The thing is "prudent" academic data backed lending leads down the same path and is arguably what is happening here. Any time a currency expands it is subject to the cantillon effect. Because of this any centralized production of currency will end in problematic capital distribution, regardless of the best intentions of the distributors. No matter how intelligent they are not omniscient. The problem of combinatorial explosion in AI illustrates this nicely.
Every president who spoke out against central banking and fractional reserve lending had an assassination attempt on dat ass. Some succeeded as we know
rob ager argues in his youtube video about the gold room in the shining that the movie is in part about the establishment of the fed. tin foily but i think he might be onto something but only because it confirms my bias.
JulietGolf out records show a slightly subversive tone in your earlier Reddit posts. Be advised that for the next month your coon tokens will only allow you to purchase Soylent green and no other foodstuffs.
Oh whats that? Youre only reserving a fraction of the money youre supposed to holding for people and loaning it out instead? Oh, and people are trying to withdraw their cash but youre out? Oh, we'll just print more sucking the value out of everyones money, and give it to you so you dont bankrupt our economy.
Writing is on the wall. Market is fake. Inflation will ruin it all. Only a matter of time. Gas food heat credit debt homes rent to high. Fed just giving false hope. Tech stocks will come back down 2023. Pump n dump 101. Not financial advice 🦅
I wish I was smart enough to research and find out the exact cause of each currency collapse and the reason currencies failed in the past. What was the straw that broke the camel's back in the past and are we seeing anything similar today?
Hahah, all you guys that think "they" are going to let a value backed currency exist? Hahahahahahahahahaha, ask Saddam how his went, or Venezuela, or Brazil, or Russia for the matter.
Actually the Roman’s invented the central bank to protect the Roman housing market and eventually minted too many coins to make up for its debt and the aristocracy bought up the land creating divisions of power between the bureaucracy who now owned less land, the aristocracy who owned more, and the commoners who owned none. Then the empire experienced a “sudden” and “unexpected” regime change lol.
michael burry is the financial equivalent of the sonic kid yelling "WHEN WILL YOU LEARN....WHEN WILL YOU LEARN...THAT YOUR ACTIONS HAVE CONSEQUENCES!!!!"
Why GME?
Micheal seems to think the Federal Reserve has created a confidence game (which is coming to an end).
They way the market ripped today based on some vague words from one dude is so alarming.
Michael Burry is referring to the
It is absolutely disgusting and must end.
what do you know, the federal reserve was enacted in 1913
Need to go back to the gold standard.
How do you win a game where your opponents are cheating, but you can't prove it?
The thing is "prudent" academic data backed lending leads down the same path and is arguably what is happening here. Any time a currency expands it is subject to the cantillon effect. Because of this any centralized production of currency will end in problematic capital distribution, regardless of the best intentions of the distributors. No matter how intelligent they are not omniscient. The problem of combinatorial explosion in AI illustrates this nicely.
CALLIN OUT THE FED AND PPT?!? GOSH DAMN
The Presidents Working Group on Markets aka PPT aka some of the biggest fraudsters in the world
Trinidad Scorpion spicy, I like the man
Quack quack, motherduckers 🦆 🦆 🦆
His puts didn’t print. Now he’s pissed
He's made his Puts got blown up yesterday 🤣
Must have just read Peruvian Bull’s recent DD
Our country was sold out in 1913 when the Fed was established.
Every president who spoke out against central banking and fractional reserve lending had an assassination attempt on dat ass. Some succeeded as we know
rob ager argues in his youtube video about the gold room in the shining that the movie is in part about the establishment of the fed. tin foily but i think he might be onto something but only because it confirms my bias.
Actually, The Fed was created to stop bank runs and create a centralized bank note.
They created the central bank to get more control over the system and prevent another crash from ever happening again.
It's... its both, sadly.
Gensler repealed glass steagall to make another great depression happen again
So it was always about protecting the establishment.
Personally, I prefer to plunge without protection.
Costs you more in the end…… at least you get a bundle of joy
In that case, why did you bring the team?
[удалено]
Wasn’t this the same guy that said you have no idea how short I am.
I thought he died of tuberculosis
Red dead lmao
PPT back on the menu?
🌎👩🚀🔫👩🚀
🚨PLUNGE PROTECTION🚨
If someone wants to learn more about central banks, here's a long documentary I have been recommanded called Money Masters
The next panic will lead to the bank credit tokens and our demise 😔😔😔
JulietGolf out records show a slightly subversive tone in your earlier Reddit posts. Be advised that for the next month your coon tokens will only allow you to purchase Soylent green and no other foodstuffs.
Speak for yourself. I’m not using that shit token, ever. No matter what
Sometimes the condom breaks if the plunge protecting is too rough
Oh whats that? Youre only reserving a fraction of the money youre supposed to holding for people and loaning it out instead? Oh, and people are trying to withdraw their cash but youre out? Oh, we'll just print more sucking the value out of everyones money, and give it to you so you dont bankrupt our economy.
Writing is on the wall. Market is fake. Inflation will ruin it all. Only a matter of time. Gas food heat credit debt homes rent to high. Fed just giving false hope. Tech stocks will come back down 2023. Pump n dump 101. Not financial advice 🦅
Remember… he’s puts just got fucked… he’s not happy.
Is that how puts work? Sorry all I care about are real shares
I like Burry, but do think he needs the occasional serving of humble pie to ground his god complex a bit. He can't ride his '09 success forever.
Tail needs to wag the dog always
Damn dude
Sounds like his puts are in trouble from the spx rally
Hes been calling this for over year, the market was down 30%, shouldn't he be in the green. It would be his fault for not selling.
Glad I closed my spx put last week at loss..
Someone didn’t pay attention to The Big Short movie 😝
Explains why Janet Yellen was making her rounds today.
I wish I was smart enough to research and find out the exact cause of each currency collapse and the reason currencies failed in the past. What was the straw that broke the camel's back in the past and are we seeing anything similar today?
You don’t have to,
reads like Burry had shorts and JPOW said bullish things. I wonder what he shorted?
Everything
It's funny that JPow hinting at raising rates still, but at a slower pace, is bullish. The rates are still going up. It's not bullish.
Cant wait for the Volume being the same as usual while we locked the float. Quite excited to see what our wrinkles will bring up on what we can do.
Hahah, all you guys that think "they" are going to let a value backed currency exist? Hahahahahahahahahaha, ask Saddam how his went, or Venezuela, or Brazil, or Russia for the matter.
Burry can LIGMA 🥜
Poor dude sold gme right before squeeze.. And said he has been never as short as now last week. And since then the whole market bullrun like crazy..
Squeeze? You seem to be mistaken.
TBF did he personally sell or sell for Scion? I don't remember.
gesundheit
"If you exclude food, energy, gas and housing ... inflation numbers are really low." - FED
They were early not wrong…😂
Need a new gold standard… the gme standard if you will.
Wow he mad, sounds like his perma-short positions got “ducked” today 😂
Someone got margin called…Stop fighting the Fed. You lose!
GO Dr. BURRY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Stop posting him..
No
Please!!
Omg who gives a shit about Boomer Burry and what does this have to do with GME? Absolutely worthless information
Holy duck
Salty gay bears always say plunge protect team or fake rally if they are fcked haha
All shortseller including many hedgefunds. Today wasn't a rally it was an annihilation. 3.3% spy penetrate
If it looks like a ducking duck... 🦆
Fuck Michael burry
His puts looking bad today. Awww cry baby!
Plunge deez
Where's the Monkey eyes PPT meme?
You down with the PPT?!
Actually the Roman’s invented the central bank to protect the Roman housing market and eventually minted too many coins to make up for its debt and the aristocracy bought up the land creating divisions of power between the bureaucracy who now owned less land, the aristocracy who owned more, and the commoners who owned none. Then the empire experienced a “sudden” and “unexpected” regime change lol.
U mad bro?
Remember, Finance Boys, you gotta use Plunge Protection.
This shit is regarded.
END THE DAMN FED.
michael burry is the financial equivalent of the sonic kid yelling "WHEN WILL YOU LEARN....WHEN WILL YOU LEARN...THAT YOUR ACTIONS HAVE CONSEQUENCES!!!!"