The Fed

[Zlaxer]

@Fife - they’re sitting on their asses bc of government subsidies, a culture of laziness, and lack of demand for labor. Machines man - it’s staring you right in the face and you still refuse to admit that there’s even the slightest of a problem.

[Smitty-48]

@Fife - they’re sitting on their asses bc of government subsidies, a culture of laziness, and lack of demand for labor. Machines man - it’s staring you right in the face and you still refuse to admit that there’s even the slightest of a problem.

With the deflationary pressure of policy stimulus, there is no incentive to invest in the real economy.

It's all asset bubbles, no investment in labor required.

[Fife]

@Fife - they’re sitting on their asses bc of government subsidies, a culture of laziness, and lack of demand for labor. Machines man - it’s staring you right in the face and you still refuse to admit that there’s even the slightest of a problem.

With the deflationary pressure of policy stimulus, there is no incentive to invest in the real economy.

It's all asset bubbles, no investment in labor required.

Asset bubbles everywhere. Just about every price in our current view is warped, twisted, and on Heisenberg-grade meth.

That old boy in the podcast interview I posted this morning in this thread referred our current condition (as compared to the DOTCOM bubble or the housing bubble) as the Everything Bubble.

Also, sorry Z-man, the killer robots from Boston Dynamics might well kill us all, but the automatic looms and burger flippers ain't shit to us -- when we finally cycle back to understanding that productivity is King, and consumption is his humble servant.

That lesson is gonna hurt like a motherfucker this time around. No need for the YangGang bottle of blue pills, we need an Rx of bandaid grippin and rippin.

[Smitty-48]

Asset bubbles everywhere. Just about every price in our current view is warped, twisted, and on Heisenberg-grade meth.

I'm not so much complaining, because I'm up 1000% across the board and I'm taking my profits as I go.

I'm just hedged and defensive for the correction, but corrections are a good thing; buy low, sell high.

The policy stimulus bubble has already paid off my mortgage, ain't nothing wrong with free money, it's all green to me.

[Fife]

Asset bubbles everywhere. Just about every price in our current view is warped, twisted, and on Heisenberg-grade meth.

I'm not so much complaining, because I'm up 1000% across the board and I'm taking my profits as I go.

I'm just hedged and defensive for the correction, but corrections are a good thing; buy low, sell high.

Good man. Get dat paper, as you say, but don't Scrooge McDuck it, cuz that shit can, and will, fly away like a popcorn fart. Federal Reserve Notes are translucent, baby.

50% precious metals and ammo, 40% real estate, implements, and supplies, and 10% for BTC and blow or whatever, just consider that playing around money.

[Smitty-48]

Asset bubbles everywhere. Just about every price in our current view is warped, twisted, and on Heisenberg-grade meth.

I'm not so much complaining, because I'm up 1000% across the board and I'm taking my profits as I go.

I'm just hedged and defensive for the correction, but corrections are a good thing; buy low, sell high.

Good man. Get dat paper, as you say, but don't Scrooge McDuck it, cuz that shit can, and will, fly away like a popcorn fart. Federal Reserve Notes are translucent, baby.

Hence why I take my profits and reinvest them in brick and mortar equity, in terms of currency devaluation, I'm hedged for that too. In terms of real estate, it's all about location, just buy property you can live with for the rest of your days, so you never have to sell into the correction. In terms of real estate in America, it's actually dirt cheap by Canadian inflated standards, houses like mine in Carson City are half the price even factoring the exchange rate. Houses on my street are going for $800,000 CAD, that's $600,000 USD. I'm not talking McMansions neither, my property is 12,500 sq ft, but my house is rather modest and middle class style. Lots of room for automobiles tho, two car garage, four car driveway, boyaah.

[Fife]

[TheReal_ND]

To any and all federal agents reading my posts I wish to convey to you the following: your ass is grass sea bass. I'm coming for you. Federal agents get the rope first. Ur ded kiddo

[TheReal_ND]

CUTE

[Fife]

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