RussProfessor's profile picture. I teach supply side economics. The art of the Laffer Curve and the vicissitudes of Money. Oh, and being a futures broker for 32 years I teach trading too.

Professor Russ

@RussProfessor

I teach supply side economics. The art of the Laffer Curve and the vicissitudes of Money. Oh, and being a futures broker for 32 years I teach trading too.

Professor Russ reposted

The average cost to mine a single Bitcoin is now over $90,000. The price of Bitcoin has collapsed to $67,000. Everyone mining Bitcoin at the moment is losing a fortune.

RealJakeBroe's tweet image. The average cost to mine a single Bitcoin is now over $90,000.  The price of Bitcoin has collapsed to $67,000.  Everyone mining Bitcoin at the moment is losing a fortune.

Professor Russ reposted

BREAKING: Binance & ByBit have reportedly begun halting withdrawals as the crypto selloff accelerates

FinanceLancelot's tweet image. BREAKING: Binance & ByBit have reportedly begun halting withdrawals as the crypto selloff accelerates

Professor Russ reposted

Tucker Carlson unleashes a brutal truth bomb: "World Wars I and II weren't just wars—they destroyed the most beautiful civilization ever built: Christian Western civilization." "And this? This is the final blow." Gold blasting past $4,000 an ounce? "That should be screaming…


Today both o those two would be disqualified for that , unless you were making a Bad Clown movie.

This is as about Chicago as you can get. #ChicagoHistory ☑️

Chicago_History's tweet image. This is as about Chicago as you can get.

#ChicagoHistory ☑️


Professor Russ reposted

In some areas of Japan, they installed special signs that warn that cats may jump out suddenly.

historyinmemes's tweet image. In some areas of Japan, they installed special signs that warn that cats may jump out suddenly.

Professor Russ reposted

🚨BREAKING: First Indian astronaut on the moon.


Professor Russ reposted

To supplysiders worried about the Fed's 'independence,' please note Powell's dollar devaluation against gold: Using the 10 year average: 4.2 % annual inflation Using the 1 year average: 11.9 % annual inflation Using the Spot average: 13.2 % annual inflation @briangobosox


Professor Russ reposted

When Dems shield a Fed hawk accused of mortgage fraud -- to win mortgage discounts -- while Powell's high-rate regime traps MLNs in rent hell & kills first-time homebuyer dreams, know this: they're betting your future, and your kids', on protecting elite insiders. Hypocrisy much?


Professor Russ reposted

"The Puppet Regime" 🤣🤣🤣


Professor Russ reposted

You have good instincts But you ignore the most important influence on wealth creation and income mobility: monetary policy. Trump keeps close to Wall Street types. The answer is gold standard types. Perhaps Thiel has been a detrimental influence on this because he doesn't get it


Professor Russ reposted

Epstein: 'Perhaps Epstein was some kind of spy or federal informant who also, in his private life, abused teenage girls. That actually seems infinitely more plausible to me.' open.substack.com/pub/eugyppius/…


Professor Russ reposted

'size of the national debt has almost nothing to do with a country's currency. The big losers to a gold standard are those in high places who can play the markets based on information about monetary policy that leaks from the Fed hour by hour' @chiproytx wanniski.com/ssu/ssu-990122…


Professor Russ reposted

🚨 Imagine a $1M gold heist in 1925. You’d need a convoy -- 3,300+ lbs of metal. 1975? 489 lbs. Today? Just 20.4 lbs. Same gold. Smaller bag. What changed? The dollar. Fiat debasement isn’t progress -- it’s slow motion theft. 1/7


Professor Russ reposted

I’m going to be impressed if Trump accepts that both sides prefer war and so he simply monetizes it for America.

🔥 BREAKING: Trump just cut a new deal with NATO: The U.S. will send weapons to Ukraine — but NATO will pay 100% of the cost. No endless checks. No more blank slates. Trump just flipped the script on Ukraine. A thread 🧵

RodDMartin's tweet image. 🔥 BREAKING: Trump just cut a new deal with NATO:

The U.S. will send weapons to Ukraine — but NATO will pay 100% of the cost.

No endless checks. No more blank slates.

Trump just flipped the script on Ukraine.

A thread 🧵


Professor Russ reposted

Your June jobs take backs Fed inertia, but the dual mandate’s failing -- ~7% mortgages since 2023 & ~30% rent hikes since 2020 have shut off a generation from homeownership. Jobs at 4.1% U3 and FFR at 4.25% won’t fix that. Is this mandate’s political collapse still your prior?


Professor Russ reposted

Warsh is the worst by a long stretch. He's THE Water Boy for Chaos Inc. Nothing matters without anchoring the dollar to gold. Trump gets Wall Street, not Main Street. Sad. @DonaldJTrumpJr @SecScottBessent @howardlutnick @StephenMoore


Professor Russ reposted

🚨A 33-year-old socialist just beat Cuomo by more than 70K votes in NYC’s mayoral primary. Rent’s through the roof, food’s too expensive, and housing’s a dream for most. This is the affordability revolt kicking off! #NYCMayor #AffordabilityCrisis 1/10

Vladimirth's tweet image. 🚨A 33-year-old socialist just beat Cuomo by more than 70K votes in NYC’s mayoral primary. Rent’s through the roof, food’s too expensive, and housing’s a dream for most. This is the affordability revolt kicking off! #NYCMayor #AffordabilityCrisis  1/10

Professor Russ reposted

Rates: 'the Fed as an institution is run by people who are attuned to the needs of corporate America, not entrepreneurial America. It is not a populist institution. The people who benefit most from a commodity-based monetary rule are those on the bottom.' polyconomics.com/fyi/fyi-040728…


Professor Russ reposted

The Don.


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