David
368 posts
David retweetou
Sometimes the most impactful statement you can make is a strong resignation. It's unfortunate it's come down to this. God's speed @joekent16jan19 I hope this wakes some people up.
Joe Kent@joekent16jan19
After much reflection, I have decided to resign from my position as Director of the National Counterterrorism Center, effective today. I cannot in good conscience support the ongoing war in Iran. Iran posed no imminent threat to our nation, and it is clear that we started this war due to pressure from Israel and its powerful American lobby. It has been an honor serving under @POTUS and @DNIGabbard and leading the professionals at NCTC. May God bless America.
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Ryan Montgomery – Hacker Exposes Roblox, Minecraft, Discord & the Darkes... youtu.be/X51d06g4tuk?si… via @YouTube
YouTube
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David retweetou
@BorisJohnson Bitcoin is not a Ponzi scheme. A Ponzi requires a central operator promising returns and paying early investors with funds from later ones. Bitcoin has no issuer, no promoter, and no guaranteed return—just an open, decentralized monetary network driven by code and market demand.
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David retweetou
David retweetou
David retweetou
Everyone shares the Cantillon Effect, but...
Nobody shares the Cantillon Playbook.
The Cantillon Effect is simple:
When new money enters an economy, whoever gets it first benefits most, and by the time it reaches everyone else, prices have already risen.
It sounds bad, it sounds unfair, but it's what it is... and more importantly...
If you understand the "Mechanism" for how this works, it can change everything.
So the majority of new money isn't created by the Fed. It's created by commercial banks through lending.
Just compare the total assets of commercial banks to the total assets of the Fed. It's not even close.
And this changes everything, because...
The "Level 1" on the Cantillon chain isn't some shadowy central bank. It's Chase or Bank of America.
The bank you already have an account with.
Here's the actual sequence:
→ Commercial banks create new money by issuing credit
→ Those with collateral borrow first and acquire assets at today's prices
→ Asset prices rise as credit expands
→ Consumer prices follow
→ Wages adjust last, after purchasing power has already declined
The Fed's own data shows the result:
- The top 10% hold nearly 90% of equities
- The bottom 50% hold roughly 1%
But... what almost everyone misses is:
"Everyone has access to bank credit, and almost everyone uses it."
The difference is what they use it for.
Most people use credit to finance depreciating assets like cars, furniture, and credit card balances on things that lose value the moment you swipe.
But the top of the Cantillon chain uses credit to acquire appreciating assets — and borrows against those assets to acquire more. The collateral compounds. The debt gets repaid in cheaper dollars.
It's the same banks and the same credit system.
But with completely different outcomes.
The Cantillon Effect isn't something that happens to you from above. You're already inside the system.
The only question is which side of the bank's lending you're on.
Understanding this won't change the system. But it might change how you use it.
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h/t @jameslavish for his Cantillon post, just wanted to add how to use it to your advantage
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SAYLOR ON BITCOIN: “IF IT’S NOT GOING TO ZERO, IT’S GOING TO A MILLION.”
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David retweetou
Feel the energy of a Deftones show in the 90s, “Be Quiet and Drive”
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David retweetou
Motocross legend Colby Raha clears a 200-foot jump over multiple BMWs
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David retweetou
The moment Maikel Melero stunned the world with one of freestyle motocross’s most insane tricks.
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Never forget your safety plug
#mx #motocross #moto #mxgp #alpinestars #ktm #Husqvarna #honda #dirtbike #tacomoto #elonmusk #bitcoin #elitomac #Cooperwebb #yamaha #Kawasaki #Flo #zeta #Ronniemac #BarackObama
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