Central banks have 2 modes: create inflation or destroy jobs.
Ironic considering they claim to fight inflation and maximize jobs.
As @GrantsPub puts it, arsonists pretending to be firemen.
At 16 we had stuff to go do like jobs
Now all entry level is failed boomers (can you imagine failing life on easy mode?) and illegals
At 16 I could pack my Ford Escort full of homies and cruise
Banned to have that many teens in a car now until 18
At 16 I could go to the mall
Now most of them are closed due to online commerce or theft, and the open ones are dirty 3rd world havens
At 16 gas was .99-1.20 a gallon and I made 10 bucks an hour, my first car was 500 bucks (in great running condition)
Now its 4.30 a gallon, cars similar to what I had are 10k, and wages are about 13 bucks an hour
At 16 we had gathering areas like parks with basketball hoops
Now, homeless people camp there and do fentanyl and other things
At 16 I could go to a movie and eat popcorn and coke until I burst
That's about 40 or 50 bucks now, minus gas
At 16 I could stroll through any store or restaurant
Now I would be an "unaccompanied minor" and be asked to leave per the signs all over town
But boy I just can't put my finger on why those pesky kids don't wanna get on out there🤣
The world is shit for kids and 99.9% of entertainment is online where they are ALLOWED to be
The only other option is outdoors stuff in rural areas like fishing or hunting
But once again, licenses are triple, gas etc. you can't even get into a state park here without a sticker🤣
If you think home prices crashing is bad, you have fiat brain. Homes are consumer goods and the cheaper they are the better. You only think of them as an investment asset because your money is broken & you have never known savings.
My attempt to protect users from scam apps on the @AppStore has gotten my Apple Developer account flagged for termination - ironically, for "dishonest activity".
Unless it's reversed by June 30, all new installs of Sparrow Wallet will fail, and development on macOS will end.
The context: since 2023, more than a dozen fake "Sparrow" apps have appeared on the App Store, as recently as April this year. Users have contacted me after losing their savings, in some cases their life savings, to these impersonators.
I'm the developer of the real Sparrow Wallet, a desktop app, and I hold the registered US trademarks for the name and logo. I have publicly warned @Apple and the community about these fake apps from early 2024, but they keep appearing.
The app @Apple flagged was a placeholder that was never published. Its only purpose was to warn users that Sparrow is desktop-only and that other "Sparrow" apps aren't mine. This approach may have been misguided, but there was nothing dishonest about it.
I'm confident this is an automated misclassification that Apple would reverse on review - but I may be terminated before a human ever looks at my appeal. The cost would fall on @Apple's own users: blocked installs and no updates for a tool people rely on, which opens the door for more fakes.
If you value Sparrow, a repost would help. @AppleSupport
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I did not see this coming, but my election has become an inflection point for our whole country. Today we make history.
Will you be part of this historic day by voting, calling friends who can vote, posting to social media, or making a donation?
Spread the word fellow patriots!
Good morning.
Yields on government bonds did not start rising 'because of the War'. They, in fact, began to skyrocket higher after massive central bank money printing in 2020/2021 and continue higher because of relentless government (deficit) spending.
Have a great day.
We’ve spent $8 trillion in the Middle East
That’s 100 X annual federal spending on roads and bridges
Picture how great our country could be if we’d spent that $ here
Imagine how affordable groceries & housing would be if we hadn’t printed all that $
https://t.co/cQ6SYZAmsL
They’ve already spent $3.5 million against me and we’re still 95 days from Election Day.
It’s going to get very ugly, and I’ll need money to respond in order to win.
If I lose in May, it’s over. There’s nobody in the House who will do what I’ve done. https://t.co/AgJY01IWPL
The jig is up.
When the Federal Reserve prints money, it doesn’t create wealth. It creates debt with compound interest and transfers the liability to the middle class through inflation.
They collect the assets.
You absorb the cost.
That’s not policy. That’s socialism.
Most people have never heard of the Cantillon Effect.
But once you understand it, you’ll see the world of investing differently.
What is it?
In the early 1700s, Richard Cantillon noticed a simple pattern:
When new money enters an economy, it doesn’t reach everyone at once.
And whoever gets it first benefits the most.
Here’s how it works today:
New liquidity enters through the Fed and through bank lending.
Both follow a similar pattern:
→ Markets and large balance sheets get first access
→ Large corporations and well-connected borrowers tap cheap credit next, they invest and expand at today’s prices
→ Asset prices tend to rise as new liquidity chases finite assets
→ Consumer prices often follow
→ Wages rise last, usually after purchasing power has already declined
Fed data shows how lopsided the playing field is:
- The top 10% hold nearly 90% of equities.
- The bottom 50% holds about 1%.
It’s a simple but powerful monetary transmission.
Understanding this won’t change the system.
But it might change how you think about where to store your savings.
For those of you who don't know, I write all about topics like this every week in The Informationist. Last week, we dove deep on this one.
Link in bio if you want to read the full explanation.