Only American dollars accepted here, you know the kind, still mostly green? And bearing the likeness of a meaningful representative throughout the 247-year history of the country, like George Washington. [My guess is George has been brought to tears in recent years]. I do pray for those that own any of these new-fangled want-to-be currencies though. No I really don’t, I was just kidding, actually I shake my head trying to understand them. However, there are recent developments in the world of Cryptos, our Woke Security and Exchange Commission [the S.E.C.], headed up by Leftist Woke Democrat Gary Gensler, not wanting to disappoint these Modern-day Neanderthals, has directed his S.E.C. to approve of a new way to invest in these “absolute nothings”. Gensler will be placing the S.E.C. stamp of approval on the first “Exchange-Traded” Crypto Fund, or ETF. I actually can’t wait for this to occur because now the rest of us have an easier and more convenient way to Short a whole basket of these meaningless virtual commodities – can’t wait! Finally we’re getting ready to see how married these investment novices are to their precious “nothings” known as “Crypto Currencies”.

I’m predicting this event once approved will finally expose this virtual asset class for what it has always been, pure bullshit! It could mark the beginning of the end to the last bastion of over-speculation in this country. Over-speculation that began when the Federal Reserve completed QE’s to infinity by engineering U.S. interest rates to zero, even sub-zero levels gave birth to investment ridiculousness. Born into this era were NFTs and SPACS which I warned about from their beginning; investors in these two vehicles have since been annihilated. And it looks as if, as I wrote a few years ago, Crypto could be the last of that graduating class of super-speculative and ridiculous investment opportunities to finally, finally collapse. What would one expect to happen who has ever studied economics after two decades of near zero U.S. interest rate policy?

We need to get passed all this, the entire country needs to get back onto a path of r-e-a-l-i-t-y. Utopianism along with its cousins, Climate Change and Wokeism must exit and quickly to get this country back on a real and sustainable course. As long as make-believes like these three ideologies are in control of U.S. economic output, we are lost as a country. Let me repeat that to make sure you are aware – “As long as make-believes like these three ideologies are in control of U.S. economic output, [Liberal Utopian-ism, Climate Change Initiatives, and Woke-ism] we are lost as a country, lost!