Thursday, March 11th 2021 - Issue #947

The stimmy is here

One point nine TRILLION cuck bucks. Created out of thin air and airdropped onto the populace and local governments in an attempt to stoke economic activity. The stimulus package may be successful in terms of its goal of stoking economic activity, but it will come with costs, tradeoffs and unintended externalities and the success will likely be ephemeral.

No matter how hard you try or how much you would like it to be true, you cannot micromanage complex system like the United States economy with top-down granular control. As we've seen from the lockdown of the economy for the better part of the year, these top-down decisions have very adverse effects on the economy. They certainly help certain areas of the economy, particularly the stock market and real estate, but the increase of the valuation of these assets helps very few people; those who own those assets.

Airdropping all of these cuck bucks into bank accounts will make everyone feel good for a few moments, but as soon as the airdropped cuck bucks begin to permeate throughout the economy as individuals begin to spend them on scarce goods that have become scarcer as supply chains have been artificially borked, one can expect prices to rise and decrease the purchasing power of those cuck bucks.

Once this realization begins to become commonplace among the common folk, trust in the dollar and its ability to store any value over the medium to long-term will come into question. The common man and his rich counterparts will begin to seek out an asset that preserves value over time. They will come to find bitcoin. Prepare accordingly.

Final thought...

I am tired.

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Marty's Ƀent - March 11th, 2021 - Issue #947

The stimmy is here

Older messages

Marty's Ƀent - March 12th, 2021 - Issue #948

Marty's Ƀent - March 10th, 2021 - Issue #946

Marty's Ƀent - March 9th, 2021 - Issue #945

Marty's Ƀent - March 8th, 2021 - Issue #944

The Sat Standard - Bitcoin Weekly - Mar 6 2021

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