“Relax," said the night man
"We are programmed to receive
You can check out any time you like
But you can never leave”
(The Eagles, Hotel California)
There’s a specific kind of arrogance in thinking you can pause the laws of physics.
For twenty years, central banks have run the ultimate long con.
The lie: That you can intervene in a crisis without becoming the crisis.
The Fed was supposed to be the lender of last resort. Show up. Put out the fire. Go home.
Instead, they bought the building and rigged the smoke detectors to scream 24/7 so they never have to leave.
Price discovery is dead. The market isn't reflecting productivity anymore. It's just reflecting the printer going brrrr.
This is policy entrapment. Once you become the market, the only way out is by nuking the entire system. You’re trapped.
And today, SCOTUS handed the Treasury a fiscal nuke.
By striking down on tariff authority, they blew a 130 billion dollar hole in a budget that was already bleeding out. Refunds are coming, revenue is gone, and the deficit is going vertical.
There is only one thing they can do at this point: Print the difference.
Now layer in the 2026 reality: Ukraine. Russia. China. Iran. War is the ultimate emergency cheat code for the next $10T print. And it won’t be paid for by “the rich.” It’ll be paid for by the quiet melting of your family’s purchasing power. Every missile launch is a tax on your stack.
The experts on CNBC are still debating soft landings. Meanwhile the engines are on fire. The smart frogs didn't wait to be boiled. They already hopped out. Substituting Powell for Warsh doesn't change the math.
If your wealth depends on a central bank's ability to be honest, you don't have a plan. You have a prayer.
Stop being their exit liquidity. Move into assets with zero counterparty risk.
Bitcoin
Gold
Land
These are finite lifeboats in an ocean of infinite paper. Stack what they can't print and let the "experts" figure out how to land a plane with no engines left.
Hope is not a strategy. Sovereignty is.
As a young girl I remember always being told,
“You can be whatever you want to be!!”
From an astronaut to a doctor, a lawyer, a vet, you could do it all. But there was always this pesky little condition: your dreams had to be big. They had to sound impressive.
Nobody ever said they wanted to be a mom, or a housekeeper, or a trash truck driver, or a waitress, or a dad, or a gardener, or a secretary, or anything common, normal, and ordinary.
You could be anything you wanted, so long as it was something grand.
You couldn’t dream of a simple life, of marriage, a home, and a handful of kids, because that was a “waste” of potential. That was “settling.”
So now we have an entire generation of people who think marriage, children and normal lives are failures, when in reality these are the single most important things most of us will ever have, or ever do.
These are the pillars of society, and yet they are the one dream we are told we shouldn’t have.
Here's a housing market stat that might surprise you:
It is now ALMOST cheaper to buy a new house than and existing house.
The median new house is selling for $416,000 while the median existing house is selling for $396,000.
How is this possible?
Because existing home sales are now at their lowest since 2010 with 90% of mortgages locked-in below 5%.
This means that homeowners do not want to sell their existing homes, leaving new homes as the main source of supply.
As mortgage rates near 8%, this trend is only getting stronger.
When new is cheaper than old, something is wrong.
People with $50,000 in the bank wouldn't go out and buy a $50,000 car but people with $1000 in the bank go out and get $50,000 cars on finance.
There's your problem.
I tweeted this back in December 2018. Feeling a very similar vibe on Twitter today. Not financial advice, but this may be a pretty good time to buy more $BTC. We’ll revisit in a few months…
Ok boys & girls... $BTC around $3200 is starting to look really interesting to me. Most of the tweets I'm seeing today are downright apocalyptic... not to mention tons of Schadenfreude from idiot nocoiners. Something tells me it's time. We'll revisit a year from now...
@brutlhonesty4U@MelMEsq @JosephAnthonyj It already IS costing them their scholarships. All it takes is a few more "Lias" and all the girls' scholarships will quickly evaporate.