Joseph Brown @heresyfinancial Twitter profile

Last Seen Profiles

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Joseph Brown

@heresyfinancial

2 years

How Germany went “green” in 4 easy steps 1. Shut down clean nuclear 2. Move to unreliable wind/solar 2. Become reliant on Russian natural gas 3. Fire up dirty coal again

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Joseph Brown

@heresyfinancial

3 years

Think the Emergencies Act is bad? Now imagine a CBDC No act needed. No bank compliance needed. Just a flip of a switch, as the central bank directly controls the transactions and balances of every account in the nation. CBDC is a tyrant's wet dream.

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Joseph Brown

@heresyfinancial

1 year

Here’s what the mainstream doesn't want you to know about todays "blowout" jobs report There are actually 2 different jobs reports, and they tell very different stories about the economy. 🧵👇🏼 The first one is the one that is making all the headlines: 336,000 new jobs added.

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Joseph Brown

@heresyfinancial

2 years

She's a 10 but she's a Keynesian

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Joseph Brown

@heresyfinancial

1 year

The Reverse Repo facility at the Fed dropped to $1.57 trillion What does this mean for markets? 1. The government is getting deeper into debt by spending more while taxes are dropping, and they have to borrow the difference. Normally they borrow from China, Japan, and the Fed

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Joseph Brown

@heresyfinancial

1 year

The Reverse Repo facility has seen $1 trillion drain out in just the last 6 months What happens when it runs out? Its important to remember what this account is for, and where this money came from in the first place 🧵👇🏼 When all the money printing started in 2020, this

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Joseph Brown

@heresyfinancial

11 months

Today, the US government tried to borrow a bunch of money. It didn’t go well In order to get enough lenders, they had to offer a much higher interest rate than originally planned While this was much weaker treasury demand than expected, it’s nothing compared to what we will

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Joseph Brown

@heresyfinancial

2 years

During the Great Depression the US government burned crops and slaughtered cattle Why? To “help” with the “problem” of falling prices.

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Joseph Brown

@heresyfinancial

8 months

Bank stocks are collapsing like it’s 2009 Tech stocks are melting up like it’s 1999

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Joseph Brown

@heresyfinancial

10 months

Only $683 Billion left in the Fed's Reverse Repo facility One year ago it topped at $2.5 trillion Right now, all this cash is going into t bills (short term government debt) If everything stays the same (treasury borrowing amounts, treasury bill issuance, Fed interest rates,

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Joseph Brown

@heresyfinancial

8 months

The 20 year US Treasury auction just saw a record-sized tail Here's what that means, and why it matters. Explained simply 👇🏼 When the government needs to borrow, they hold an auction They say "we want to borrow x amount at x interest rate" Individuals can say "OK" or "no

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Joseph Brown

@heresyfinancial

2 years

The debt ceiling should be lowered each year, not raised

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Joseph Brown

@heresyfinancial

2 years

The government gives you the choice of taking half your income or putting you in prison and calls it freedom

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Joseph Brown

@heresyfinancial

3 years

I lost 50 pounds in under 5 months, WHILE putting on muscle Here’s the story of how I did it, and what I learned along the way 👇🏼👇🏼👇🏼 1/18

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Joseph Brown

@heresyfinancial

1 year

No, the next president won't solve this problem

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Joseph Brown

@heresyfinancial

1 year

Fiat was invented to fund war It exists to fund war And it will die by funding war

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Joseph Brown

@heresyfinancial

1 year

The reason that cars use gasoline as fuel may surprise you Henry Ford's vision was a world of automobiles fueled by farm alcohol At the same time, Rockefeller was revolutionizing global energy with oil In order to refine the oil, a WASTE byproduct was created in the process:

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Joseph Brown

@heresyfinancial

2 years

When the income tax started in 1913, they promised it was only for the richest Little did the people know, that was a lie When the IRS hired 87,000 agents in 2022, they promised they wouldn’t come after the middle class Little did the people know…

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Joseph Brown

@heresyfinancial

2 years

Hypothetical: Your car payment is $300/mo. You can easily afford it. You paid $30k for the car but could sell it for $40k But if you sold it you would have to downgrade AND the new one would cost $700/mo which you can’t afford Nobody would take that trade This is housing

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Joseph Brown

@heresyfinancial

2 months

The Fed doesn’t do emergency rate cuts to stop the stock market from crashing They do emergency rate cuts to stop the treasury market from breaking

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Joseph Brown

@heresyfinancial

1 year

I've studied money, investing, and economics for the last ten years. Here are 12 things I teach my kids about financial success: 1. You can't just save your way to wealth, and you can outspend any income If you only make $30k per year, it's not possible to save enough to

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Joseph Brown

@heresyfinancial

2 years

I am a white heterosexual man married father in the 1% An absolute monster

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Joseph Brown

@heresyfinancial

11 months

Toyota is releasing a $10k truck And it's illegal in the US This is the result of government sanctioned monopolies, bailouts, subsidies, regulatory capture, and tariffs protecting large corporate interests All at the cost of the individual

Toyota’s $10,000 Future Pickup Truck Is Basic Transportation Perfection

The IMV 0 makes a Corolla feel like a Bentley in comparison.

www.roadandtrack.com

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Joseph Brown

@heresyfinancial

1 year

What a lucky coincidence for the military industrial complex Right after the flow of money for Ukraine shuts off, the floodgates of money for Israel open wide

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Joseph Brown

@heresyfinancial

2 years

Those who despise capitalism have never lived under communism

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Joseph Brown

@heresyfinancial

1 year

This whole “blackrock owns the world” narrative is getting out of hand Blackrock owns nothing It’s you. You’re the owner. They simply take your money and put it where you want it. If you don’t want blackrock investing your money for you, then stop giving it to them.

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Joseph Brown

@heresyfinancial

7 months

It's possible the next round of QE will not show up on the Fed's balance sheet Instead, it could be carried out by banks themselves Here's how a change to banks leverage rules could bail out the US government 🧵👇🏼 The US Government currently owes $34 trillion - not including

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Joseph Brown

@heresyfinancial

2 years

If you can’t afford to tip well, you can’t afford to eat out

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Joseph Brown

@heresyfinancial

1 year

The yield curve has been signaling a recession for 212 days straight now This is a record Historically, the longer it takes for the recession to start after the inversion, the more severe the recession is

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Joseph Brown

@heresyfinancial

3 years

I posted a vid tonight on gold 9 out of 10 comments are extremely bearish This makes me very excited

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Joseph Brown

@heresyfinancial

1 year

Ok a few important notes about this thread: I am obviously painting with broad brushstrokes here. In order to give a nuanced explanation of every mechanism described, you would fill a book. I prefer to explain things simply so that everyone can understand generally what is

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Joseph Brown

@heresyfinancial

7 months

One of the WORST financial mistakes I see upper-middle class people making right now is paying off their mortgage early 2.5% fixed rate is 30 years of FREE money You can get 5% RISK FREE in a savings account, money market, or Tbills Let your extra money compound at 5% and

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Joseph Brown

@heresyfinancial

2 years

The Fed just erased 4 months of QT by adding $300 billion to it's balance sheet

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Joseph Brown

@heresyfinancial

9 months

I finally read Broken Money by @LynAldenContact Fantastic. Highly recommend. I read about a hundred books per year. It’s rare I come across a great book I love. This is definitely one to add to your list for 2024. Great job Lyn 👍🏼

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Joseph Brown

@heresyfinancial

10 months

The money supply is shrinking. So what? Well, the last time it did this was the Great Depression However, it's important to note that this is a YoY change Looking closer, the money supply change has actually flatlined and is almost unchanged from May-Dec this year The

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Joseph Brown

@heresyfinancial

10 months

Gold popped through all time highs all the way up to $2,150 last night Then the selloff hit hard, driving it back down below prior highs to $2,025 But why? This price action is actually completely normal. Whenever you see a breakout to all time highs, you almost always see

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Joseph Brown

@heresyfinancial

1 year

Part of the yield curve just un-inverted The 20 is now finally back above the 2

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Joseph Brown

@heresyfinancial

2 years

Rebellions, protests, and revolutions all around the world I guess people aren’t a fan of the New World Order

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Joseph Brown

@heresyfinancial

2 years

In order to save us from a crash, the Fed gave us record inflation Now to save us from inflation, they are giving us a record crash

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Joseph Brown

@heresyfinancial

3 years

They say to own nothing. Pay more in taxes. Shut up and defer to the experts. no thanks Own as much as possible. Pay less in taxes. Speak the truth loudly and fuck the ivory-tower elites.

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Joseph Brown

@heresyfinancial

2 years

The Fed is being forced to choose between the dollar and the economy Last time (the 70's) they had to make this choice, they chose the dollar What will they choose this time?

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Joseph Brown

@heresyfinancial

4 months

I've been in Bora Bora for the last week celebrating my anniversary with my wife. Seems like I missed a bit 🤣 - GME kitty is back - Trump is now a felon - FDIC warning tons of banks are about to fail - Fauci lied about everything (shocker) - Mexico slaughtered all their

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Joseph Brown

@heresyfinancial

3 years

Getting the feeling that silver is about to explode to the upside

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Joseph Brown

@heresyfinancial

1 year

The US sovereign debt crisis is beginning - Interest payments on the national debt are now $928 billion - Nearly half of the national debt will be replaced with higher interest rates in next 2 years Only political suicide by everyone in power can stop this now

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Joseph Brown

@heresyfinancial

2 years

The Fed’s error is not tightening too much Their error was 14 years of QE and ZIRP

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Joseph Brown

@heresyfinancial

1 month

When they started the income tax in 1913, it was only a 1% tax on the top 1% of income earners Look how that turned out Today, they propose an unrealized gains tax (wealth tax) only on people worth $100m or more How do you think that will turn out?

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Joseph Brown

@heresyfinancial

2 years

When money printing causes inflation, start price controls When price controls cause shortages, start rationing When rationing causes riots, start martial law

The_Real_Fly

@The_Real_Fly

2 years

FOOD RATIONING IN GERMANY UNDERWAY, 1 PER CUSTOMER

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Joseph Brown

@heresyfinancial

11 months

The Reverse Repo Facility has dropped below $1 trillion for the first time in over 2 years Should be empty by April

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Joseph Brown

@heresyfinancial

7 months

Taxation is theft

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Joseph Brown

@heresyfinancial

4 years

Epic Interview! Hot off the press with @DaveHcontrarian You don't want to miss these insights. Video is bookmarked with chapters for your convenience.

Mega-Insights! Dave Hunter Contrarian Interview [melt up, crash,...

In this fantastic interview, Dave shares his insights on the forces shaping the markets, and where it looks like we are going next. Contrary to most, his nua...

www.youtube.com

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Joseph Brown

@heresyfinancial

10 months

Yesterday‘s FOMC meeting revealed the Fed is making massive changes to the way it views monetary policy, and nobody is talking about it While Fed members expect interest rates to get cut next year, the Fed will continue QT Normally, the Fed uses its two monetary policy tools

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Joseph Brown

@heresyfinancial

10 months

The insiders are selling. Chase. Apple. Walmart. Facebook. Nvidia. Sofi. What are some others?

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Joseph Brown

@heresyfinancial

3 months

The SOFR spiked to a record high yesterday Is the financial system beginning to crack? What this means, and why it’s a big deal 👇🏼 This is an overnight lending rate and represents excess liquidity - or the lack of it If rates spike, it’s because everyone needs cash and few

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Joseph Brown

@heresyfinancial

8 months

The Fed finally updated their chart to reflect interest payments on the national debt is now over $1 trillion It will be be about $1.2 trillion in one year

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Joseph Brown

@heresyfinancial

10 months

@theficouple A family gets out a piece of paper and hangs it on their fridge. The paper is titled “family money board”. At the top of the paper it says “Total Family Bucks: 40” It has 4 columns, one for every family member. At the top of each column, it shows each family member has 10

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Joseph Brown

@heresyfinancial

3 years

I buy silver every single day (allocated, segregated) Once my stack gets too big for comfort, I take delivery Why? - It's undervalued / on sale - Doing my part to drain the vaults - Taking advantage of volatility by DCA

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Joseph Brown

@heresyfinancial

1 year

When I quit my job and started my business, everyone around me thought I was crazy Sacrificed $250k+ with wife and kids All to focus on building an audience-based business that produced $0 in the beginning Family members kept offering ideas of jobs I could work on the side

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Joseph Brown

@heresyfinancial

1 year

Countless people have been sitting on the sidelines, waiting for the next housing crash so that they don't buy at the top Here's why I don't think that is going to happen: 1. 42% of US homeowners have no mortgage. These people cannot be forced to sell 2. Current mortgage

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Joseph Brown

@heresyfinancial

5 months

This is the smartest guy in the government

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Joseph Brown

@heresyfinancial

2 years

Friendly reminder that carbon-neutral gasoline can be manufactured with nuclear energy by sucking carbon out of the air Nuclear solves the global energy problem so well that climate clowns reject it for fear of losing power

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Joseph Brown

@heresyfinancial

4 months

The income tax didn’t exist for all of US history until 1913 Before that the federal government was funded by tariffs and excise taxes

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Joseph Brown

@heresyfinancial

1 year

The national debt ~doubles every 10 years 1993 - $4 trillion 2005 - $8 trillion 2013 - $16 trillion 2023 - $32 trillion 2033 - $64 trillion 2043 - $128 trillion 2053 - $256 trillion 2063 - $512 trillion 2073 - $1 quadrillion+

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Joseph Brown

@heresyfinancial

4 years

Yesterday I backed up the truck 89% of my equity portfolio is now in miners

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Joseph Brown

@heresyfinancial

1 year

Nvidia $NVDA could be involved in massive market manipulation Big money insiders pumping the numbers to unload on unsuspecting retail I spoke with @JG_Nuke about this suspicious trail of evidence, episode live now

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Joseph Brown

@heresyfinancial

1 year

It looks like a major breakdown in bonds is imminent This will send rates surging higher The Fed’s tightening so far is nothing compared to the tightening the market is about to hit the economy with Runaway train meet unbreakable wall

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Joseph Brown

@heresyfinancial

8 months

This looks a lot more like a blow-off top than a new bull market

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Joseph Brown

@heresyfinancial

8 months

If you think Covid caused everything that happened in 2020, you weren't paying attention in 2019

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Joseph Brown

@heresyfinancial

2 years

The US has been at war for 93% of its existence

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Joseph Brown

@heresyfinancial

8 months

Who’s ready for civil war to start tomorrow?

Leading Report

@LeadingReport

8 months

BREAKING: Governors from seventeen states have now declared that they stand with Texas.

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Joseph Brown

@heresyfinancial

10 months

You’re too stupid for your own good If you and others are able to live freely, make your own choices, associate with others voluntarily, and decide for yourself what happens to you and what you own, you’ll suffer. In fact, the decisions you make will be so dumb, they’ll even

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Joseph Brown

@heresyfinancial

11 months

The second wave of bank failures has begun Citizens Bank was placed into FDIC receivership on November 3rd This was the 6th bank failure this year As interest rates stay high or move higher, any bank is at risk of failure if depositors simply decide to withdraw their money

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Joseph Brown

@heresyfinancial

2 years

Aged like milk

Robert Reich

@RBReich

4 years

Larry Summers is dead wrong that Biden's plan would be inflationary. The economy has huge unused capacity. 10 million are jobless. Millions more have dropped out of the job market altogether. Inflation is nowhere in sight. If anything, Biden's plan is too small.

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Joseph Brown

@heresyfinancial

2 years

A government only has 3 sources of income: 1. Taking it involuntarily from some (taxes) 2. Taking it voluntarily from some (borrowing) 3. Taking it involuntarily from all (inflation)

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Joseph Brown

@heresyfinancial

8 months

Your fair share of what someone else owns is zero

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Joseph Brown

@heresyfinancial

2 years

It was an honor meeting you @jordanbpeterson

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Joseph Brown

@heresyfinancial

9 months

We don’t need better government We need less government

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Joseph Brown

@heresyfinancial

1 year

Apparently most people don't know that nuclear energy is just boiling water to turn turbines The "exhaust" is steam

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Joseph Brown

@heresyfinancial

2 years

America is a kleptocracy

Bitcoinization

@bitcoin1zation

2 years

If Elizabeth Warren saved her entire yearly salary and never spent a dime it would take her 235 years to accumulate $67 Million. So my question is, where did her money come from? 🤨

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Joseph Brown

@heresyfinancial

5 years

When a P/L is involved, there is an incentive to make things as simple as possible. When a P/L is not involved, the incentive is to make things as complicated as possible. - @nntaleb

Stalingrad & Poorski

@Stalingrad_Poor

5 years

Thousands of PhD's on staff and they cannot read the economy and inflation is a mystery. Wow. Fed's Barkin: Conflicting signals make U.S. economy hard to read

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Joseph Brown

@heresyfinancial

8 months

Tick tock... Fed's reverse repo facility hits new low of $557 billion (money exiting this facility goes into Tbills for higher yield. When this is empty, less demand for bills, rates go higher)

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Joseph Brown

@heresyfinancial

1 year

MMT is the religion for people who don’t understand first principles, can’t comprehend second order effects, and desperately want to believe in magic

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Joseph Brown

@heresyfinancial

2 years

Why is it considered greed for one to want to keep what they earn, but considered virtue to want to take what others earn?

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Joseph Brown

@heresyfinancial

2 years

If a person's job is to fix a problem, their job ends when the problem is solved Since that person's job depends on the problem existing, the built-in incentive is to never solve the problem

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Joseph Brown

@heresyfinancial

2 months

The unwind of the Yen carry trade is not a black swan It's a grey rhino Black swan: something widely believed to be impossible because it hasn't happened before. Grey rhino: something that has been observed to cause harm many times, but the risk this time is ignored because

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Joseph Brown

@heresyfinancial

8 months

By the end of the first week of my last job, I knew I was going to quit. I was able to join the team because someone (we'll call him Steve) had retired, which freed up room in the budget to hire me Steve was 65ish, had been married about 30 years, and had worked there his

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Joseph Brown

@heresyfinancial

2 years

Everyone is now paying the price of those $1,200 stimulus checks but very few realize it

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Joseph Brown

@heresyfinancial

10 months

In the end, it’s either hyperinflation or hyperdeflation One of these benefits those who choose the outcome Which do you think they’ll choose?

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Joseph Brown

@heresyfinancial

2 months

This is so odd - No letterhead - Weird signature - He hasn't been seen or heard in days - Sitting President pulling out of the race with a SINGLE TWEET - Unconfirmed rumors of severe medical emergency or even death What is going on

Joseph Brown

@heresyfinancial

2 months

BREAKING NEWS: Biden just dropped out

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Joseph Brown

@heresyfinancial

7 months

EVs are dead

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Joseph Brown

@heresyfinancial

2 years

Being controversial is a side effect of telling the truth

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Joseph Brown

@heresyfinancial

1 year

The government lied to you You were not paying the social security tax into a fund that would be there for you when you retire You were paying for existing retirees The fund is broke and will be empty in 10 years Should they pay you less? Or take even more from others?

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Joseph Brown

@heresyfinancial

7 months

More insiders getting out

Insider Tracker

@TrackInsiders_

7 months

🚨Unusual insider trade alert The Walton family just sold $4.5 billion worth of Walmart $WMT Each sibling (Jim, Alice, and Rob) sold $1.5 billion, the trades were reported after market close Friday - most likely to avoid media coverage What don't they want us to know?

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Joseph Brown

@heresyfinancial

9 months

The difference between trusting the science and believing in God One is a religion that commands its followers to trust everything its leaders say about what is true and how to live, no matter the lack of evidence or even evidence to the contrary The other is believing in God

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Joseph Brown

@heresyfinancial

9 months

They don't let recessions happen during election years? Since 1968 there have been 8 official recessions Half of them have been during election years

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Joseph Brown

@heresyfinancial

8 months

The Depression of 1920 is forgotten history Before 1929, it was called The Great Depression because it was the worst one America had ever seen Ignored by economists because it exposes the fallacies in their theories about the causes and cures for recessions/depressions -

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Joseph Brown

@heresyfinancial

3 months

If you trust government, you haven’t studied history You’ve read propaganda

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Joseph Brown

@heresyfinancial

8 months

Most bitcoiners don’t realize that technology makes gold infinitely divisible

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Joseph Brown

@heresyfinancial

9 months

When Jesus wanted to get his point across to the people who mattered, he spoke in parables. This was so that those in power wouldn’t understand what he was saying, but his target audience would. If he had spoken plainly, he would have almost certainly been executed much sooner.

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Joseph Brown

@heresyfinancial

3 months

Housing is in a bubble… Compared to what? Priced in dollars, almost everything looks like a bubble. Which means maybe it’s not a bubble you’re seeing, but a devaluation of a currency.

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Joseph Brown

@heresyfinancial

2 years

Your position size reveals your true confidence level

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