In the vast expanse of samsara, where the illusion of wealth binds countless beings, let us contemplate a truth unveiled: the combined riches of all billionaires in this land of America amount to $6.7 trillion. Yet, in the cycle of a single year, 2024, the federal government expended $6.75 trillion—an amount that surpasses even the totality of these amassed fortunes. Were we to gather every coin and jewel from these wealthy ones, it would not suffice to sustain the government’s desires for even one turn of the seasons.
Gaze now upon the chart of existence, dear ones, with eyes of compassion and clarity. The "wealth inequality" spoken of by the seeker named Bernie is a ripple on the surface of reality, yet he does not chant the deeper mantra of its cause. The root lies not in the hearts of men alone, but in the very nature of the coin we cling to. See how the M2 money supply, like a swelling river, rises in harmony with the treasures held by the uppermost 1%, while the humble possessions of the lower 50% trickle upward only faintly. Why, you may ask with a seeking mind? It is the Cantillon Effect—a subtle law of this realm—where those nearest the wellspring of newly birthed money reap its richest harvest.
The Federal Reserve, a mandala of private banks, weaves this web, while the government, vast and shadowed by craving, bows to its rhythm. This is a nation sculpted by the hands of bankers, sustained by their breath, and offered to their lineage. Until the money itself is healed, all else is but a fleeting distraction, a dance of maya.
Yet, place not your faith in the hands of rulers to mend this broken wheel, for those who grasp the reins of power are bound to its turning. They thrive in this impermanent order and seek not its dissolution. Liberation, dear ones, dawns through your own awakened steps—through the salvation of your own kin and spirit.
In this age, a path emerges: Bitcoin, a vessel of 21 million, finite and unyielding. No corrupt council, no cartel of greed, can swell its bounds. It is a raft to carry you across borders, a treasure no thief can seize when guarded with wisdom. Bitcoin is a shield against the decay of this system, a lotus of hope for you and your descendants, a whisper of freedom amid the chains.
Yet, alas, many wander lost, their minds clouded by the sweet poisons of distraction, fed by those who reign above. If you have journeyed this far, resting your gaze upon these words, a spark of awakening glows within you. There is still hope, dear one, for those who listen with open hearts. May you walk the path with courage and compassion, seeking liberation for all beings
#bitcoin
#nostr
GM
US household debt hit an all-time record and jumped by $93 billion in Q4 2024 to a record $18 trillion.
It has been driven by a $45 billion surge in credit card debt, hitting an all-time high of $1.2 trillion. Household debt as % of disposable income is 87%.
Inflation is erasing the middle class.
Those who don't own assets will be financially rekt by inflation over the next decade. There is simply too much Government debt that must be issued and rolled over at higher interest rates, and not enough natural demand for it.
The economy can be described as:
consumers + investors/savers + government = "the economy".
As the government debt has grown to unsustainable levels, and orders of magnitude higher levels of money creation go to creating money for servicing that debt instead of private sector "productive loans" that flow more broadly to savers and investors... we have a problem. That's where we are now.
When you don't own Bitcoin, government debt is your problem. Debt stacks up, spending new units of currency into existence, debasing your relative purchasing power and eroding your ability to pay for rent, food, and groceries. The prices don't really go up, the purchasing power of the currency goes down... because all prices are relative. This is the natural state of inflationary currency (currency regimes that manage crises by creating new units of currency and injecting them into the system).
Bitcoin is highly correlated to global liquidity-- the more they print into the fiat system, the higher it gets valued... because it has a fixed supply, and value is relative.
By owning Bitcoin, government debt becomes your greatest asset. Debt means more dollars. Bitcoin is essentially an insurance policy against reckless government spending. The most serious threat to Bitcoin would be a balanced budget and no deficit spending. But, let's be real....
Printer is coming. Saving anything you can in Bitcoin for the long term is the escape hatch.
The current total unrealized losses on U.S. banks' balance sheets as of the first quarter of 2025 are reported to be $329 billion. Bank of America has over 100B in unrealized losses alone.
What does that mean? It means they don't have your money. Because the second you deposit it in the bank, it becomes their operational capital. While the bank uses your money for its operations, you retain a legal claim on that money. The bank has a fiduciary duty to manage those funds responsibly, ensuring they can return the principal amount to you upon demand or at the agreed maturity date for time deposits.
Currently, they are insolvent if all depositors demanded delivery.
In practice, the money you deposit is part of the bank's operational capital, but legally and morally, it's still yours, with certain protections in place.
Those protections are as follows--
The current legally mandated reserve ratio for U.S. banks is 0%. This policy has been in place since March 26, 2020, when the Federal Reserve reduced reserve requirement ratios to zero percent for all depository institutions.
Have a great day.
#bitcoin
#DebtCrisis
#nostr