Gm nostriches, 1 minus 1 day and counting to the moment the best thing Ms Reeves could actually do is nothing, because that would provide some certainty, but instead she’s both doubling down while also trying to undo what effects of what the last budget did. These are the scramblings of a failed nation attempting to get some market confidence back. Fascinating stuff, where I begin to (think I) understand some of the market, so much so while making revisions to my book, in addition to general borrowing costs going up in a recession, how the bond market reacts (look ma, I do bond math now 🤪) The science of muddling through, by Lindbolm (1957) is also fascinating, but one would hope those in charge were quite so obviously feeling their way in the dark. Oh and finally after buying the dip, then buying the next dip, so of back to where I started……. But people saying it could go lower, but let’s reframe that, the value of Your dollar could rise, so get ready to $pend it!!!!!!!!! image
How to start my meeting with my fiat mine department head? Current favourite starter for 10; How honest would you like me to be? I like doing research, I don’t find much value in teaching shit I don’t agree with to students who couldn’t care less. I’m not part of the uni pension scheme, you fiat has now power with me. I have zero ambition to work towards your pointless fiat goals to gain a promotion, I will never include how my work is promoting the school’s DEI aims, they literally work against me. I’ve made a vow to Lord Nakamoto on high that I can only learn about bitcoin, so all the other bollocks you want me to teach will just be read off the slides (as some of my colleagues actually do) I’ve run the numbers and I don’t need my fiat wage, so how are you going to convince me to stay? GFY?!?!?!?
Gm nostriches, after a nasty break in my #40hpw this weekend, some serious chats going on, @cjasonmaier mentioned you by name and then @nat brunell “Bitcoin is for everyone” came in useful too. Have SO many books to get through (may actually have to quit the fiat mine to get on top of them), but will have to read them both before I pass them on. Saying that, #heroquest with kid got a little wild when Quindrak turned into a dragon!!!!!! Any how, #catstr and #coffeechain locked in on this Monday morning and oh, meeting with the fiat mine department head?!?!? Will I use the shawshank Red line? “I’m sorry, I just don’t give a shit” Oh and @Uno I got way too excited about so many notifications morning, not helpful.
Ge nostriches, absolutely fascinating morning news bbc biased bilge, but the subtle shift in what Zackie P was chatting about was a combination of intriguing and terrifying. Wealth tax, don’t get me started, but “more debt isn’t a problem” “look at Japan, they have nearly 3 times more debt than us” “people want to buy our debt it is an affect”. Who has been feeding him these lines? These are very specific, and in places technically correct, but without the contextual nuances that make these statements economically dangerous. He shitted on liz truss but would be offering unfunded give says, much worse than the simple unfunded tax cuts she offered, that should have boosted growth. Stretched my self taught economics knowledge to the limit trying to explain why only doesn’t make sense, to someone who thinks billionaires don’t need so much money and pitches the argument of cutting disabled funding……. No one wants their benefits cutting…….. but joker said something about this, it’s not about the money they get, it’s about the message they send that if you earn it, they will take it.
Ga nostriches, while this is a little treat to help my fingers not get hit so much while stamping my seedphrase (get it done freaks), realised this could also be part of my home defences for unwanted intruders. Guns are a big no in the UK, knives will likely be outlawed soon, so suppose it’s just gonna have to be a 2.5lb lump hammer to the face!!!!! On the plus side for them, they won’t bleed out and on the plus side for me, I won’t get done for murder if I slice an artery……….. always thinking my friends. image