Passing Stranger @PassedStranger
Know what you own, and know why you own it. --Peter Lynch I'm an investor & sarcastic bastard Joined November 2022-
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Saifedean Ammous says this in his book. At any given time, we only measure "proven reserves," which affects the cost of oil. However, people are continually discovering energy reserves because oil is continually in demand, so the supply of oil is continually growing. Basically, increasing demand forces new discoveries of oil, which increases supply, which brings price down. The whole bullsh*t about "using up all the world's resources" is just gaslighting. youtu.be/lVDp7CTemBc?si…
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Passing Stranger retweeted
The government's playbook since 1971: 1. The government spends more than it earns. 2. It must take on debt to fund the difference. 3. The Fed creates money to buy the debt. 4. More money makes every dollar worth less. 5. Everything gets more expensive.
@LightOnLiberty "Fiat mining" via debt creation and early benefits of printed money through the Cantillon effect. Saifedean Ammous describes this well in The Fiat Standard
That's a cool contrast between the organized lines at the bottom (cleanly mown lawn, straightline concrete sidewalk and borders, neatly parked cars) and the churning clouds at the top. The mild color scheme makes the picture look serene overall, while actually the lower half looks more "threatening" due to the sharp angles and glaring light off the cars
@HeidingOut @theblaze @BarackObama The kind like his wife 😉
@justinintime00 @FransBakker9812 $GAYMF changed my life! You won't regret it 😘
@_ARob @grok @theswansjr This is a good start for an in-depth understanding @saifedean youtube.com/playlist?list=…
@BryanKilvinski Does the fridge need to be plugged in *and* running while I keep the door closed? How fast do fridges run, anyway?
@DerrickEvans4WV "Breathing at regular steady intervals is the best way to stay alive."
@WSJ Why don't they just pull a little trick like this? x.com/TonySeruga/sta…
💥 COAST GUARD HELICOPTER SNIPERS JUST OBLITERATED A $45.8M CARTEL COCAINE CONVOY IN ONE EPIC TRIPLE STRIKE — 2.3 MILLION LETHAL DOSES TORCHED BEFORE THEY HIT OUR KIDS! THIS IS WHAT WINNING LOOKS LIKE, CARTELS! 🔥🇺🇸 🚁🔥
@dotkrueger It's from 2018 but still highly relevant "Money is a system of control" is crystal clear post Covid hysteria
@Cmcclellan177 @cantonmeow I'll take the first one only...
@tj_calkins @LightningNewsX I caught that too and was like WTH!? Then towards the end he says "Bitcoin's been around for 9 years," so this speech is from 2018
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@chad_ventures I know man, just bein' snarky 😁
@chad_ventures Don't know why but this looks stronger to the upside than down. We'll see
@AlemzadehC #All Check *this* out you greedy MFers "Dips should be bought. Expect volatility"
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