In a gunfight, you have the rest of your life to get a sight picture. And in a monetary reordering, you have the rest of your purchasing power to get a new hurdle rate.

Scott Minerd would have loved days like this. RIP.

For nocoiners, equity in US durable goods manufacturers is probably the best "trade" even though it'll be a distant like 7th or 8th place over the next 20 years. #econstr #economics

GM, @hal. There has never been any instance at all of a computer error occurring in the 9000 series, has there?

GM fellow debasement "trade" enjoyoors

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GM. Bitcoin isn't shut down.

“I don’t believe that we shall ever have a good money again before we take the thing out of the hands of government. Because we can’t take them violently out of the hands of government, all we can do is by some sly roundabout way introduce something they can’t stop.” – F.A. Hayek on Bitcoin, 1984