Jack Gavigan
31.1K posts

Jack Gavigan
@JackGavigan
Chief Dad Officer at @RoryGavigan. Bond vigilante. #TeamZcash. @IrishRugby fan. Likes ≇ agreement or endorsement. Certified AI-free.
London, UK Katılım Nisan 2010
1.4K Takip Edilen4.3K Takipçiler
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Jack Gavigan retweetledi

Jack Gavigan retweetledi

THE REAL STORY of the Silvergate Bank “collapse” is finally starting to come out, due to the SEC lifting its “no-deny”/“no criticism” restriction on SEC settlements this week. @jaredkate, Silvergate’s then-COO, has started to talk👇 & more of Silvergate’s side of the story will come out, no doubt. As @nic_carter has reported, Silvergate didn’t actually collapse; rather, it was purposefully demolished as part of #OperationChokePoint2.0 — and it stands pretty much alone in banking history as a bank that paid out depositors amid a bank run without sticking the FDIC’s deposit insurance fund with losses. I’d already learned what happened from a different insider who was at the table back then: the insider witnessed the Fed ordering Silvergate to de facto liquidate by ceasing to service the crypto industry, the “voluntary” announcement of which started the bank run. The insider named names, and a senior Fed official later asked for that list of names (note: many of the people have since left the Fed or no longer in senior positions there). I can’t wait for the interviews of Silvergate executives who previously couldn’t talk but can now. I hope @MaxfieldOnBanks runs with this — he did a big analysis of the Silvergate story a few years ago and figured out that the mainstream narrative wasn’t correct. I look forward to hearing more from the execs, who successfully liquidated a bank under extreme bank run pressures. Are you ready to hear what they have to say???
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Never mind about the Rolex… had no idea buying one was like buying a Ferrari, where you have to beg, jump though hoops and then buy products you don’t want to get the one you do want! 😂
thought it would be fun to own, but would much prefer to just order something on a website (like a Tesla!) and be done with it.
These retail and reseller channels make things far too time consuming
Is there a nice watch I can just… order?
@jason@Jason
I would like to purchase this @ROLEX
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I gotta confess, I did not have "Price Controls on Food" on my 2026 bingo card. bbc.co.uk/news/articles/…
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Jack Gavigan retweetledi

@iang_fc Most people think supermarkets enjoy 50% margins. x.com/iealondon/stat…
Institute of Economic Affairs@iealondon
📊 On average, Brits think the NHS makes a 34% profit. It doesn't make any. Supermarkets profits are estimated at 50%. The reality: 2–4%. Voters think energy companies make 57%. The reality: -5% to 15%. We are significantly overestimating how much companies profit.
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@JackGavigan And just exactly how are supermarkets going to put price controls on food? They have margins like 1% and they already screw over the major food supply chain biggly.
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The Institute of Economic Affairs @iealondon has published a paper by @K_Niemietz outlining why wealth taxes are a bad idea. (Spoiler: They don't raise much revenue, they don't ease the tax burden on wage earners, and they don't reduce wealth inequality.) iea.org.uk/publications/f…

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@Zpartanll7 Bought it when that model was launched (Nov 2020), been using it continually since. It replaced an iPhone 6s that I also bought on launch day (Sept 2015).
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@chrisfralic I'm surprised they didn't open the first one closer to HQ...
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@Vivek4real_ More Americans own Bitcoin than gold
Americans own more gold than bitcoin.
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@chrisfralic @SecScottBessent @USTreasury By the way, the fact that income tax was originally introduced to fund Britain's war against Napoleon handily explains the English attitude towards the French.
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.@USTreasury is issuing a temporary 30-day general license to provide the most vulnerable nations with the ability to temporarily access Russian oil currently stranded at sea.
This extension will provide additional flexibility, and we will work with these nations to provide specific licenses as needed. This general license will help stabilize the physical crude market and ensure oil reaches the most energy-vulnerable countries.
It will also help reroute existing supply to countries most in need by reducing China’s ability to stockpile discounted oil.
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@kwharrison13 Looks like a Federation starship bridge with the helm and navigation desks removed...
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