Boomers have had their day and are trying to come to terms with their fleeting grasp of reality while thinking what was, is still what is.
No living legendary investor has had to grapple with very novel but profound question of “what is money?” as they were born into a fiat monetary system.
I believe Boomers inability to grok Bitcoin is actually an inability to accept their own decline and eventual deaths.
Charlie Munger: "There are so many people who live surrounded by tyranny. There are a lot of bosses in the world who are absolutely impossible to [work] under. They are really psychotic — and you really can't do anything about it in many cases."
@m3_melody Thanks Melody! Just watched yesterday's Commodity Culture! I couldn't agree more about @SpaceX ! @commoditycul was amazing and so informative !!
Japan just blew $100 billion in 6 weeks trying to defend the yen. That's half a trillion in US terms.
The problem is Japan's doing it by dumping US Treasuries when Washington needs buyers for $12 trillion of debt.
Jimmy and Kurt Metzger discuss Kurt's theory that QAnon was essentially a live-action role-playing game designed by Steve Bannon, Jeffrey Epstein, and a Chinese associate named Gino Yu to manipulate politics and dissipate revolutionary energy. The two talk about how Bannon used video game "pathworking" to create a branching narrative that made participants feel they were solving clues and fighting Satanists alongside Trump.
"They drip drip feed little limited hangout horrible information that's absolutely true about the government, and then there's an illusion there's a good guy side that you can be a part of."
"Bannon is behind the design of that—he's a dark magician, I would say, which is really just an intel person if you want to be secular about it."
"It's 100% just that—to dissipate your revolutionary energy."
https://t.co/tltqP3EU3v
It's always the guys with the biggest mouth who seem to not only have nothing between the ears but also nothing to back it up with either @5149jamesli@jimmy_dore@the_arc_J69@TuckerCarlson
https://t.co/LqmKDUK0y0
BREAKING: Donald John Trump mentally collapses during an interview with Meet the Press and crashes out, after he's confronted with his false election claims he's come to believe, having repeated them to himself so many times.