Testing Primal 👌

You don’t have to be a rocket scientist to see where this is heading: US Inflation over the last couple of months (CPI YoY) March 2022 +8.5% April +8.3% May +8.6% June +9.1% July +8.5% August +8.3% September +8.2% October +7.7% November +7.1% December +6.5% January 2023 +6.4% February +6% March +5% April +4.9% May: +4% June: +3%

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This is my idea of success in Ontario 😁

The success of Twitter is the success of free speech. If Twitter adds all these features and starts becoming essentially a tv news channel and it works well, it’s going to explode. A privately owned everything app is extraordinarily powerful and could easily influence a currency revolution that would change the world forever. People seem to ignore that Elon Musk has said publicly that the only significant thing he owns outside of his companies is Bitcoin. His companies all hold Bitcoin, except for Twitter. Tesla stated they would suspend accepting Bitcoin as payment until mining was a little greener. The currencies of the world are not performing well. Inflation is real, and Musk could be tiptoeing towards a powder keg. Dump the destabilizing force of AI into this environment.. This is a unique time in history brought on by record innovation speed in the last 50 years. People are more educated than ever. Everyday people are following the Fed. There is a very interesting year ahead and it has the potential to be extremely lucrative for people who are paying attention. Do other people see the world this way right now?

Banking Crisis explained simply: We’ve printed money into a fractionally reserved ponzi for decades. The hubris got so great that government really thought they could shutdown the economy and pay people to stay at home with printed money during Covid hysteria. Production stopped, scarcity exposed the excess capital in the system and the consequence of counterfeit dollars chasing fewer goods is inflation. Now the Fed in its hubris thought they could slow inflation by cranking up interest rates. One massive problem: the banks are fractionally reserved, and the Fed is offering yields far higher than the banks can pay. This has created a withdrawal vacuum from the banks. The smallest, most levered banks are failing first, but this problem exists in all fractionally reserved banks. If the Fed lowers rates meaningfully it will cause inflation to run hot again. If they keep rates high they will continue sucking money from fractionally reserved banks, and those banks will need to be bailed out with printed money or all large deposits will be destroyed. You may have heard the expression, “you cannot taper a ponzi.” This is what that looks like in real life. Money printing is a delusional idea and it has real world consequences. It has been repeated throughout history. See the decline of the integrity of Roman money illustrated below: The fact that billions of working men and women must sacrifice 40+ years of their time, energy, health, and focus to gain access to fiat currencies that central banks replicate with a keystroke is theft at the largest scale humanity has ever seen. Cheers!

Banking Crisis explained simply: We’ve printed money into a fractionally reserved ponzi for decades. The hubris got so great that government really thought they could shutdown the economy and pay people to stay at home with printed money during Covid hysteria. Production stopped, scarcity exposed the excess capital in the system and the consequence of counterfeit dollars chasing fewer goods is inflation. Now the Fed in its hubris thought they could slow inflation by cranking up interest rates. One massive problem: the banks are fractionally reserved, and the Fed is offering yields far higher than the banks can pay. This has created a withdrawal vacuum from the banks. The smallest, most levered banks are failing first, but this problem exists in all fractionally reserved banks. If the Fed lowers rates meaningfully it will cause inflation to run hot again. If they keep rates high they will continue sucking money from fractionally reserved banks, and those banks will need to be bailed out with printed money or all large deposits will be destroyed. You may have heard the expression, “you cannot taper a ponzi.” This is what that looks like in real life. Money printing is a delusional idea and it has real world consequences. It has been repeated throughout history. See the decline of the integrity of Roman money illustrated below: The fact that billions of working men and women must sacrifice 40+ years of their time, energy, health, and focus to gain access to fiat currencies that central banks replicate with a keystroke is theft at the largest scale humanity has ever seen. Cheers!

RIP to my favourite, Gordon Lightfoot There's a kind of a restless feeling and it pulls me from within. It sets my senses reeling and my wheels begin to spin. In the quietude of winter you can hear the wild geese cry. And I will always love that sound until the day I die.

Printing money debases the working class and erodes productivity while increasing the money supply. This is the root cause of inflation. If you’re working pay cheque to paycheque for dollars and own no assets, you’re not headed for trouble, you’re already in trouble.

If you thought the Hunter Biden laptop could swing votes wait till you see what the prosecution of Fauci does.

Canadian real estate is kicking higher! Can you imagine? At what price do millennials start wondering about the value of a dollar?

Karma is a bitch CBC 😁

Dads can save Bitcoin for their grandkids. How cool is that? The long term implications of plebs raising children to be of solid character so they’ll be responsible with our Bitcoin legacy will be fascinating. 🧡🙏

Good days start with good dads!