Finance

Folks, folks, folks.
Finance is just Law, nothing else.

You need cash flow to prosper, meaning you need real output to prosper.

Cash flow = Real Ouput

In Soviet Union anybody had a home. In Greece anybody owns a home. In Romania, Albania, the same.

1/2
But, Soviet union, Greece now, Romania and Albania have little real output, hence little cash flow.

Greeks understood that in 2012 Greek financial crisis. They had homes, but they had no cash flow.

Folks, homes are not edible, neither can be used as fuel.

2/3
Folks, you need Production or Imports to maintain prosperity, nothing else.

Finance is just Law, it's just digits on computers which can be changed instantly.

And that is why I keep insisting to Matt @matthewstoller that entitlements will be cut inevitably.

3/4
Production is lower. Imports are lower.

It is physically impossible NOT to cut entitlements.

They will be simply self cut erratically, rather than congress doing it as proper redistribution.

You can't consume what is not produced.

4/4 end

#krisonomics

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Kris 📿🇨🇦 🇦🇱 🇺🇦

Kris 📿🇨🇦 🇦🇱 🇺🇦 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @ektrit

Feb 3
Supply chains and Marriage

Through the perspective of supply chains, Church taking control of marriage and family makes sense entirely.

Also, Prophet Muhammad was a genius.

Patriarchy makes sense entirely, and it was to defend ....women.

1/
Prophet Muhammad saying up to 4 wives was due to excess women because of wars when men would spend time and/or die. Excess Women would end up as slaves or prostitutes or die of hunger.

Constituting marriage with up to 4 wives solved that societal and supply chain problem.

2/
The Christian Church, if we see it through a supply chain perspective, marriage was sanctified and taken control of in order to elevate women to be as much equal to men as possible.

Patriarchy as a system defended women, if we see it through supply chain eyes.

3/
Read 6 tweets
Feb 2
KROACIA - KATOLIKËT SHQIPTARË

Presidenti jugosllavo-katolik, që tani quhet Kroaci, tha që Kosova i përkiste Serbisë, por nuk i përket më tani. Ai vazhdon ta mbështesë atë që tha.

Kjo është prova e dytë që katolicizmi modern është një qelbësirë anti shqiptare.

1/
Është e qartë që islami modern dhe ortodoksia moderne janë qelbësira anti shqiptare, por shqiptarët që gjithmonë kanë shikuar nga Vatikani që të na mbështesë si perëndimorë, jo si turq myslimanë, tani ta kenë të qartë.

2/
Disa muaj përpara Patriarku satanik Irenej i kishës satanike serbe, falenderoi Vatikanin e qelbur që paska rënë dakord me satanistët e kishës serbe që Kosova është Serbi.

Katolikët shqiptarë NUK reaguan fare.

3/
Read 8 tweets
Jan 28
INTEREST RATES

From Volcker to Powell:

Powell will hike rates to 10%, but he doesn't know it yet.

Why?

Because this is a trial and error process.

Volcker didn't know either that he would be raising rates to 20%.

1/
Volcker was faced with one problem and one problem only:

PRODUCTION

DC and Volcker LEARNED by trial and error process over Time and Space that they had to hike rates to 20% in order to expand PRODUCTION.

2/
Same thing now.

DC and Powell are having one problem and one problem only:

PRODUCTION

And they are learning via Trial and Error in Time and Space that the first and foremost thing to do is HIKE RATES.

Powell/DC will keep hiking rates until PRODUCTION stabilizes.

3/
Read 4 tweets
Jan 26
INTEREST RATES BOOST PRODUCTION

tradingeconomics.com/united-states/…

Look at the graph of US interest rates.

Can you spot the most prosperous and productive period of history since the 70s?

1/
The most productive period in US history post WW2 was when rates were 20%, US kept thriving when rates were kept above 5%.

But why?

Why do high rates spur production?

2/
Simple, folks.

You DO NOT have to borrow money to start a business.

To reiterate, YOU DO NOT HAVE TO BORROW MONEY TO START A BUSINESS, when rates are above 5% permanently.

3/
Read 11 tweets
Jan 22
ASSET PRICES

The media focus is still on ASSET PRICES.

Folks, asset prices no longer matter.

The only things that matter now are 3:

PRODUCTION
PRODUCTION
PRODUCTION

Asset prices are now irrelevant.

1/
Stocks, Bonds, Housing prices, NOBODY CARES, nobody.

I remember speaking with DC insiders in 2015-2018, asking them about concern on supply chains.

Their reply was: NONE. They trust the Bankers.

2/
Things have changed.

Pentagon openly is saying they were wrong on trusting finance, they were wrong on disregarding supply chains, and the only that matters now according to pentagon is

PRODUCTION
PRODUCTION
PRODUCTION

3/
Read 5 tweets
Jan 22
FROM USD TO BARTER

I am saying that the world is trying to replace USD with BARTER.

This is self evident. They are declaring it, everybody is declaring it.

1/
Am I saying that they will succeed at the very end?

NO, THEY WILL FAIL.

What I am saying that SAYING AND TRYING is more than enough to break supply chains, which is happening.

2/
Seeing that the world is shifting from SAYING TO TRYING, Washington DC now has woken up to the fact that supply chains are breaking down, because they own supply chain has already broken down.

IT IS TANGIBLE FOR THE PENTAGON NOW.

3/
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(