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a_yawning_cat's profile
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@a_yawning_cat

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@a_yawning_cat

stray thoughts, loosely held. rat jaeger.

California, USA
aycat.substack.com
Joined December 2018

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    1.  🐈‏ @a_yawning_cat Jan 22

      the way that credit cards work is that they charge merchants fees so that the prices of everything in the store rises to offset the fees. credit card users get rewards. end result is that cash users subsidize credit card users. you can't opt OUT of the "System" without a price

      1 reply 0 retweets 1 like
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    2.  🐈‏ @a_yawning_cat Jan 22

      a deflationary asset is something that gains in value over time. it's "bad" because it incentivizes savings and non-use. energy that could've gone into the economy deflationary assets like bitcoin/gold are a way of saying "No" to the system.

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    3.  🐈‏ @a_yawning_cat Jan 22

       🐈 Retweeted  🐈

      the more powerful the midas effect, the more money should be sent into the market. there's no point in hoarding gold if you can just turn everything INTO gold. A: https://twitter.com/a_yawning_cat/status/1344882109282828291 … B:https://twitter.com/a_yawning_cat/status/1324970409821757441 …

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       🐈 @a_yawning_cat
      15/ Profitability should be ignored when there is growth potential. When there are lands to conquer, you want to give the generals more so that they can do more conquering. If you try to micro-manage the generals, you lose the war.
      Show this thread
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       🐈‏ @a_yawning_cat Jan 22

      the opposite of the Midas Effect is the Naked Emperor effect. Golden threads are still being produced, except they're "IMAGINARY" golden threads. Naked Emperor + No way to "Exit" => Blind Loyalty => Cacophony of "Voice".

      12:06 PM - 22 Jan 2021
      0 replies 0 retweets 1 like

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