Damus

Recent Notes

weiMERICA Republic profile picture
To properly strategize you need a back up plan for a backup plan.

The greatest lesson from the Weimar Republic was that people in the cities died of starvation while crops rotted on the farm because the currency hyper-inflated so fast the money was worth less by the time the farmer returned from selling crops.

1. Source local
2. Bitcoin in self custody
3. Gold in self custody. The Amish farmer isn’t going to accept bitcoin
weiMERICA Republic profile picture
What keeps me up at night?

We killed the remnant of the gold standard with the petrodollar system.
Is the petrodollar crumbling into a multipolar world?
Is the petroyuan system developing?
Is the petroyuan built on a fully reserved gold system?

What happens if we run a paper derivative gold market but China’s is fully reserved?

At some point we are going to be standing there with our dick in one hand and paper gold claims in the other.
weiMERICA Republic profile picture
All that the analyst or historian need do is to assume, as an hypothesis, that people in government or lobbying for government policies may be at least as self interested and profit motivated as people in business or everyday life, and then to investigate the significant and revealing patterns. That he will see before his eyes.
MattA · 5w
🫡