Stimulus checks lit the fuse on the highest inflation in 40 years.

It feels like free money when one household gets the stimmy. But when $1.9 trillion is chasing the same number of goods, we get a record high inflation of 9.1%.

Same when you stand up at a concert to see better, but then you’re back at square one when everybody stands.

This is the fallacy of composition in economics where a benefit that is accrued by one person is dissipated when it is handed to a large group simultaneously.

But it feels good when it hits and politicians can later blame something else for why your purchasing power is decimated.

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You can measure the pulse of how fed up Americans are by the level of Tucker's crashout.

This is about a 7.

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They ripped up all the carpet in their house thinking they were about to uncover beautiful hardwood floors underneath, only to discover it was plywood.

This is why you pull up a small corner and check what’s actually underneath before ripping out the entire room. That little 30-second inspection could’ve saved a whole lot of regret.

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Reminder for when people tell you things are “going well” in crypto-

Every large crypto-focused firm either:

1) has pivoted;

2) is pivoting;

3) is dying.

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"One need only look at a woman’s shape to discover that she is not intended for either too much mental or too much physical work."

- Schopenhauer, On Women

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They want you to think this is AI

They want you to think the Air Force doesn't already have vacuum balloons

They want you to disregard the fact that 6061 aluminum gets you neutral buoyancy on compressive strength

And that means you can have "10x overhead" to solve buckling

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