who the hell thought it would be a good idea to shove a bunch of kids of the same age into a room for most of the day and let them figure out social interactions from *other kids their age*?? For like, *all* of childhood and teenage years? What the fuck are we doing
1/ A short rant on the deficit & Modern Monetary Theory. MMT states that since the US can print as much $ as it wants, it can never go bankrupt and deficits are generally not important. Thus, the US should run significant deficits to maximize productive capacity. All good so far.
Don't look at ATH's, look at yearly lows. That will tell you the growth in hodlers.
2012 - $4
2013 - $65
2014 - $200
2015 - $185
2016 - $365
2017 - $780
2018 - $3200
That tells you the growth in the people who won't sell at any price.
#btc#Crypto#Bitcoin
“The incumbents will continue to struggle with innovation, hamstrung by their scale, regulatory burdens, and decades of accumulated technical debt.”
Prediction: One of the large tech companies throws their hat in the wealth management ring. #Fintech https://t.co/08dYEXuqZP
Kids are great and I learned this year that having 1 kid is nothing. It only starts when you have 2, then you really feel like a parent. It's amazing how they interact with each other... and poke each other eyes and keep each other awake at night with crying.
#Blessed 😉
Bitcoin maximalism has been inspiring new interest in Austrian economics, so I collected all of the readings from my old Mises Circle reading group at the University of Texas to lead new readers down some rabbit holes. https://t.co/xmICCm6Owb
I have been working for the past few months really hard on a research about Gann and Time/Cycle theories. Time is the key factor when it comes to Gann, price is not relevant here. If my calculations are right these are the dates we should pay more attention to. $BTC #GG33Crypto
Test your ability to classify 10 news statements as either factual or opinion. Then see how you did in comparison with a nationally representative group of 5,035 randomly selected U.S. adults surveyed online https://t.co/2C5rMnCFfR
When I read the Treasury Secretary's statement about Wall St. CEOs confirming they had "ample liquidity available for lending", it made me think of Bernanke's comments in 2008 about "deep and liquid financial markets". From a piece I wrote a year ago on the Fed and the QE unwind:
Pro Quotes:
"Big money is born in uncommon situations. If the whole world says an asset should be sold, then I begin to study the possibility of buying it."
-George Soros
Remember, when stocks go up, it's proof of Trump's genius, but when they go down, it's someone else's fault. Probably a conspiracy by the deep state's allies, the deep private sector.
This is not ICOs, this is NASDAQ % drop from ATHs. Scam? 😅😂
GOPRO -95%
FIT -92%
LC -91%
SNAP -83%
P -80%
ZNGA -77%
HIVE -73%
TRUE -66%
TWTR -63%
SONO -60%
DBX -57%
Z -57%
PS -50%
FTCH -49%
PSTG -48%
SPOT -48%
BOX -46%
DOCU -45%
SVMK -45%
FB -42%