40 sentences that will teach you more about nutrition than a $400,000 medical degree (bookmark this):🧵
1) Meat, eggs and animal organs are the healthiest foods on the planet.
Suppose there were 10 shares and you had 1. Now they print 90 more shares and give you 1.
You have more shares!
1 → 2 📈
But you have less ownership.
1/10 → 2/100 📉
And that’s how inflation works. People are misled into thinking they’re getting richer, while getting poorer.
Roughly 70% of Bitcoin supply still hasn’t moved in at least a year while ETFs are seeing $500mm of inflows a day
Don’t need to be an economics PHD to know what’s set up to happen next
Since $GBTC conversion to #BitcoinETF investors have sold > $2 Billion
FTX bankruptcy liquidation has led to > $1 Billion in selling $BTC
GBTC discount to NAV arbitrage trade led to > $1 Billion selling to lock in profits.
All of that selling in a relatively short time and $BTC is still holding above $40K
🚨 Anyone who thinks bitcoin is struggling right now has no idea how price discovery works ⚠️
#Bitcoin is the most liquid and secure 24/7 asset in the world 💪
As soon as the FTX liquidation, GBTC arb profit taking, and ETF speculative distribution are done...
#Bitcoin will head back to top of range with authority
TradFi will watch in disbelief as we break out to new ATHs in Q4
Then we get to distribute to all the fomo ETF demand 🧠
And reaccumulate after a cooldown to post-halving cost of production.
Bitcoin's fixed monetary policy allows for proper planning.
The 2024 halving can change your life, study the cycles, stack sats!!
Stanley Druckenmiller on the Fed's historic blunder: "When rates were practically zero, every Tom, Dick and Harry and Mary in the United States refinanced their mortgage, corporations extended. Unfortunately, we've had one entity that did not and that was US Treasury.
Janet Yellen, I guess, because of political myopia, whatever, was issuing two years at 15 basis points when she could have issued 10 years at 70 basis points, or 30 years at 180 basis points.
I literally think if you go back to Alexander Hamilton, it was the biggest blunder in the history of the Treasury. I have no idea why she has not been called out on this. She has no right to still be in that job."
Must Read Quote
From Luke Gromen 🚨
“Many investors appear to be operating under a misapprehension that this cycle is just like all the previous cycles in their career, even though the FED has *NEVER* tightened with debt/GDP at 120%, deficits/GDP at 6%, or US Net international Investment Position at -65% of GDP….
….
LET ALONE TIGHTENED WITH ALL THREE BEING TRUE AT ONCE!
…
The implications of this are critical: On one hand, if the FED keeps tightening from here, they are going to lose the long end (at least until they create an outright 1987-like stock market crash, and then stand aside as the system implodes)…and even then, the bid for USTs will only last until tax receipts collapse and UST issuance skyrockets. On the other hand, if the FED loosens policy from here, they are also going to lose the long end.”
@LukeGromen
All I can say (Preston):
Got #Bitcoin?!
$33.5T will become $50T
$50T will become $100T
But because real GDP will not match this exponential rise in debt, the only way to keep up with the interest payments is to fake that productivity through money expansion and inflation.
And so, *you* will ultimately pay for it.
Of all the leading causes that have contributed to chronic sickness and deaths, yet have no convictions and limited public blame/awareness, nutritional misinformation perpetrated by the large food conglomerates has to be near to top.