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@arbedout

I put the punk in cypherpunk // Buffalo soldier in the currency wars // curl -q -s | python -mjson.tool

Where The Smartest Of People And The Dumbest Of Money Meet
Gått med november 2014
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  1. Fastnålad Tweet
    3 aug.

    Normal brain: I'm actually sincerely flattered by this and all the likes it's getting Cosmic brain: KNEEL BEFORE YOUR CONTENT GOD FINTWIT PEONS Galaxy brain: <blasting NIN's "Hurt"> 🎶🎶 I wear this crown of shit 🎶🎶

    . is the best person to follow on this website.
    1 svara 1 retweet 21 gillanden
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  2. för 14 timmar sedan

    I hear Antigua is *lovely* this time of year.

    15 gillanden
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  3. för 14 timmar sedan

    Bonus points if you have to move to an island in the Caribbean to lay low and avoid everyone who made the mistake of believing in you.

    2 svar 18 gillanden
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  4. för 14 timmar sedan

    Here's a freebie from the dotcom days: capitulation isn't a 10% down day, it's when you have to switch careers because everyone knows you as 'that guy who quit his day job at the top to work for Webvan'.

    5 svar 26 retweets 133 gillanden
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  5. 13 aug.

    tfw you just want to shitpost but Erdoğan has no chill

    4 gillanden
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  6. 13 aug.

    I mean, whoops.

    How to stabilize your currency in a liquidity crisis, by Recep Tayyip Erdoğan: 1) Go on TV and tell your citizens there is no liquidity crisis 2) In same telecast beg your citizens to deposit dollars, FX and gold w/ banks instead of holding them 3) Take a nice long sip of Ayran
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    1 svara 4 gillanden
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  7. 13 aug.

    Imma take a 'my bad' on this one.

    *TURKEY STARTS PROBE ON 346 SOCIAL MEDIA ACCOUNTS ON LIRA: AA Who are the lucky ones
    1 svara 10 gillanden
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  8. Retweetade
    11 aug.

    The President is waging a simultaneous trade war and currency war..

    I have just authorized a doubling of Tariffs on Steel and Aluminum with respect to Turkey as their currency, the Turkish Lira, slides rapidly downward against our very strong Dollar! Aluminum will now be 20% and Steel 50%. Our relations with Turkey are not good at this time!
    20 svar 12 retweets 32 gillanden
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  9. Retweetade
    11 aug.

    Fed studied the Fedwire interbank payment network Highy disassortative - suggests robustness "study of payment flows may miss an essential aspect of systemic risks - contagion dynamics" "Useful to examine network of balance sheets instead" By Feb 2008 it was too late for that

    1 svara 3 retweets 14 gillanden
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  10. Retweetade
    27 apr.
    Svar till

    Deeper....

    4 svar 24 retweets 65 gillanden
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  11. 10 aug.

    I mean tbh I do my best to pretend Kruggy doesn't exist either, so at least we have *something* in common.

    2 svar 38 gillanden
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  12. 10 aug.

    What irks me is the erasure. Venezeulans, Iranians, and now Turks - we don't exist. Krugman has an axe to grind against libertarian derp, and in order for it to meet it's mark, we must be rendered invisible. We are simply too inconvenient to exist.

    This is a very good explanation of how libertarian derp drives Bitcoin
    10 svar 45 retweets 174 gillanden
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  13. 10 aug.

    "[F]rom the end of 2007 the Fed began to provide dollar liquidity in unprecedented abundance not only to the American but to the entire global financial system, and above all to Europe" 3/3 From 's new book Crashed,

    1 retweet 5 gillanden
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  14. 10 aug.

    As Bill Dudley of the New York Fed put it, “The big thing, where there has probably been the most severe stress in the market, is in dollar liquidity for foreign banks.” 2/3

    1 svara 2 gillanden
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  15. 10 aug.

    "When the FOMC met on September 16, the day after Lehman’s bankruptcy, [...], its first item of business was the funding difficulties not of American but of European banks." 1/3

    2 svar 3 retweets 4 gillanden
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  16. 10 aug.

    Right now somewhere on the road between Herat, Tabriz and Ankara, there's an arbitrageur trying to recreate Bernard Baruch's 'rent a locomotive on July 4th to get the jump on the London stock market' move. Good luck nameless stranger, whoever you are.

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  17. 10 aug.

    So far the market thinks Erdogan's speech was a worse move than appointing his 40 year old son-in-law as FinMin 👀

    3 svar 3 retweets 25 gillanden
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  18. 10 aug.

    Also, is that 'economic hitmen' translation correct, and if so was it a reference to the book by John Perkins?

    2 svar 3 gillanden
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  19. 10 aug.

    Q prompted by this Overton window shift: if Erdogan were to try to force this issue - by pulling the equivalent of FDR's Executive Order 1602, say - what would that look like, and how would Turks respond?

    1 svara 1 retweet 11 gillanden
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  20. 10 aug.

    1:26
    Erdogan says Turkey won't surrender to economic hitmen
    1 svara 3 gillanden
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  21. 10 aug.

    *ERDOGAN: THOSE W/ FX, GOLD UNDER THE PILLOW MUST CONVERT TO TRY (Bloomberg) Desperate words without sound economic policy. Turkey needs rate hikes and pragmatic appointments at the CBRT. Turkish people will be the ones to lose with financial repression and capital controls.
    1 svara 4 gillanden
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