Book Club California

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Book Club California

Book Club California

@BookClubCali

As far back as I can remember, I always wanted to be in the book club.

LA Katılım Mart 2025
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Book Club California
Book Club California@BookClubCali·
There is no group chat. Come outside.
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priscilla (alt)
priscilla (alt)@seashell_luvr·
No movement, no persona, no ideology should define itself in opposition to something if it wants to be sustainable and true. Opposition is a reactive foundation — it binds your identity to the very thing you claim to reject, instead of letting you stand in your own truth, and it perpetuates your energy in the stage of destruction, instead of creation.
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Book Club California
Book Club California@BookClubCali·
The “alpha mind” was probably good to have when you needed to hunt down a yak with your kin and a spear 10,000 years ago but it is wholly out of place for analyzing complex global systems that function completely independently of your input or effort.
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Adam Kobeissi
Adam Kobeissi@TKL_Adam·
The Fed's worst nightmare is materializing in front of our eyes. What is often overlooked is that the Fed primarily controls demand-side inflation, not supply-side inflation. In other words, it can influence how much people borrow and spend, but it cannot directly increase supply, like producing more oil. This means that in the case of a supply-shock, as we are seeing now with energy prices, the Fed often has to overcompensate on the demand-side to contain inflation, and vice-versa. During the pandemic in 2020, this meant effectively cutting interest rates to zero, as lockdowns triggered a sharp collapse in demand alongside widespread supply disruptions. With oil and gas prices skyrocketing, our models suggest US CPI inflation is set to rise toward 3.5%, or 150 basis points above the Fed's long-run target. In a vacuum chamber, this means the Fed should tighten policy and theoretically hike rates. However, the issue becomes the fact that the US labor market is objectively at its weakest point in years, and it has not improved despite recent Fed easing. Therefore, if the Fed hikes interest rates now, the US is positioning itself for a full-blown labor market crisis. On the flip side, if the Fed does not tighten its policy stance, US CPI inflation could potentially even exceed 4.0%, depending on how long the Iran War persists, and how long the post-war recovery takes. In a sudden turn of events, the Fed is now forced to pick between 3.5%+ inflation or 5.0%+ unemployment. The Fed is in a very bad spot.
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Book Club California
Book Club California@BookClubCali·
@eventhevowels every human interaction would feel much colder if you were to become an objectively worse version of yourself
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Book Club California
Book Club California@BookClubCali·
You have to get Brooks Adams-pilled so you can understand that every world news event is downstream from finance and the economy and has been for at least three thousand years.
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me
me@smoothiechewer·
it’s my birthday
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GOOD LUCK!
GOOD LUCK!@ClassTerror·
The discomfort of discipline is nothing compared to the pain of regret
GIF
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nina
nina@xernue·
taking my iron supplements and i feel so sick everyday from it
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