MyOldKYHodl

Bitcoin is the fastest horse in the race.

[MyOldKYHodl @KyHodl]

@dylanleclair This was a fun interactive game/escape room. Especially if you like Lupin.
https://t.co/XwYcCIFr5J

[Thomas Massie @RepThomasMassie]

Today, I introduced HR 9534, the National Constitutional Carry Act.

No one should have to beg the government to exercise a constitutionally protected right anywhere in the country.

[Ian Carroll @IanCarrollShow]

This is retarded.

Illegal immigration is at record highs. You use some specialty term like “border encounters” to lie to us.

Like what, it’s not an encounter when you use our taxes to chauffeur them across by the tens of thousands?

It’s treason what this whitehouse is doing.

Treason.

[MyOldKYHodl @KyHodl]

@StevenPulteFam do not have an expensive wedding, and do not go into debt to have a wedding.

[James Melville 🚜 @JamesMelville]

Old school environmentalism that focused on ecosystems, photosynthesis and the protection of land, water, nature and wildlife has been hijacked by the corporatism of net zero. A Government-NGO-corporate-industrial-climate complex that’s become another gigantic transfer of wealth.

[Thomas Massie @RepThomasMassie]

Good morning! People are our greatest resource. We have plenty of room for more human beings on this planet, while maintaining a healthy coexistence with nature. Government is a collection of flawed politicians and bureaucrats ill suited to care for either people or the land.

[TheGovLies @fayes_one]

This is why he’s not being sued for any of the books he wrote. And let’s be clear, he names names. If he was lying, why won’t anyone sue him for defamation? Discovery. That’s why. Every one of them knows what Bobby will do to you with discovery.

[Samson Mow @Excellion]

Well, I am your quant after all.

[Voluntaryist Keith @an_capitalist]

Against Winston Churchill w/ Keith Knight & @ComicDaveSmith

This day in history:

On Sept. 3rd, 1939, Prime Minister Neville Chamberlain declared war on National Socialist Germany for invading Danzig, a city that was 95% German, on the grounds that Germany violated Polish independence.

The USSR invaded Poland two weeks later, Britain did not declare war on the USSR, proving the issue was not Polish independence, but a British opposition the Germany being a rival power on the continent.

After fighting a war that resulted in millions of Polish deaths, Poland was left under Soviet occupation.

[Vicky Verma @Unexplained2020]

In 1974, author Ray Bradbury was asked, “What is space travel going to do for man?” In response, he gave the most mystical, mind-blowing, and strangely moving answer one could have imagined.

[Rothmus 🏴 @Rothmus]

Fact.

[Shadow of Ezra @ShadowofEzra]

President Trump announces the creation of a Presidential Commission on Assassinations, to be led by Robert F. Kennedy, with full authority to declassify all documents related to JFK, RFK, and July 13.

The Deep State is finished.

[MyOldKYHodl @KyHodl]

@SeedOilDsrspctr every nutritionist i know is obese.

[NICO⚡️ @BITVOLT]

YOUTUBE JUST BANNED SIMPLY BITCOIN

After 4 years of building up the SB channel, putting in 100s of hours of work and making sure to follow the community guidelines @YouTube @TeamYouTube seems to continue to go after Bitcoin only content.

[Lyn Alden @LynAldenContact]

The money supply increased by 38% over the past five years.

Kroger raised revenue directly in-line with their expenses, and at a slower pace than the growth of money supply. They had flat (and extremely low) profit margins of 1.43%.

It's the denominator going down. Not gouging.

[Robert Sterling @RobertMSterling]

People need to stop overreacting about Kamala’s plan to reduce food inflation, as if it would lead to communism, mass starvation, and the end of America.

I worked in M&A in the food industry. Here’s a step-by-step summary of what would actually happen:

1. The government announces that grocery retailers aren’t allowed to raise prices.

2. Grocery stores, which operate on 1-2% net margins, can’t survive if their suppliers raise prices. So the government announces that food producers (Kraft Heinz, ConAgra, Tyson, Hormel, et. al.) also aren’t allowed to raise prices.

3. Not all grocery stores are created equal. Stores in lower-income areas make less money than those in higher-income areas, as the former disproportionately sell lower-margin prepackaged foods (“center of the store���) instead of higher-margin fresh products like meat (“perimeter of the store”). Because stores in lower-income areas aren’t able to cover overhead (remember, even if their wholesale costs are fixed, their labor, utilities, insurance, and other operating expenses aren’t fixed… yet), grocery chains start to shut them down. Food deserts in rural areas and in low-income urban areas alike become worse.

4. Meanwhile, margins for food producers are also quickly eroding. Their primary costs (ingredients, energy, and labor) aren’t fixed, and their shrinking gross profits leave less cash flow available to cover overhead, maintain facilities, and reinvest in additional production capacity.

5. Grocery chains, which have finite shelf space, start to repurpose their stores (those they didn’t have to shut down, I should say) to sell more non-price-controlled items—everything from nutrition supplements to kitchenware to apparel—and less price-controlled food products. Your local Kroger or Safeway starts to look and feel more like a Walmart.

6. Food producers stop making products with lower margins. Grocery chain start competing with each other to secure inventory. Since they can’t compete by offering stronger prices (remember, producers aren’t allowed to raise prices here, and, even if they could, grocery chains no longer have the gross profit to bear price increases), they compete on things like payment terms.

7. Small grocery chains start to shut down entirely, or get sold to larger chains like Kroger. In addition to not being able to cover fixed costs, a major reason for this is because they can no longer reliably secure delivery of products, due to producers prioritizing sales to larger customers, which are able to leverage their stronger balance sheets to offer superior payment terms.

8. Smaller food producers—which typically sell via distributors, rather than directly to grocery chains—start to go out of business. Because these producers have an additional step their value chains, and because they have lower volumes over which to spread their fixed costs, their cost structure is inherently disadvantaged compared to major food producers. When grocery stores aren’t able to raise prices, cutting product costs becomes all the more important, and deprioritizing purchases from smaller producers is an easy way to do so.

9. As supply chains break down, lines start to form outside grocery stores every morning. Cities assign police officers to patrol store parking lots, and food producers draft contingency plans to assign armed escorts to delivery trucks.

10. The federal government announces a program to issue block grants for states to purchase and operate shuttered grocery stores. The USDA also seizes closed-down production facilities.

11. The government announces that prices for all key food costs—corn, wheat, cattle, energy, etc.—are also now fixed, to stop “profiteers” from gouging the now-government-operated food industry.

12. Shockingly, the government struggles to operate one of the most complex industries on the planet. The entire food supply chain starts imploding.

13. Communism, mass starvation, and the end of America quickly ensue.

Hey wait a second

[MyOldKYHodl @KyHodl]

@kangminlee But is she Thicc enough?

[MyOldKYHodl @KyHodl]

@SeedOilDsrspctr Keep saving in BTC and Tallow, and butter. They are all going to the moon.

[Seed Oil Disrespecter™️ @SeedOilDsrspctr]

Dawwwg a gallon of milk is gonna be $100