Thu Jan 11 17:49:33 2024
(*6952cd93*):: ^ she’s kind of a bad ass. Maybe SEC would not be flaming dog shit if she was heading it instead of clown ass Gensler
(*54b3f3ac*):: oh no. its always been flaming dogshit and cannot be anything else.
(*54b3f3ac*)::
(*4cfb807c*):: $48k @ 2081 sats per $
(*54b3f3ac*):: with a swift rej 5 min later
(*6952cd93*):: rekt https://www.zerohedge.com/markets/headline-cpi-hotter-expected-december-supercore-accelerating +public!
*** Headline CPI Hotter Than Expected In December, Food Costs Hit Record High
*** …did Goldilocks just die?
*** ZeroHedge
(*54b3f3ac*):: this show inflatiojn better than the dumb gubment
(*4cfb807c*):: #le-inflation
(*54b3f3ac*):: inflation compounds hard on savings. even at 2% (which we know its waaay higher), over 20 years 10k will only have about 6500 left.
(*4cfb807c*):: I calculated 3.14% inflation from this time last year
(*54b3f3ac*):: at 5% a year its goes all the way down to only 3700… think about that shit man. you basically have to do 10% a year min to just keep up
(*54b3f3ac*):: and if we just use the 1980s calc from the fed, its been running around 6% for 20 years!
(*54b3f3ac*)::
(*54b3f3ac*):: at 6% a year. 10k in only 5 years is down to 7500 value. insane man….
(*54b3f3ac*):: over that 20 year period, its all the way down to 3k.
(*4cfb807c*):: Spend $20 on 6 feet of rope now, or spend $54 later :the_rope:
(*54b3f3ac*):: soo many of these dumb products. why would you own this crap instead of actual spot for hodling?
(*4297a328*):: Because wallets dont get bailed out, but jew-approved thirst (yield) traps do get bailed out
(*54b3f3ac*):: they dont bail out ETFs. at least havnt yet to my knowledge
(*54b3f3ac*):: and the SEC made them settle these funds in cash (8 of them with the amazing coinbase too btw) so its so far removed from being crypto its hilarious.