food gets too cheap, we will repurpose some farmland for something else.

All examples play out same way.

[Apis @binarp21]

@sanskarimata @dampedspring The end goal is exactly what the administration says it is. Andy’s point is about the intended path.

[Apis @binarp21]

@EPBResearch There is one temporary solution but we started using it decades ago and came to then end of it, lie about inflation.

[Apis @binarp21]

@dampedspring This is nearly every description of “global liquidity” I have ever heard. A snake oil reversal of cause and effect.

[Apis @binarp21]

@RiggsBTC This is a pointless comparison to make. Money and productive enterprise are apples and oranges.

You need both to make the salad and neither can replace the other.

[Apis @binarp21]

@randomrecruiter "Your father showed up for work"

[Apis @binarp21]

@dampedspring Price action alone? Some other reasoning?

[Apis @binarp21]

@JulianFromArg @NewsLambert What qualifies as "Class C" ? Does it have to be in a bad neighborhood?