Published 22 Jun 2026, 13:39 UTC · fetched 3 Nov 2026, 11:01 UTC
CRG
@MacroCRG
Quoting · 22 Jun 2026, 13:33 UTC · context given to the AI
The problem in the UK (and it’s the same in the US) is running uncontrollable deficits which need monetising, which debases currency and drives inflation higher which is the most regressive form of “tax” there is Asset owners benefit from the debasement and inflation Wage earners get poorer We desperately need to reduce the role of government and the welfare state and focus on supply side reforms that drive higher productivity and employment The problem is, it takes a skilled communicator to help people understand that (as well as someone with the economic and financial literacy to understand it in the first place!) …and it’s not as politically enticing as offering “free stuff” and paying for it by taxing the rich more - even if that’s counter productive and doesn’t work and is Keir Starmer is a divisive, sanctimonious piece of sh*t and deserves to go but Andy Burnham is set to make things even worse because he too doesn’t understand the fundamental economic problem causing the unrest and social decline He thinks we need more of the very things causing the decline We’ll get a vote of no confidence and general election within the next 2 years as things spiral downward No party however seems to have an answer - it’s just the more left leaning parties send us spiralling into the abyss more quickly than the more right leaning conservative parties We don’t know how this ends and the “hope” is that the social decline is just slow enough so it doesn’t lead to complete anarchy AI and technology also offer the potential for a huge productivity boom that may help, although it also delivers its own economic problems as human capital is displaced In the mean time, you have to protect yourself by owning hard assets - Bitcoin is the hardest asset - and also be long tech/AI owning the factors of production that will eventually displace your labourif you read only one tweet today, read this one then go buy some Bitcoin https://t.co/XUYKqF3hUbView original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Awaiting manual review
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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