Ok, America... we're in a $38 TRILLION debt spiral, growing at a pace of $1T every 100 days, give or take...
Tell me which politicians on God's green earth are going to deliver cheaper goods and services to you - without crushing the value of your pensions, jacking up interest rates to kill demand, slashing your benefit programs to balance the budget, and raising taxes to off-set their loss of revenues?
The government prints money... it promises you shit today, and we pay for it tomorrow. If you ask for a higher social security check, inflation HAS to rise. If the government starts fixing costs for everything you buy, businesses collapse.
There is no path forward towards the America you want, without some kind of pain. And what's unfolding is class warfare and age warfare. Older people don't want to pay for their political mistakes to pave the way for young people, and young people don't want to pay for the broken system inherited from the older people.
Rich people don't want to pay for poor people and poor people want rich people to pay for their existence. But here's the thing.
No politician EVER has or will EVER EVER EVER EVER EVER... fix these issues. You have to fix them, by understanding finance, economics, engineering, and energy. If you don't DEMAND progress and understanding in these fields from your own groups, how can you expect a politician to deliver to you what you need to understand how to build?
Oh and by the way, it's a painful road of 20 years to implement change so stop thinking it'll take 2 quarters. Start by understanding and abolishing the Federal Reserve banks
.. Yep, the bank that makes all the other rich people richer by printing infinite currency.
There is no solution where the dollar stays structurally the same as it is. Every decision made by capital Hill, is tied to your dollars. That structure needs to change if you want to re-incentivize your governments to do the right thing.
@DariusDale42@APompliano@federalreserve@NickTimiraos By the way, the actual work starts after the Fed and central banking are over.
What are you angry about?
Political corruption? Where do source of funds come from? Corporate corruption? Source of funds.
Inflation? Money printing, crowding out private sector, inflation...
@DariusDale42@APompliano@federalreserve@NickTimiraos If there was ONE thing that Americans should get congress to act on, and only one... shouldn't it be to end the Fed and central banking?
I challenge us to pick your #1 problem, and see if it doesn't lead to ending the Fed.
Omg, can we please for the love of God develop a robust sexual abuse and trafficking crime unit and systematically deal with these issues. I assume 80-90% of reasonable people seeing this can already guess wtf is likely to happen to this poor girl.
We have a lot of challenges, but its hard to see why this one isn't rising to the top of the f'n list.
@Geiger_Capital Why does it always seem to be celebrities that have these weird opinions and moral superiority complexes.
If we entered into other countries illegally, what do we think would be the consequences?
@MelMattison1 Didn't Bessant go through a similar transition? He was yelling at Yellen for months and then adopted her same policy once he got in. Could be similar here. The aim is "practical" yield curve control, right?
How do you see this as being different in standard economic relationships, e.g. if you have limited job prospects, you Tolerate a shit manager / boss. When you're tied to family, you tolerate degenerate kin that make things awkward and glum. Not sure social dynamics like this are exclusive to the rich and powerful
@PalantirTech good morning. Been using your AIP/Foundry platform for a year maybe, off and on.
I uploaded a dataset inside pipeline. Column rows populate as string, Row values contain numbers and "%" symbol. Just trying to cast column from string to double, nulls all row values.
I guess I'm trying to understand how a system like AIP, when it's supposed to be this intuitive engine, can't handle a basic column conversion intuitively and straightforwardly.
You'll probably say, "then don't use our system" or "you're using it for free so what are you complaining about" but the truth is I WANT to use your system, I like it for all kinds of reasons.
But some of these snags just seem weird when the brand of the business identifies with a superior, future-oriented product. In a world where AI systems today operate more fluidly using NLP, I'm trying to understand how/why AIP isn't quite there yet?
Sincerely,
Nobody
Aren't you missing something... he was more dovish than Arthur Burns during Biden admin... and has had this arbitrary 2% inflation target in place for who the hell knows why...
Not to mention, don't you expect debt monetization and cheaper money to be required for your stock price to go up? We all know the money printer is coming.
Powell has proven hes political so wtf are you even talking about, Reid
When X and Millenials inheret the wealth, what will they buy?
- Longevity
- Cash Value Life Insurance
- Property
- Energy/Manufacturing Infra PE
- AI engines
What tokens will support these spending/investment priorities?
Off-hand thesis:
Retail won't be able to push the BTC price higher until it fully inherets the boomer wealth, which predominantly owns BTC through ETFs. Which means BTC's price movement is mostly in the hands of institutional investors.
Also, there's an intellectual battle going on between transparent BTC and privacy-based tokens, e.g. ZCash.
What narrative and along what timeline does the BTC narrative pick back up?
AI bubble pop and massive government spending, the likes has never been seen, are my two guesses. Why? Not sure, like at all.
But, what I'm at least visualizing is, you need a base token to hold your wealth in as store of value, that's then easily transferable to stablecoins, which is your liquidity and what you'll use to power your AI, energy and commerce layers. So it just comes down to what do you hold as a store of value in between deploying for economic activity. We earn, we keep, we spend and we invest. So what does the tokenization of these economic Throughput components look like?
As far as I can tell, in the meantime while this economic engine is being built, institutions are the ones going to gobble up bitcoin until retail inherets money they can afford to deploy into BTC. I'm not being specific enough on the demographic cohorts here, where I think when I say retail, I actually mean X and Millenials first, ahead of Z, which will be much more native to token handling. During this time, BTC will have to prove its newfound stability and reduced volatility being in the hands of institutions over the next couple of years while the AI/Stablecoin engines are being built and the narrative is still fresh.
Back to the accute catalysts... AI bubble pops and government spending goes vertical like never before to deal with the transition into the new economy. When you look around and see your tech stocks blow up and are no longer performing like they were, traditional service provider prices are going through the roof, and you start to notice price relief is coming from AI companies and providers deploying services on blockchains like Solana to dramatically reduce prices, then it might be time to recognize the economy has shifted and your wallet needs to include store of value, tokens for rewards, and liquidity tokens like stables to deploy into services.
I think the narrative shifts because your AI stocks blew up and you'll be looking around for where to put cash, and you'll see that BTC, after it "died" in 2025, steadily climbed and had positive gains into 2027-2028. At that time it'll look relatively "sexier" compared to these acute catalysts.
No hard data to back any of this up. Just a dude trying to think big picture about where the puck is going.
@GrantCardone For every $1 in stables from the issuer, they have to use that $1 and buy US treasuries. They sell those stables to me as consumer. The dollars they earn from selling me their stables, they turn around and invest into other assets to generate yield.
Trying to understand how you can say "no fundamental value" when the physical reality of Bitcoin is based on actual compute power and network infrastructure?
So your expertise is leading you to site these physical characteristics in reality as having no basis in reality? Lol ok Hanke.