interesting articles and shit -

[Spergerella]

NFTs gonna melt those glaciers. Waifu NFTs will be the end of the world.

 

[knobslobbin]

It begins, price increases incoming. Inflation gonna fuck us all.

http://archive.md/WUq7T

I hope it puts a damper on the democrats tax and spend policies, but I doubt it. Money printer go brrrrrrrr

 

[BarberFerdinand]

https://www.cnbc.com/2021/05/01/charlie-munger-calls-bitcoin-disgusting-and-contrary-to-the-interests-of-civilization.html

 

[The Whore of Babylon]

uh oh sisters!

https://www.theregister.com/2021/05/19/china_cryptocurrency_crackdown/

 

[Elwood P. Dowd]

Biden Banks on $3.6 Trillion Tax Hike on the Rich and Corporations

https://archive.md/PxbgO

Because capital gains income would also still be subject to a 3.8 percent surtax that helps fund the Affordable Care Act, the conservative Tax Foundation estimated that high-earning taxpayers in some states could face tax rates on their capital gains that are above 50 percent, the highest such tax burden in a century.

Wonder how big a November/December 2021 sell off we'll see if this goes into effect for 2022?

Ignoring the fact that individual investments, hence capital gains (or losses), are funded with after tax dollars in the first place. Meaning if you're rich why not just fund current consumption if your savings are gonna take it up the pooper...but that's probably a rant for a different time.

 

[Overly Serious]

Couple of videos. Just discovered this guy. Not extreme doomer, does have expectation things aren't going to be great for a few years. Keeps things nice and to the point. Was surprised to learn how much of US mortgages are owned by the Fed! I didn't even know the Fed did that.

 

[CBDsoap]

Couple of videos. Just discovered this guy. Not extreme doomer, does have expectation things aren't going to be great for a few years. Keeps things nice and to the point. Was surprised to learn how much of US mortgages are owned by the Fed! I didn't even know the Fed did that.

The fed does a lot of stuff you don't know about

 

[TheRedChair]

It begins, price increases incoming. Inflation gonna fuck us all.

http://archive.md/WUq7T

I hope it puts a damper on the democrats tax and spend policies, but I doubt it. Money printer go brrrrrrrr

Corporations been doing this AFTER the elections. Before the election it was not so fucking blatant. and as stated before, if things are really are so bad WHY ARE THEY MAKING MASSIVE PROFIT????

If you can sell a fucking piece of 7/16 of cheap ass OSB plywood for $69... PER sheet, instead of $14.00 before Nov 3rd 2020 you are going to make those god damned excuses.

Again I do not buy into all of the bullshit being thrown by the various corporations of late. Corporations have no emphasis in doing so because the Biden Administration have their OWN agenda and that is to not help the middle class. As bad as everyone bad mouthing Trump I'm pretty damned sure that the Corporations would be not as fucking blatant as this. Because Trump is a loose cannon and he would do something about it if it makes him look good.

Now as far as your comment about taxes....

https://taxfoundation.org/federal-tax-policy-after-the-2020-election/

Already implemented for certain tax changes from 2021 and onward.

 

[Kosher Dill]

From the NY Times: Pipeline Investigation Upends Idea That Bitcoin Is Untraceable

This presumably comes as a surprise to no one here, but the government wants to make sure everyone knows it now.

“The public is slowly being shown, in case after case, that Bitcoin is good for law enforcement and bad for crime — the opposite of what many historically believed,” said Hunter Horsley, chief executive of Bitwise Asset Management, a cryptocurrency investment company.

 

[tehpope]

Probably BS, but interesting:

https://twitter.com/aphilosophae/status/1402434266970140676

tldr - the rich are buying up neighborhoods, killing and keeping the middle class out of home ownership.

 

[shameful existence]

Russian central bank warns against investing in volatile digital currencies, citing risk of ‘enormous’ losses

I hate waiting to be saved by EU institutions and Biden bucks.