Ludwig Von Mises

@Econimica @profstonge GDP growth is not equally distributed. Cantillion effect does apply to monetary growth. The poor are poorer, the assets rich are richer.

@profstonge Richer has many definitions...but from my viewpoint, Massachusetts has gotten much poorer since 2001.

Massachusetts is much richer than 2001. Yet food stamps quintupled. Implying between 80% and 90% are fraud.

@AlessandroFusi9 @SamaHoole Assolutamente. Un abbraccio anche a te.

@NationsWealth @SamaHoole Ancora più che carnivoro sono uno strenuo difensore della libertà di tutti. E la libertà comincia dal controllo esclusivo del proprio corpo. Mangiate ciò che volete, ognuno decida per sé. Il vero nemico è chi vuole imporre farmaci, cibi o altro. Un abbraccio libertario.

I don't eat salad, because I'm not a rabbit. I don't eat grass, because I'm not a cow. I don't eat seeds, because I'm not a sparrow. I don't eat oats, because I'm not a racehorse. I don't eat lentils, because I'm not surviving the siege of a medieval village. I don't eat fruit smoothies, because I'm not a toddler being bribed into the car seat. I don't eat soy, because I'm not a vat in an industrial oil press. I don't eat seed oils, because I'm not a paint thinner. I don't eat margarine, because I'm not a science experiment that escaped the lab in 1911. I don't eat fortified breakfast cereal, because I'm not a marketing department's quarterly target. I eat fatty red meat, because I'm a human being, and that is what we have always been.

@federalreserve, u did this 250bn mkt cap 4bn revenues

thoughts? #pistachios cc @John_Hempton

lol be 20 years old in 1982 was timing the market

@DavidBCollum @DiMartinoBooth wsj.com/articles/quant…

@DavidBCollum i have zero faith. Why should Mr. 100 million be restrictive? Not sure you remember when we were looking at Powell tightening in 2018. @DiMartinoBooth was in love with the man. And then Warsh and Druck come with that wsj op ed. it was all pivots and cuts afterwards 👇

Finally! Somebody takes Warsh at his word. I think he has been installed to be tough. Chris's allusion to Volcker-esque may be spot on. x.com/JuliaLaRoche/s…

@HiddenPivots not only 10s... youtu.be/crKwlbwvr88?is…

They no longer make #10 legendary like #Zico 🇧🇷

wow 147bn mkt cap 7bn sales no way will be able to keep 30 perc margins in the long run for a commodity product such as memory ram

wow 147bn mkt cap 7bn sales no way will be able to keep 30 perc margins in the long run for a commodity product such as memory ram

too old for a 30 year mortgage here

If you buy a $650,000 house with a 30 year mortgage and put 10% down, by 2056 you will have paid $719,000 in interest to finally own the home outright

They did too Until they didn't

Warren Buffett's hedge is that he can sit for years on 300bn treasuries. People still keep the shares. No career risk. Waiting is the hedge.

@runaway_vol As an Italian who married a nutritionist wife, yes very healthy. One of the secrets for a long life.

@NationsWealth it’s very healthy

Italian food is so popular because it’s half carbs, half fat. It’s basically colorful French fries.

lol

with hindsights

i shorted a little of intel - it's 400bn now mkt cap - I dare it to go 5x