16 Comments
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John Montoya's avatar

Mike Green obviously doesn’t understand bitcoin and therefore can’t understand what Strategy is doing. Makes me wonder what constitutes an expert if one doesn’t recognize pristine collateral in the form an absolutely scarce bearer asset.

I guess in his mind a debt-based credit system is the only, and therefore best way, to “add value to the economy long-term.” …an economy that siphons wealth as credit expands endlessly.

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SamAsIAm's avatar

That McCluhan quote is gold, resonates with Carlin's observation "they know what's good for them" (and freely express it on video these days). How easily they sell it and slip it by critical thinking, is the true marvel.

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Kristi O'Sullivan's avatar

Thanks for that Gone with the Wind quote. I had heard that book/film referenced with regard to current affairs and didn’t understand the connection (was decades since I watched the film).

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The Rational Walk's avatar

Let’s hope that Medvedev isn’t Putin’s successor. I can see Trump and Medvedev going from idiotic social media sparring to something much worse.

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Margin Of Safety's avatar

We are living in an era of irrational exuberance on steroids.

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Petra Kehr's avatar

The explanation of the UBS guys honesty is simple

His name is Rechtschaffen. Valuable German word for being:

Modest/Handsome/Reliable just a good person.....

My pleasure.

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Petra Kehr's avatar

To my best knowledge of the American English language: BLS Calculator means Bullsxxt Calculator?!?. Does it? Asking for a friend

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Petra Kehr's avatar

Contrary to my colleague commentators I highly like this post. My Number One Economist, Robert Werner (well actually I struggle to name No two) and his conversation with Tucker is really worth the time. If too long I recommend his 2018 Podium at Rhodes Forum where he meticulously explains the true mechanics of money creation.

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Marry Merry Mary Me's avatar

That's a shit load I'm not ready to carry into my weekend.

At least not after Friday's Happy Hour🍸 Enjoy August!🏛

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Buddy's avatar

I challenge Rudy to research and write a positive, optimistic, bullish Substack. 😂 Would do wonders for his mental health, I imagine.

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Christian's avatar

I get the impression he’s pretty happy whenever I listen to him on a podcast. He’s just doing a public service highlighting the gaslighting

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John McCullough's avatar

Wow—go Mainstream Media, that’s the ticket! Surprised he hasn’t thought of this

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Buddy's avatar

He absolutely has not. The difference being he would actually do research, unlike msm.

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Buddy's avatar

😜 done.

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Rudy Havenstein's avatar

It's easy to unsubscribe.

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Waspi, Kevin G's avatar

In the words of the high school drop out convenience store clerk......"Perfect!"

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