DS

[DS @Ds_9981]

@goodalexander Most of these ppl are stuck in the matrix without any exit plan or means of really doing anything substantive in the world. They may mock, but I doubt they are doing any better, and probably don’t realize just how fragile they really are.

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@MacroScope17 Yeah, true, but really there is just a fuckton of wealth in NYC concentrated in the hands of a few.

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@DavidFBailey @WazzCrypto @SpecialSitsNews When I grow up, I want to be as adept a grifter as you.

[DS @Ds_9981]

Well, actually, if you read the reason why, it’s sorta suggesting you don’t know how to use it well? In other words, you aren’t directly making money or saving time. I think it’s calling you an idiot more than saying it’s a poor choice to purchase it, but it may be the same thing!

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@xenocosmography One of the world’s greatest living thinkers reduced to enforced quietude because of plumbing. What a species we are!

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@kalos21million Sorry, friend. There is no such thing as a miracle drug. Blood, sweat, tears - that will always be the reality. There is no such thing as a free lunch.

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@paulsaladinomd You put out a lot of very stupid things. But this one is probably the dumbest yet.

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@BradThundercocl @WestsideLAGuy Women are almost never funny. Any woman who thinks she is funny is almost invariably nothing other than annoying. I run from all women who try to make “being funny” a part of her persona.

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The entire thing really is broken for most people under the age of 45, and increasingly is more broken for each graduating class of 18 year olds. How long until there’s enough discontent before it becomes truly bloody? We are seeing the costs - not just financially - but in the complete breakdown of society, including lower birth rates, fewer meaningful relationships, focus on making $s at all costs at the expense of quality of life. There is something dramatically broken. And either it gets fixed through an orchestrated reset (unlikely) or a civil war (more likely, eventually).

[DS @Ds_9981]

Ahh, I get your anger. And I agree with you, to a degree. The part where you’re wrong is where you say “…funded by my taxes.” It isn’t funded by your taxes. It’s funded more by the $40 trillion in debt and the resultant inflation (which has eroded your purchasing power and ability to live) than by your tax dollars. Your anger is justifiable overall, but not in the direction in which you’re placing it. You should be angrier instead at the system and politicians. Most of our economy is an entire Ponzi which exists to justify itself and entrench American interest in use of the dollar around the globe. The result? Theft from the true workers of America. There are positives and negatives here, to be sure. But you need a more nuanced read on the situation.

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@AnnaEconomist I guess the question is at what point does “state capitalism” turn into technocratic centrally-directed control? And at what point then communism? Do we think those things are bad still?

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Chris, the problem with Vallier’s view, it seems, is that fundamentally he thinks there is the potential for a peaceful unity. I’m not advocating for separation, but the reality is that such is where it’s likely heading. The Left and Right are too ideologically opposed to ever peacefully unify again. And the ideology translates to real-world practical implications as it relates to things like money, policy, and war. So he’s an optimist, but there’s a realism here. Sowing distrust in the left is inevitable.

[DS @Ds_9981]

Unless there is something happening quietly behind the scenes - like reserves being quietly accumulated - in preparation for something big, you’re gonna be proved right. I still think / hope he realizes just how important bitcoin is to the US and to himself (personally). If he loses the house / senate in the fall, he’ll quickly realize how much bitcoin is personally going to be important to his and his family’s future as he faces the possibility of more indictments and seizure of his assets.

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I don’t think it’s because people want to check out of society as much as they want to check out of a soulless society. The corporate world, grinding, struggling to keep up with inflation, cost of living constantly going up - these are things that remove the beauty from life. They hurt the soul. They detach one from life’s meaning. This was not a movement before life become soulless. Greed has taken over. Consumption has consumed us. So FIRE? It’s about hitting a number and living a lifestyle that eschews the consumptionism. So you’re sort of right - it is a terrible indictment of our society. It is not an indictment against the people who realize our society deserves the indictment.

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@TMTLongShort @Rory_Johnston @JacobShap Yeah, good episode, but agree with you; @JacobShap has not an ounce of respect for Trump or his team. The disdain seethes from his every comment!

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It is interesting how Luke came on the scene and is very popular. Don’t remember hearing a single thing from him or knowing his name 5 years ago. He says many smart-sounding things, and admittedly I’m not in a position to evaluate most of them. That said, I do wonder why he rose to influence vs someone who didn’t. I’m not calling him a grifter, but I don’t discredit the notion that he may be. Skepticism of anyone and everyone is probably the healthiest place to live, especially in today’s world.

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@WallStreetMav I sorta refuse to read the NYT on principle, but I’d be curious to know what their goal was here in profiling these people.

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As a kid in the mid 1980s, our teacher “segregated” us for a day based on last names of alphabet. So stupid. But we all cried and cried. It was awful at the time and did make a lasting impression on me. I’m not sure if this is a good or bad thing, but it drove home the point for sure. Artificial segregation is dumb. I believe - as MLK Jr had said - in judging an individual based off content of character and not color of skin. That doesn’t mean there aren’t, unfortunately, generalities that can be applied. I digress. Rightly or wrongly, most people do indeed hate the Jews.

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Agree w you. But it can’t be done because it’s a free market! (Except, of course, it obviously isn’t.) It’s all made up, controlled, conjured, artificially manipulated. It would require a coordinated “reset” of our monetary system, and it would be difficult. But it can be done. Of course, it won’t. And because of that, one can only bet on its failure. So what can one truly hold if indeed it does continue to fail (as I think is probable)?

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@CryptoMikli @goodalexander So agree, but the problem is if there’s a real crisis, people first sell stuff because they need $. There goes gold / crypto at first. So I think we get a flush. And then … tremendous $ printing. So then a deluge into crypto. No?