I only drink Cider myself, English cider is the best. Although, my friend in New Zealand can hardly wait to get back to England, for a pint of beer, after being locked down for over 3 yrs.
I started getting nervous about cryptos a year ago when I first read with incredulity about non-fungible tokens (NFTs) and how upright walking humans were forking over dollars, lots and lots of dollars, for them. So I sold my one bitcoin (not at the top), paid my taxes, and bought some physical gold. Haven't looked back so far.
I still don't get it about the value of NFTs except insofar as they fully comply with the "bigger fool" theory. Or perhaps Ponzi Inc.
People don't want to do physical work nowadays. People want to sit on their computer, press buttons and make money. Easy money. Young people want to be YouTube/TikTok stars.
Nobody wants to get their hands dirty. Repair your tools/appliances/sweeper ? HAHAHA
Cook dinner ? Call GrubHub.
Grocery shopping ? Get them delivered.
I retired from the construction industry a few years ago and we had a terrible time finding workers.
Yes you are correct in what you say. I'm still in construction & getting my hands dirty at 60. Why ? because it pays so well & I have control over my time & quality of output. Also working solo I don't need to put up with idiots that don't know what they're doing all day.
I also own gold AND BTC. I wouldn't underestimate BTC. It is highly fungible & FIRMLY limited in supply, 2 qualities the $US & gold don't possess.
Powell ‘s comment proves these elite people live in a world of no repercussions for their words or deeds. It is as if he does not care just putting in his time.
“...permanently startled speaker of the house stuck out her partly human hand..” Nice description of Pelosi. Wish someone would try tossing water on her.
Over all a good read and good review. One point on the fluctuation of OIL prices; those moves were in the futures market, never did a tank truck go into the oil patch and load up at the low price nor the high price. The media likes to cause problems any way they can so they state only part of the issue.
Poor Mr.Powell, he shouldn't be blamed because nobody saw this coming. How about anybody but the fed saw it coming.Let me define anybody.This person lives on Main St. U.S.A.,has common sense,passed his multiplification tables in Grammar school, own a business or doesn't,and does their best to pay their bills on time and their taxes.
It’s amazing the money made in tech on bloated and over complicated programs, when there is little real progress, they’re sitting around thinking of useless add ons that reap them billions. Who’s life is better because of a bloated word processor program that slows you down, and makes you less productive. It’s everywhere, we are being fooled.
What is the underlying value of grid up sensitive/dependent, cryptos, beside the 'bigger fool'?
What would the prices of PMs be if not for the continuous market maipulation of unregulated paper redeemed in more paper, or the diversion (of money, and attention) into nothing but; grid up dependent,1s and 0s ??
It's not warm Joel, it's a live brew at cellar temperature, perfect to savour the flavour and quench the thirst; not like that freezing fizzy inert chemical lager.
Yeah, it was actually well suited to the weather. Tasty enough to go back for another in any case. When it comes to cask ales, I’m a Courage Best man… but only because it was the first I tried when I moved to London at 19 and it holds a certain nostalgic value.
I used to run a Courage Pub in Shoe Lane off Fleet St. I opened it in 80/81 when The Print were still there. Express in the Lounge Bar, Telegraph in the Public and journos in the restaurant and cocktail bar upstairs.
It has been impossible to re-join your group. Credit cards, debit cards all declined and viewed as a suspicious transaction. Even after my bank approves, they fail. ?????
Crypto currencies and those NFT things are simply non-religious faith-based belief systems. Once the faith in price evaporates there is nothing left. They are price-only commodities, not currencies.
It seems that for our masterful central bankers, ignorance is bliss, but to be fair to Powell he has a little way to go in comparison to the Olympic level of cluelessness frequently demonstrated by Andrew Bailey, the Uk Governor of the Bank of England.
I only drink Cider myself, English cider is the best. Although, my friend in New Zealand can hardly wait to get back to England, for a pint of beer, after being locked down for over 3 yrs.
I started getting nervous about cryptos a year ago when I first read with incredulity about non-fungible tokens (NFTs) and how upright walking humans were forking over dollars, lots and lots of dollars, for them. So I sold my one bitcoin (not at the top), paid my taxes, and bought some physical gold. Haven't looked back so far.
I still don't get it about the value of NFTs except insofar as they fully comply with the "bigger fool" theory. Or perhaps Ponzi Inc.
People don't want to do physical work nowadays. People want to sit on their computer, press buttons and make money. Easy money. Young people want to be YouTube/TikTok stars.
Nobody wants to get their hands dirty. Repair your tools/appliances/sweeper ? HAHAHA
Cook dinner ? Call GrubHub.
Grocery shopping ? Get them delivered.
I retired from the construction industry a few years ago and we had a terrible time finding workers.
Yes you are correct in what you say. I'm still in construction & getting my hands dirty at 60. Why ? because it pays so well & I have control over my time & quality of output. Also working solo I don't need to put up with idiots that don't know what they're doing all day.
I also own gold AND BTC. I wouldn't underestimate BTC. It is highly fungible & FIRMLY limited in supply, 2 qualities the $US & gold don't possess.
Powell ‘s comment proves these elite people live in a world of no repercussions for their words or deeds. It is as if he does not care just putting in his time.
“...permanently startled speaker of the house stuck out her partly human hand..” Nice description of Pelosi. Wish someone would try tossing water on her.
Over all a good read and good review. One point on the fluctuation of OIL prices; those moves were in the futures market, never did a tank truck go into the oil patch and load up at the low price nor the high price. The media likes to cause problems any way they can so they state only part of the issue.
Keep on the good work. Ralph Wood
A Comment on the second interview shown in today's email
@0.49 I burst out laughing at
" it wasn't something that was wrong with our model, it wasn't in the model"
How dare the economy do something without notifying Mr. Powell
and the image @0.53 of the two "gentlemen" on the left is priceless.
Poor Mr.Powell, he shouldn't be blamed because nobody saw this coming. How about anybody but the fed saw it coming.Let me define anybody.This person lives on Main St. U.S.A.,has common sense,passed his multiplification tables in Grammar school, own a business or doesn't,and does their best to pay their bills on time and their taxes.
It’s amazing the money made in tech on bloated and over complicated programs, when there is little real progress, they’re sitting around thinking of useless add ons that reap them billions. Who’s life is better because of a bloated word processor program that slows you down, and makes you less productive. It’s everywhere, we are being fooled.
What is the underlying value of grid up sensitive/dependent, cryptos, beside the 'bigger fool'?
What would the prices of PMs be if not for the continuous market maipulation of unregulated paper redeemed in more paper, or the diversion (of money, and attention) into nothing but; grid up dependent,1s and 0s ??
thanx 4 your thoughts.
C E
It's not warm Joel, it's a live brew at cellar temperature, perfect to savour the flavour and quench the thirst; not like that freezing fizzy inert chemical lager.
And as for Tesla https://twitter.com/laurenfix/status/1543323009120960515?s=20&t=fsEhjCydtE8bVmXWsqSo2Q
Yeah, it was actually well suited to the weather. Tasty enough to go back for another in any case. When it comes to cask ales, I’m a Courage Best man… but only because it was the first I tried when I moved to London at 19 and it holds a certain nostalgic value.
I used to run a Courage Pub in Shoe Lane off Fleet St. I opened it in 80/81 when The Print were still there. Express in the Lounge Bar, Telegraph in the Public and journos in the restaurant and cocktail bar upstairs.
Wow… if those walls could talk, eh?
im·pe·cu·nious | \ ˌim-pi-ˈkyü-nyəs , -nē-əs \ adjective
: having very little or no money usually habitually : PENNILESS
I LOVE learning new words Joel.
However, using this particular one to describe our politicians is a bit sketchy...
Just a note on another topic...
It has been impossible to re-join your group. Credit cards, debit cards all declined and viewed as a suspicious transaction. Even after my bank approves, they fail. ?????
Any other ways to pay ?
Vulgar clip dude was most excellent. Someone buy that guy a drink.
Crypto currencies and those NFT things are simply non-religious faith-based belief systems. Once the faith in price evaporates there is nothing left. They are price-only commodities, not currencies.
It seems that for our masterful central bankers, ignorance is bliss, but to be fair to Powell he has a little way to go in comparison to the Olympic level of cluelessness frequently demonstrated by Andrew Bailey, the Uk Governor of the Bank of England.
Blaming inflation on the unvaccinated. I wish I was surprised.