wealththeory
Wealth Theory

Optimistic

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Last Notes

2025-05-01 14:06:54 UTC

Do I not destroy my enemies when I make them my friends?
- Abe Lincoln

2023-03-17 12:31:24 UTC

Regional bank runs are happening as depositors pull funds to mega banks that are guaranteed by the Fed as too big to fail.
What happens when mega bank runs go to self custodied Bitcoin?
The money printer gets stuck on to keep remaining depositors whole. Fiat death spiral.

2023-03-07 02:28:26 UTC

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💜

2023-03-06 04:03:34 UTC

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Moffat just posted date saying record numbers of people are leaving Ontario for other provinces. A net difference around 80k over those coming in from other provinces.
National immigration is probably still offsetting it though.
Also noticed a trend of people moving north.