Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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How the fuck do you write so much ?I don't know. It just seems to happen to happen.
Not complaining as I post like a mofo but not with the precise writing that you try to do.
Fair enough.
I tend to write like James Joyce just let it rip.
Stream of consciousness style.
Stream of consciousness style.
Will have to keep that in mind for the next time that I am working towards critiquing something in your direction... .and maybe say: "fuck that James Joyce bullshit" or whatever might be the critique.
I have a USA based theory of why the gov does these games with interest.
Surely you should be able to appreciate that we go beyond the USA in this thread and in this forum - even though we are talking about the USD as the other side of the trading pair listed in OP.
I base it on the Long Island railroad retirement system.
see below:
My step dad is 90 years old.
He worked for the Long Island Railroad from the age of 22 to 52
he has been in retirement for 38 years. 8 years longer than he worked.
his son my stepbrother is 60
he got a job in 1984 or 1985 with the long Island railroad he was 22 or 23.
He retired at 55 he is on pension for 7 years.
his son is 25 he is working at the Long Island railroad for 3 years.
The model above does not work cannot work if every family in the USA was setup the way they are it all falls apart.
see below:
My step dad is 90 years old.
He worked for the Long Island Railroad from the age of 22 to 52
he has been in retirement for 38 years. 8 years longer than he worked.
his son my stepbrother is 60
he got a job in 1984 or 1985 with the long Island railroad he was 22 or 23.
He retired at 55 he is on pension for 7 years.
his son is 25 he is working at the Long Island railroad for 3 years.
The model above does not work cannot work if every family in the USA was setup the way they are it all falls apart.
Why would you want to lock yourself into some model that has been undergoing all kind of changes over several generations, and even the design of work evolved within previous work/employee/retirement plan systems.
Some of those kinds of guaranteed pension jobs still exist - but they are so fucking rare that it makes little sense to base your thinking on those kinds of systems, or even proclamations that certain kinds of jobs are disappearing and blah blah blah.
There are a lot of kinds of industries that exist, and there are various kinds of changes in world dynamics too - in terms of how WWI and WWII had played out that put the USA into a kind of advantaged position that is undergoing changes, and sure there might be some possibilities that the USD might be able to hang onto dominance in one or two more 12 year cycles? and even the cycles are changing and the dynamics from within trying to keep all of the balls in the air could come crashing down... or maybe not any time soon.. but still consider ways to be prepared for various kinds of balls-crashing-down scenarios.
So the feds play pendulum with war ,interest rates ,unemployment . In an effort to keep it all from imploding.
Now I would argue it has not fully imploded since 1929-1939 which they fixed with WWII.
I am hoping they avoid the next full implosion better than they did back then.
We will have a much better idea by 2024 Nov just how fucked the USA will be.
Now I would argue it has not fully imploded since 1929-1939 which they fixed with WWII.
I am hoping they avoid the next full implosion better than they did back then.
We will have a much better idea by 2024 Nov just how fucked the USA will be.
In a general way, I cannot disagree with any of that.. except that I still believe that when we get into specifics and your various ways of trying to prognosticate short term matters
- especially how it pertains to my lil precious, you come to all kinds of weird and inaccurate conclusions, and still wondering why the fuck does any presidential election matter as much as you are suggestion of how much importance you seem to be putting within a stupid-ass timeline involving USA presidential politics? Maybe you should flesh out your hypothesis a bit - even though it is likely to just lead to more nonsense and even contribute towards my throwing up my Christmas meal from yesterday because you will be trying to outline specifics that you likely currently believe but you are just NOT currently stating.
The Long Island railroad model is only an illustration of the issue.
how bout this.
USA go to school in 1975 lots of good cheap colleges get out at 21-22 zero debt get a job blank blank blank..
USA go to school in 1996 not as many good cheap colleges get out at 23-24 as you need a masters to compete with the ones that graduated in 1975 and you have a small loan maybe 25k
USA go to school in 2017 almost any college cost at least 60k more like 200k get out at 23-24 you better have a masters to compete with the ones that graduated in 1975 and 1996 and you have a larger loan over 100k.
that is the education twist on the Long Island Railroad example I gave.
As to why I use USA simple USA is still the fiat standard (how long does it have?)
and USA so far was able to heavily fuck the world market by raising % rates for the dollar.
Which is many countries are trying to do BTC and which is why the dems let SBF shit all over (JJG you will love this) BTC using FTX and all the shitcoins (other than LTC + Doge).
Does this clarify it a bit more.
Please remember it is always or almost always just written in stream of consciousness.