Happy 5th of July

Straight laced, I love him

My new best friend

Every industry should stop paying livable wages and tell the end users of their product that they have a better chance of getting products or good services if they tip. A tip from the end user, goes twice as far.

New work flow, ask questions, get explanations, make a cartoon to cement it into memory What you’re seeing is a classic case of long-end yields rising even as the central bank eases—and it usually means the market is sniffing out something ugly underneath the surface. Here’s the breakdown, keeping it snarky but clear: ⸻ 🧠 Smart Money’s Telling You: “We Don’t Buy It” • The Bank of England might be cutting because of softening short-term economic indicators (like inflation falling, stagnating GDP, or job softness). • But that doesn’t mean long-term investors are convinced things are getting better. In fact, they might believe: • Inflation will return (e.g., due to fiscal excess, wage pressure, supply-side issues) • The central bank is behind the curve or losing credibility • Cuts today = stimulus that stokes inflation later ⸻ 📈 Why Are 30-Year Gilt Yields Spiking? (As shown in the chart, up 20bps+ in a day—yikes.) 1. Loss of confidence in monetary control Investors may believe the BoE’s cut is premature and will reignite inflation, pushing long-term rates higher to compensate. 2. Fiscal dominance / debt concerns Britain’s borrowing binge isn’t a secret. If rate cuts are perceived as enabling government spending (or monetizing debt), long-term bonds sell off. 3. Reflation trades are back on Central bank cuts often front-run a reflation narrative. Markets could be pricing in looser policy that triggers long-term inflation. 4. Foreign investors stepping back If overseas buyers of gilts are spooked by the trajectory of UK policy, they demand higher yields or dump bonds entirely. ⸻ 🧮 Basic Math Check: If central banks cut rates and your long-term bond goes down, it’s not a victory dance—it’s a red flag that the future looks worse, not better. ⸻ 🧢 TL;DR Tweetable Thought: BoE cuts, but 30Y yields spike. Translation? The bond market just gave the central bank a side-eye and said, “you’re gonna print, aren’t you?” ⸻ Let me know if you want a chart cartoon version of this, with your FF2K emoji running from a gilt yield curve explosion like it’s radioactive.

Coming to the realization that every dollar you decide to hold is short Bitcoin (the best performing asset of the last 15 years) is a tough pill to swallow.

“You don’t need a PhD to figure out that you should convert your dollars to Bitcoin” FF2K😊

I was intoxicated 😂

Nobody gives a fuck about you or your mom, so take self custody.. #Bitcoin 🍿

I have no idea, him and his wife are both Hungarian and live in a tight community