mcnalg

[Ron Sovereignty Swanson⚡️🗝️ @RonSwanonson]

The ONLY cause for long term price increases is expanding the money supply

The reason hamburgers are $15 right now and not $3 is not because hamburgers are more popular and scarce

It’s because there is more money in the world to price burgers in. The ruler was modified

I will keep beating this drum until it’s common knowledge

[AMERICAN HODL 🇺🇸 @americanhodl8]

Bitcoin up almost 30% in 4 days.

This is why we preach hodling. Most gains come on just 10 days of the year.

If you miss the 10 best days bitcoin’s return has been negative 10 of the last 15 years.

And the best days often show up right next to the worst days. You don’t get to pick and choose.

So we hodl.

[Jeff Swanson @theswansjr]

The median salary today is $65,000.
In 1970 it was $8,500.

Looks like progress.
Until you measure it in gold.

1970: 236 ounces
2026: 15 ounces

Your grandparents earned 221 more ounces of real money every year for the same work.
Dollars lost.
Hard money didn’t.

[mcnalg @mcnalg]

@americanhodl8 It’s always better when @americanhodl8 is tweeting

[Lee Roach @leevalueroach]

The US Treasury has to refinance $9.7 trillion of debt this year. Not borrow new money. Just roll over what’s already there.

That is a third of the entire publicly held debt hitting the market in twelve months, at whatever rate the market decides to charge, and the consensus response from people who should know better is still “we’ll grow into it.”

We won’t. And I’d bet most of the people saying it have never watched a bond market decide it’s done being polite.

The math is not complicated. Debt-to-GDP only falls when nominal growth beats the average interest rate on the debt and you aren’t running a primary deficit on top of it. We fail both. The average rate on marketable Treasury debt is about 3.35%, up from 1.54% five years ago, and it climbs every single month as the cheap COVID-era paper matures and gets replaced at today’s yields. Nobody has to vote for that. It happens automatically.

Interest cost crossed $970 billion last year and passes a trillion now. Projected to hit $2.1 trillion by 2036. Sixteen trillion in interest over the decade, money that buys nothing, builds nothing, funds nothing. It already eats 18.5% of every dollar of federal revenue and goes to a quarter of revenue within ten years. It is the fastest-growing line in the budget and it grows in a straight line regardless of who wins any election between now and then.

Here is what should terrify you. CBO has debt going from 101% to 120% of GDP by 2036 with deficits running 5.8% of GDP right now. That projection assumes eleven straight years without a recession. Zero contraction. Ever. That is the good case.

Now think about what an actual recession does to that fraction. Revenue collapses. Automatic stabilizers fire. Deficits blow out to 10%+ overnight while the denominator shrinks underneath you. The ratio doesn’t drift higher, it gaps.

And it never comes back. 2007 we were at 35%. 2012, 70%. 2019, 79%. 2021, over 100%. Every crisis resets the floor and the growth everyone promised has never once clawed back a single point of it. The ratio only ratchets one direction.

Don’t bring up post-WWII. We paid that down with capped yields, a captive domestic bond market, a baby boom, and a world that had just bombed its own factories flat. Don’t bring up Japan either. Domestic savers, a central bank warehousing the curve, a current account surplus. We have foreign creditors with options and twin deficits.

Moody’s already pulled the last AAA in 2025, first downgrade since 1917. The signal is out there.

Debt compounds mechanically. Growth is a choice the market makes for you, and eventually it stops choosing.

[Darin Feinstein @DarinFeinstein]

Real-world example of private industry vs. government bureaucracy.

Compare:

SpaceX founded in 2002:
$12B in capital invested VOLUNTARILY to transport humans, satellites and rockets into SPACE.

California High-Speed-Rail started in 2008:
$15B+ FORCED from taxpayers to build a high-speed rail system to transport only humans across the EARTH.

Results:

SpaceX spent $12B:
Revolutionized rockets, satellites, and space travel. Over 15,000 payloads launched into space, over 12,000 Starlink satellites deployed, over 99% success rate across Falcon launches.

California High-Speed-Rail spent $15B:
After 17 years, still has not transported a single passenger to any destination anywhere on the planet.

Consequences:

SpaceX - Success ✅
Goes public over $2T increases shareholder valuation thousands of percent and humanity benefits.

California High-Speed-Rail - Failure ❌
Taxpayers zero recourse to recover wasted $15B+. No politician held liable. No contractor accountable. All money is simply RIP.

If you were wondering why so much hate for Elon, career politicians pushing big government continuously humiliated by successful entrepreneurs. Musk produces with private funds the most sophisticated engineering marvels in human history. Government boondoggles create nothing, with no recourse.

[willo2 @willo2_Poly]

I was just scammed for $500K by Polymarket.

I am "willo2", the top holder of YES on "MicroStrategy sells Bitcoin by May 31st".

Here's what happened:

[mcnalg @mcnalg]

@donwinslow @grok is this an accurate/real photo?

[Fidelity Digital Assets @DigitalAssets]

Over the past 10 years, a traditional 60/40 portfolio saw annual returns rise from 9.4% to 14.6% with just a 3% allocation to Bitcoin.

See @ChrisJKuiper’s full analysis in Getting Off Zero: https://t.co/1KHAgDU2DJ

[Not LS Boys Lax @NotLSBoysLax]

NJ Tourney of Champions (Kirst Cup):

Since 2004, the 5 state champs play in a separate tourney to crown one “NJ State Champion”.

It’s a wildly popular, riveting event that makes perfect sense.

NJ has created the postseason blueprint that all states should follow.

[Not LS Boys Lax @NotLSBoysLax]

NJ Playoff Lacrosse Format:

NJ plays to a state champion across 4 public school divisions + 1 private school division.

Privates can recruit from dozens of towns and reclass players. So this format is a common sense approach.

Why won’t the MIAA consider this approach?

[Yogi @Houseofyogi]

Spirit Airlines died tonight at the hands of the socialist crusader, Elizabeth Warren

She must be so proud to add another casket to her achievements.

Tonight at 3am, Spirit turns off the lights. 14,000 jobs gone. 30+ smaller airports lose service.

JetBlue offered $3.8 BILLION in cash to buy Spirit in 2022. Shareholders, flight attendants union, literally everyone voted yes.

The combined company would have held 9% of the US market against a Big 4 that already owned 80%.

For anyone who understands numbers: 9% isn’t a monopoly against 80%.

Warren said no.

She wrote letters. She pressured Buttigieg. Biden’s DOJ sued. A federal judge killed the deal in January 2024.

Her argument: the merger would cost consumers $1 billion a year.

Now look at her collateral damage she dusts under the rug.

510 pilots gone in the months after. 1,800 flight attendants furloughed in December.

14,000 jobs in 2023. 7,500 last week. Zero tonight.

And that’s just the people in Spirit uniforms.

Catering goes. Fuel guys go. Baggage crews, gate agents, airport coffee shops, hotels and rental cars in 70 cities Spirit flew to. Every airline job carries 3 more on its back.

40,000 people out of work because of one woman’s moronic crusade against the market.

And the math ain’t mathing.

Spirit abandoned 90 routes during the death spiral. Fares on those routes are up 14% on average. Oakland to Newark: $135 to $288. Fort Myers to San Juan: $92 to $219. Kansas City to Newark up 66%.

That’s reality. Not some BS number from a “study.”

So @SenWarren tell me how this saves the consumer money?

Cheap carriers in a market drop fares 21% across the board. Southwest did this in the 90s and saved Americans $68 BILLION over 20 years.

Warren killed it. That’s what moronic politicians led by socialism do.

Then with her own blind arrogance, she tweeted Spirit’s collapse is “a Biden win for flyers.”

A win.

14,000 people are reading termination letters tonight.

And she’s taking credit.

This is socialism in 2026.

A senator who’s never made payroll thinks she knows how to run a market better than the people who own and work in the company.

She saved you a billion on imaginary paper.

She cost you ten times that in real life.

She didn’t protect consumers from anything.

14,000+ will go from working to welfare.

She will make sure to blame billionaires, hardworking tax payers, AI, capitalism and whatever monster they will make up tomorrow hiding under your bed.

Higher taxes. Fewer jobs. More expensive everything.

She called it a win. I hope you enjoy winning.

[Dan Rysk @DanDeFiEd]

Italian efficiency when it comes to coffee should be studied.

In Italy:
- Walk into a bar and look at the guy
- Un caffe
- 30 seconds later it’s ready
- Shoot it
- Leave €1
- Walk out

In the US:
- Join a line
- Wait
- Order coffee
- Answer 12 questions: Size? Milk? Roast? Sugar? Temperature? Colombia beans? Name? How do you spell it?
- $12.34
- Ask for a 20% tip. Click 5 times on a ipad to have a custom tip
- Tap phone
- ask where to send the invoice
- Wait again on a different line
- Someone call a name that sounds similar to mine
- get the coffee
- too hot, can't drink it
- finally at temperature

taste like shit

[Lyn Alden @LynAldenContact]

@jonstewart Big fan of your work Jon, for like 20 years.

But you could find better guests on this topic. More nuanced.

[Not LS Boys Lax @NotLSBoysLax]

Former CC Lacrosse Head Coach Dalicandro is a living legend. He was CC HC for 24 years (plus another 7 as an Asst), winning multiple state titles and building an incredible program culture. It’s an absolute tragedy that he is no longer leading CC Lacrosse.

[Tour Pro 🏌️‍♂️ @OfficialTourPro]

The no cell phone policy is still one of the best things about the Masters. Love seeing the fans just enjoying the moment.

[Lyn Alden @LynAldenContact]

-Create a YouTube channel.

-Upload one video in April 2024.

-Refuse to elaborate further.

-“My job here is done.”

[Jesse Myers @Croesus_BTC]

This is the biggest story in finance. Yet few are aware what's happening.

[Wicked @w_s_bitcoin]

There are officially less than 1,000,000 BTC left to be mined.

The vast majority of the supply is already out there and most people still have zero bitcoin.