“Optimistic people will see opportunity in suffering and pessimistic people will see suffering in opportunity.” John D. Rockefeller

This is how the Monetary System works The Chairs are the Monetary Base The Kids are M1, M2 & other Monetary Aggregates The Music is Government Spending The Teacher is CNBC The Boy is the Fed

Dr. Steve Keen In the regime of irredeemable currency, it is not possible to reduce total debt in the system. If you don't want gold-redeemable currency, there is no solution to this problem.

Amazing…😂

Wasn’t this the theme of Age of Ultron?

I just spent the past few days at my 25th Stanford business school reunion The concentration of immensely successful business leaders in the class is staggering Here's what I walked away with:

FS Jim Bianco This is my gentle pushback to folks questioning the Creditworthiness of the USA based on current measures of Flow, like Debt/GDP. Please see attached paper that I cowrote and presented at West Point last year.

JUST IN: China Renaissance shares slide 72% as trading resumes about 17 months after the stock's suspension following the detention of its former chairman trib.al/qlRZ3TF

Cali

The music over the ruins of Aleppo, Syria, 2017. 📷: Joseph Eid

Majesty of the Moors. A fascinating paradox that Africans of the Sahel were glorified as lordly figures and romanticised as powerful, magnificently-dressed warriors by popular late 19th century European painters at the same time African were being demeaned as part of colonialism.

Having a cash reserve might be one of the best tools in personal finanace. Knowing you can cover an emergency or take advantage of an opportunity without worry is a cheat code. I never met anyone who was upset they had cash on the side.

You just know that some of the Stormtroopers who were not on the Deathstar rejected the official story were like “yea right. Aint no way a F’ing X-wing could take that thing down. Obviously an inside job perpetrated by the galactic Illuminati in order to further their control…”

Rest in Peace Lord Vader

As imagine USDs flooding back into USA creating a hyperinflationary nightmare understand if every piece of USD currency in existence were loaded in wheelbarrows & set side by side would only cover area of 30 football fields or it could all be stacked inside Madison Square Garden.

the way he accents the word "baseball" is unforgettable. 🫡🙏

the home of pineapple on pizza

The extra cash in the US would be going towards trying to plug the hole the tens (hundreds) of trillions of USD evaporating in the eurodollar market. Don't confuse new USD showing up in the US with more USD existing in the system.

"depressed domestic demand" i was told they can sell all their production internally...

Yes, the US is terriried of Russia. So much so that one could guarantee the US would never do anything like cut them off from SWIFT....