Economics
The Case for Fiat
The fiat system is immoral and evil. It corrupts and robs; enriches the wealthy at the expense of everyone else; and allows the ever-creeping growth of government surveillance and control.
The fiat system is immoral and evil. It corrupts and robs; enriches the wealthy at the expense of everyone else; and allows the ever-creeping growth of government surveillance and control.
Boomers and Gen X own approximately $126 TRILLION of assets. But despite their tremendous amount of wealth, they are in a precarious situation.
The fiat maxis really don’t want people to save money. https://t.co/7hR7QJJLya — Marty Bent (@MartyBent) September 13, 2023 "No currency should be able to buy the same basket of goods over very long timespans through hoarding." This is a line that people who have been
Between August 22-24th, the coalition of countries known as BRICS met in Johannesburg, South Africa for their 15th annual summit. BRICS, standing for Brazil, Russia, India, China, South Africa,
Unfortunately, at the moment it is hard to build out more reliable energy infrastructure because the unreliable infrastructure is being heavily subsidized, which is artificially manipulating opportunity costs and pricing new reliable generation sources out of the market.
As you take time to rest and reflect on this holiday I urge you to think about the effects government has on your quality of life and whether or not it deserves the influence it has.
The fiat system is immoral and evil. It corrupts and robs; enriches the wealthy at the expense of everyone else; and allows the ever-creeping growth of government surveillance and control.
Boomers and Gen X own approximately $126 TRILLION of assets. But despite their tremendous amount of wealth, they are in a precarious situation.
The fiat maxis really don’t want people to save money. https://t.co/7hR7QJJLya — Marty Bent (@MartyBent) September 13, 2023 "No currency should be able to buy the same basket of goods over very long timespans through hoarding." This is a line that people who have been
Between August 22-24th, the coalition of countries known as BRICS met in Johannesburg, South Africa for their 15th annual summit. BRICS, standing for Brazil, Russia, India, China, South Africa,
Unfortunately, at the moment it is hard to build out more reliable energy infrastructure because the unreliable infrastructure is being heavily subsidized, which is artificially manipulating opportunity costs and pricing new reliable generation sources out of the market.
As you take time to rest and reflect on this holiday I urge you to think about the effects government has on your quality of life and whether or not it deserves the influence it has.
The decision you make today will severely impact how many sats you have years down the line. Choose wisely.
The announcement of Exahertz expanding its operations within Oman is great to see on two fronts.
All of this should be a reminder that one of the Fed's mandates is "price stability" and that their idea of price stability is a perpetually low (soon to be not as low) level of price inflation.
The negative externalities that emanate from central planning are very predictable.
