Central banks have repeatedly prevented a mining Greedometer 1st baseline point from being observed for 5.5 years.The 1st baseline point is crucial in setting the forecast. Looking forward to a 10-20X return this year.

Hello everyone. I wound down the Greedometer business a couple years ago because central banks -and increasingly the U.S. Treasury and politicians- were sugar bombing the economy and financial system, overwhelming the Greedometer algos.

They collectively have solved nothing via their duct tape measures. Debt to GDP has worsened. The concentration of wealth has worsened. The proportion of zombie companies in the US economy has worsened.

And the banking system has continued to gobble up the economy --> financialization. Thus, systemic risk has worsened.

We are in the 16th Greedometer sequence. The first was 1999-2003. Late November last year saw the highest mini Greedometer readings recorded (since Jan 1999). We are very early in the 16th sequence.

The last time global central banks permitted the Greedometers to have radar lock was October 2014 -- the week the Fed ended QE3.

Since then, whenever we approach observing the crucial/required 3rd data point in a mini Greedometer sequence, one of the top 4 global central banks drops a surprise sugar bomb.

Back in 2012 I wrote that I expected the end of the story to involve central banks / Treasurys to be printing money and depositing it monthly directly into citizen bank accounts.

That will happen this year or next. Depends on if there is one more "stimmy" after the one we're about to get.

If you've been following me since my first book (2012) you know economic fundamentals don't matter. You also know static technical systems using price don't matter.

All that matters is whether the top 4 global central banks are going to keep dropping myopic monetary sugar bombs (MMSB). Sorry-- add the US Treasury to the mix.

Based on the Greedometer data, the soon to be released US stimmy will not solve our collective problem. And another MMSB will need to be dropped before this year is done.

MMSB left to deploy: YCC another stimmy Feasuries

Feasuries are monthly direct e-payments to an account that holds cryptocurrency created by the Fed & US Treasury. US citizens will begin receiving these once the Fed/Treasury have used up every other MMSB. Feasuries will never stop. They'll be inflationary.

Feasuries are necessary because the problem we've been failing to understand and solve for the past 20 years is only accelerating: - technology putting humans out of work - globalization putting people the developed countries out of work - aging population

Actions taken over the past 20+ years have been the equivalent to duct tape. Meanwhile the cost of the actions has been a steadily weakened debt/GDP in every country. Oh - and an increased size of the financial system relative to global GDP.

perhaps I should look into an I♥️Feasuries bumper sticker.

I am saddened to learn Cassandra Unchained is going to step away from Twitter. He was the only person I have followed in my 10 years of Twitter.

There is an opportunity to address an underserved market: those with mediocre cars seeking those with mediocre cars, and/or just seeking another mediocre car. Anyone out there have connections to the lads from Top Gear? #reasonablypricedcar reasonablypricedcar.com

hi y'all. Last week likely saw a Greedometer event that global central banks have not permitted since 2015. Time to make some money..... facebook.com/Greedometer/po…